Largest DeFi liquidations

The largest single positions liquidated on the covered DeFi venues, and the largest liquidation waves, since 1 September 2025. A position is one borrower in one transaction; every position of $1.0M or more has its own page.

Largest positions

Single positions liquidated, largest first
Date (UTC)	Event	Value	Magnitude (on-chain)
6 May 2026	$133.5M Aave v3 liquidation on Ethereum, 6 May 2026	$133.5M	M 5.1
6 May 2026	$31.5M Aave v3 liquidation on Arbitrum, 6 May 2026	$31.5M	M 4.5
10 Oct 2025	$30.6M GMX v2 liquidation on Arbitrum, 10 Oct 2025	$30.6M	M 4.5
4 Nov 2025	$26.7M Aave v3 liquidation on Ethereum, 4 Nov 2025	$26.7M	M 4.4
20 Jan 2026	$26.6M GMX v2 liquidation on Arbitrum, 20 Jan 2026	$26.6M	M 4.4
5 Jun 2026	$23.6M Aave v3 liquidation on Ethereum, 5 Jun 2026	$23.6M	M 4.4
6 May 2026	$23.3M Aave v3 liquidation on Arbitrum, 6 May 2026	$23.3M	M 4.4
6 Jun 2026	$21.4M Aave v3 liquidation on Ethereum, 6 Jun 2026	$21.4M	M 4.3
9 May 2026	$20.5M GMX v2 liquidation on Arbitrum, 9 May 2026	$20.5M	M 4.3
6 May 2026	$20.1M Aave v3 liquidation on Arbitrum, 6 May 2026	$20.1M	M 4.3
6 Feb 2026	$19.7M Aave v3 liquidation on Ethereum, 6 Feb 2026	$19.7M	M 4.3
25 Mar 2026	$18.6M GMX v2 liquidation on Arbitrum, 25 Mar 2026	$18.6M	M 4.3
2 Feb 2026	$17.8M Aave v3 liquidation on Ethereum, 2 Feb 2026	$17.8M	M 4.2
22 Aug 2026	$17.3M GMX v2 liquidation on Arbitrum, 22 Aug 2026	$17.3M	M 4.2
21 Nov 2025	$16.8M Compound v3 liquidation on Ethereum, 21 Nov 2025	$16.8M	M 4.2
6 Jun 2026	$15.4M Aave v3 liquidation on Ethereum, 6 Jun 2026	$15.4M	M 4.2
6 Mar 2026	$14.0M GMX v2 liquidation on Arbitrum, 6 Mar 2026	$14.0M	M 4.1
16 Nov 2025	$13.9M Aave v3 liquidation on Ethereum, 16 Nov 2025	$13.9M	M 4.1
31 Jan 2026	$13.9M Aave v3 liquidation on Ethereum, 31 Jan 2026	$13.9M	M 4.1
20 Mar 2026	$13.5M GMX v2 liquidation on Arbitrum, 20 Mar 2026	$13.5M	M 4.1
25 Aug 2026	$13.4M Morpho Blue liquidation on Ethereum, 25 Aug 2026	$13.4M	M 4.1
10 Mar 2026	$13.1M Aave v3 liquidation on Ethereum, 10 Mar 2026	$13.1M	M 4.1
1 Dec 2025	$12.2M GMX v2 liquidation on Arbitrum, 1 Dec 2025	$12.2M	M 4.1
10 Oct 2025	$11.8M Aave v3 liquidation on Ethereum, 10 Oct 2025	$11.8M	M 4.1
25 Aug 2026	$11.3M Morpho Blue liquidation on Ethereum, 25 Aug 2026	$11.3M	M 4.1
6 May 2026	$11.3M Aave v3 liquidation on Arbitrum, 6 May 2026	$11.3M	M 4.1
10 Oct 2025	$11.3M Spark liquidation on Ethereum, 10 Oct 2025	$11.3M	M 4.1
31 Jan 2026	$11.1M Compound v3 liquidation on Ethereum, 31 Jan 2026	$11.1M	M 4.0
6 Feb 2026	$10.8M Aave v3 liquidation on Ethereum, 6 Feb 2026	$10.8M	M 4.0
2 Jul 2026	$10.4M GMX v2 liquidation on Arbitrum, 2 Jul 2026	$10.4M	M 4.0
21 Nov 2025	$10.4M Aave v3 liquidation on Ethereum, 21 Nov 2025	$10.4M	M 4.0
16 Nov 2025	$10.2M GMX v2 liquidation on Arbitrum, 16 Nov 2025	$10.2M	M 4.0
18 Feb 2026	$10.1M GMX v2 liquidation on Arbitrum, 18 Feb 2026	$10.1M	M 4.0
16 Nov 2025	$9.7M Aave v3 liquidation on Ethereum, 16 Nov 2025	$9.7M	M 4.0
4 Nov 2025	$9.7M GMX v2 liquidation on Arbitrum, 4 Nov 2025	$9.7M	M 4.0
18 Mar 2026	$9.5M GMX v2 liquidation on Arbitrum, 18 Mar 2026	$9.5M	M 4.0
4 Dec 2025	$9.4M GMX v2 liquidation on Arbitrum, 4 Dec 2025	$9.4M	M 4.0
12 Oct 2025	$9.4M Aave v3 liquidation on Ethereum, 12 Oct 2025	$9.4M	M 4.0
4 Nov 2025	$9.0M Aave v3 liquidation on Ethereum, 4 Nov 2025	$9.0M	M 4.0
17 Oct 2025	$9.0M Morpho Blue liquidation on Ethereum, 17 Oct 2025	$9.0M	M 4.0
22 Dec 2025	$8.9M GMX v2 liquidation on Arbitrum, 22 Dec 2025	$8.9M	M 3.9
5 Feb 2026	$8.9M Aave v3 liquidation on Ethereum, 5 Feb 2026	$8.9M	M 3.9
4 Nov 2025	$8.7M Aave v3 liquidation on Ethereum, 4 Nov 2025	$8.7M	M 3.9
4 Nov 2025	$8.6M Aave v3 liquidation on Ethereum, 4 Nov 2025	$8.6M	M 3.9
20 Nov 2025	$8.3M Aave v3 liquidation on Ethereum, 20 Nov 2025	$8.3M	M 3.9
16 Nov 2025	$7.8M Aave v3 liquidation on Ethereum, 16 Nov 2025	$7.8M	M 3.9
5 Jun 2026	$7.8M Aave v3 liquidation on Ethereum, 5 Jun 2026	$7.8M	M 3.9
28 Jul 2026	$7.7M GMX v2 liquidation on Arbitrum, 28 Jul 2026	$7.7M	M 3.9
31 Jan 2026	$7.7M Aave v3 liquidation on Ethereum, 31 Jan 2026	$7.7M	M 3.9
3 Jun 2026	$7.6M Aave v3 liquidation on Ethereum, 3 Jun 2026	$7.6M	M 3.9

Largest waves

Liquidation waves across all covered venues, largest first
Date (UTC)	Event	Value	Magnitude (on-chain)
4 Feb 2026	$442.9M on-chain liquidation wave, 4 Feb 2026	$442.9M	M 5.6
10 Oct 2025	$359.3M on-chain liquidation wave, 10 Oct 2025	$359.3M	M 5.6
31 Jan 2026	$226.8M on-chain liquidation wave, 31 Jan 2026	$226.8M	M 5.4
6 May 2026	$225.3M on-chain liquidation wave, 6 May 2026	$225.3M	M 5.4
4 Nov 2025	$177.7M on-chain liquidation wave, 4 Nov 2025	$177.7M	M 5.2
21 Nov 2025	$130.1M on-chain liquidation wave, 21 Nov 2025	$130.1M	M 5.1
5 Jun 2026	$119.2M on-chain liquidation wave, 5 Jun 2026	$119.2M	M 5.1
1 Feb 2026	$81.6M on-chain liquidation wave, 1 Feb 2026	$81.6M	M 4.9
3 Jun 2026	$59.6M on-chain liquidation wave, 3 Jun 2026	$59.6M	M 4.8
16 Nov 2025	$59.0M on-chain liquidation wave, 16 Nov 2025	$59.0M	M 4.8
19 Jan 2026	$56.4M on-chain liquidation wave, 19 Jan 2026	$56.4M	M 4.8
20 Nov 2025	$56.1M on-chain liquidation wave, 20 Nov 2025	$56.1M	M 4.7
17 Oct 2025	$49.4M on-chain liquidation wave, 17 Oct 2025	$49.4M	M 4.7
6 Jun 2026	$49.3M on-chain liquidation wave, 6 Jun 2026	$49.3M	M 4.7
3 Feb 2026	$48.3M on-chain liquidation wave, 3 Feb 2026	$48.3M	M 4.7
20 Jan 2026	$48.0M on-chain liquidation wave, 20 Jan 2026	$48.0M	M 4.7
25 Aug 2026	$37.1M on-chain liquidation wave, 25 Aug 2026	$37.1M	M 4.6
5 Jun 2026	$34.4M on-chain liquidation wave, 5 Jun 2026	$34.4M	M 4.5
17 Nov 2025	$33.9M on-chain liquidation wave, 17 Nov 2025	$33.9M	M 4.5
14 Nov 2025	$31.9M on-chain liquidation wave, 14 Nov 2025	$31.9M	M 4.5

Every liquidation cascade