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In the past hour, the entire network was liquidated by $233 million, with $117 million liquidated in a single ETH position.
26m ago
Data: If BTC breaks through $77,702, the total liquidation strength of short positions on mainstream CEXs will reach $1.142 billion.
32m ago
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Turbos launched a leveraged trading lending pool powered by Deepbook and Abyss
Odaily Planet Daily reports that Turbos has officially launched a leveraged trading lending pool supported by technology from Deepbook and Abyss. Users can provide assets to DeepBook’s lending pool to earn sustainable real returns. Currently, the annualized yield on USDC deposits exceeds 20%, and users can also receive airdrop points as rewards.
This launch includes four single-asset lending pools: SUI, USDC, DEEP, and WALRUS, all accessible without trading. The official statement indicates that the main sources of income are threefold: interest paid by margin traders, revenue sharing from leveraged position liquidations, and ecosystem incentive subsidies.