| Time | Details |
|---|---|
| 2024-08-05 14:39 |
Ethereum DeFi Liquidations Reach $350 Million Amidst Market Turmoil
According to EmberCN, today's extreme market conditions led to Ethereum DeFi protocols seeing liquidations exceeding $350 million, setting a new record. Notably, at least $20 million was captured by MEV (Miner Extractable Value) bots. EmberCN highlights API3's OEV (Oracle Extractable Value) network as a potential solution to help lending protocols reclaim value leaked through oracles, which is often exploited by MEV bots. (Source) |