DeFi liquidations
نویسندگان
چکیده
This work delves into the liquidations mechanism inherent in Decentralised Finance (DeFi) lending protocols and connection between price volatility decentralised exchanges (DEXs). The analysis employs transactional data of three largest DeFi provides evidence a positive relation post-liquidations across main DEX pools. Without directly observing behaviour liquidators, these findings indirectly indicate that liquidators require market liquidity to carry out large affect conditions while doing so.
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ژورنال
عنوان ژورنال: OECD working papers on finance, insurance private pensions
سال: 2023
ISSN: ['2079-7117']
DOI: https://doi.org/10.1787/0524faaf-en