Seismograph by Cryptograph Club

Crypto liquidations on 23 May 2026

On-chain DeFi liquidations on Aave, Spark, Compound, Morpho, Sky and GMX during this UTC day, valued at the block.

Total liquidated $6.3M on-chain DeFi venues
Positions liquidated 446 447 liquidation events

By hour

$0$2.0M$4.0M$6.0M00:00–01:00 UTC: $216K00:0001:00–02:00 UTC: $28K02:00–03:00 UTC: $1103:00–04:00 UTC: $003:0004:00–05:00 UTC: $005:00–06:00 UTC: $18806:00–07:00 UTC: $43K06:0007:00–08:00 UTC: $4.4M08:00–09:00 UTC: $12K09:00–10:00 UTC: $12K09:0010:00–11:00 UTC: $18K11:00–12:00 UTC: $15K12:00–13:00 UTC: $5K12:0013:00–14:00 UTC: $18K14:00–15:00 UTC: $3K15:00–16:00 UTC: $12415:0016:00–17:00 UTC: $8017:00–18:00 UTC: $018:00–19:00 UTC: $47K18:0019:00–20:00 UTC: $8K20:00–21:00 UTC: $1.2M21:00–22:00 UTC: $15K21:0022:00–23:00 UTC: $318K23:00–00:00 UTC: $1K

Events this day

Liquidation waves and positions of $1M or more, largest first
Date (UTC)EventValueMagnitude (on-chain)
23 May 2026 $1.8M GMX v2 liquidation on Arbitrum, 23 May 2026 $1.8M M 3.3
By venue
ValuedSharePositions
GMX $4.8M 75% 190
Morpho $1.2M 19% 178
Aave $380K 6% 73
Spark $1K <1% 2
Compound $1 <1% 3
By asset
ValuedSharePositions
Ethereum $4.3M 67% 155
Other $1.5M 23% 246
Bitcoin $613K 10% 40
Stablecoins $2K <1% 5
By chain
ValuedSharePositions
Arbitrum $4.8M 75% 212
Base $1.2M 19% 186
Ethereum $321K 5% 48

Largest positions liquidated

One borrower in one transaction
TimeVenueLiquidatedValueRecord
07:50 GMX v2 (Arbitrum) Long, Ethereum $1.8M Event · Transaction
07:31 Morpho Blue (Base) WETH $590K Transaction
20:38 GMX v2 (Arbitrum) Short, Ethereum $505K Transaction
20:37 GMX v2 (Arbitrum) Short, Other $485K Transaction
22:35 GMX v2 (Arbitrum) Long, Ethereum $293K Transaction
07:50 Morpho Blue (Base) WETH $291K Transaction
20:55 GMX v2 (Arbitrum) Short, Bitcoin $155K Transaction
07:50 GMX v2 (Arbitrum) Long, Bitcoin $79K Transaction
07:46 GMX v2 (Arbitrum) Long, Ethereum $73K Transaction
07:48 GMX v2 (Arbitrum) Long, Ethereum $69K Transaction