Seismograph by Cryptograph Club

Morpho liquidations

Each Morpho market pairs one collateral token with one loan token, an oracle and a liquidation loan-to-value (LLTV). A position whose loan-to-value exceeds the LLTV can be liquidated: the liquidator repays debt and seizes collateral plus an incentive that is larger for markets with a lower LLTV. Seismograph counts the collateral seized, as Morpho itself computes it in the liquidation: the debt repaid times the market's incentive, in loan tokens, valued in USD with Aave's oracle for the loan token in the same block. Covered: Morpho Blue on Ethereum and Base.

Last 24 hours $98 10 positions
Last 7 days $694K 332 positions
Last 30 days $10.9M 2,872 positions

By day

$0$2.0M$4.0M$6.0M29 Sep 2026: $14K29 Sep30 Sep 2026: $851 Oct 2026: $1K2 Oct 2026: $5K3 Oct 2026: $1483 Oct4 Oct 2026: $2K5 Oct 2026: $1176 Oct 2026: $677 Oct 2026: $362K7 Oct8 Oct 2026: $4.5M9 Oct 2026: $3.2M10 Oct 2026: $12011 Oct 2026: $6K11 Oct12 Oct 2026: $6K13 Oct 2026: $412K14 Oct 2026: $106K15 Oct 2026: $1.1M15 Oct16 Oct 2026: $79617 Oct 2026: $163K18 Oct 2026: $249K19 Oct 2026: $5419 Oct20 Oct 2026: $2K21 Oct 2026: $5K22 Oct 2026: $29K23 Oct 2026: $1K23 Oct24 Oct 2026: $642K25 Oct 2026: $6K26 Oct 2026: $8227 Oct 2026: $15K27 Oct28 Oct 2026: $98
By chain, last 30 days
ValuedSharePositions
Base $10.5M 96% 2,745
Ethereum $448K 4% 127
By collateral, last 30 days
ValuedSharePositions
Other $7.9M 72% 1,747
Ethereum $2.8M 26% 1,085
Stablecoins $133K 1% 13
Bitcoin $111K 1% 27

Largest positions liquidated

One borrower in one transaction, last 30 days
Time (UTC)VenueLiquidatedValueRecord
9 Oct, 00:34 Morpho Blue (Base) Other $3.2M Event · Transaction
8 Oct, 15:23 Morpho Blue (Base) WETH $344K Transaction
15 Oct, 02:24 Morpho Blue (Base) Other $165K Transaction
8 Oct, 15:35 Morpho Blue (Base) cbETH $162K Transaction
8 Oct, 17:05 Morpho Blue (Base) Other $154K Transaction
7 Oct, 21:44 Morpho Blue (Base) Other $147K Transaction
8 Oct, 15:21 Morpho Blue (Base) WETH $143K Transaction
15 Oct, 02:22 Morpho Blue (Base) WETH $136K Transaction
8 Oct, 15:35 Morpho Blue (Base) Other $134K Transaction
8 Oct, 15:14 Morpho Blue (Base) Other $124K Transaction

Events

Liquidation waves and positions of $1M or more involving Morpho
Date (UTC)EventValueMagnitude (on-chain)
9 Oct 2026 $3.2M Morpho Blue liquidation on Base, 9 Oct 2026 $3.2M M 3.5
8 Oct 2026 $9.1M on-chain liquidation wave, 8 Oct 2026 $9.1M M 4.0
10 Sep 2026 $6.5M on-chain liquidation wave, 10 Sep 2026 $6.5M M 3.8
25 Aug 2026 $1.2M Morpho Blue liquidation on Ethereum, 25 Aug 2026 $1.2M M 3.1
25 Aug 2026 $7.0M Morpho Blue liquidation on Ethereum, 25 Aug 2026 $7.0M M 3.8
25 Aug 2026 $13.4M Morpho Blue liquidation on Ethereum, 25 Aug 2026 $13.4M M 4.1
25 Aug 2026 $11.3M Morpho Blue liquidation on Ethereum, 25 Aug 2026 $11.3M M 4.1
25 Aug 2026 $37.1M on-chain liquidation wave, 25 Aug 2026 $37.1M M 4.6
22 Aug 2026 $20.0M on-chain liquidation wave, 22 Aug 2026 $20.0M M 4.3
19 Aug 2026 $13.5M on-chain liquidation wave, 19 Aug 2026 $13.5M M 4.1