Liquidations on Compound 📈💧

What is the frequency and volume of liquidations per day on Compound? @ah_kek has the answer

After spending some time taking a look at the average users and Whales of Compound, let’s turn our attention to liquidations on the network. Today, we’re talking about liquidation frequency and volume on Compund — with some help from @ah_kek.

So, how has liquidation frequency varied on Compound in recent months? Let’s take a look at the data. November 26, 2020 (also known as American Thanksgiving 🦃) was the biggest liquidation day in the protocol’s history, with liquidation frequency reaching 48 over the course of the day.

Source: app.flipsidecrypto.com/velocity/visuals/f3781f84-e0e7–456e-81b1-a42ad3081e75/fde6f085-f729–4066-ae2a-4848158fc827

November 26, however, was not the largest liquidation volume that Compound has seen. That came more recently, on February 23 of this year, by which time the volume of liquidation on Compound had risen to 80 million.

Source: app.flipsidecrypto.com/velocity/visuals/33f9b458-c19d-46fc-aec7–017f530893a5/a8a629d5–8ec9–420f-a128-a29a71670a38

There’s plenty more data and insights to be found on Compound liquidation frequency and volume. Just check out @ah_kek’s bounty post on Medium, and check back here tomorrow for more Compound bounty highlights!

Thanks to @ah_kek for solving this bounty and providing us with the data — make sure to join the Flipside Crypto Discord and subscribe to the Bounty Brief to make sure you don’t miss out on our daily bounties!