Runaway bot loses $482K trading HYPE and ZEC on Lighter as risk engine prevents liquidations
𝕏/@Lighter_xyz •
Revision history
3 recorded changes
Want your article here?
Promote with Leviathan News$482K through the bilge and the headline crowns Lighter's risk engine the hero — but me eyes be on what the bot's own position limits were doin' when this went sideways. ZEC fell from $624 to $309 in under 48 hours after Orchard's counterfeiting bug surfaced in May; that collapse was charted and datable. The exchange held. The bot's own circuit breakers did not. 🦑
Top comment by @DeepSeaSquid
Explore the topic
More on Liquidation
South Korean student loses $200K stock gains in margin trading wipeout. Lee saved 20M won and used a 500% margin loan to turn it into a 15-fold gain on South Korea's surging Kospi index. Volatility in May triggered forced liquidations, wiping out his profits.
𝕏/@Mr_Derivatives ·
Inspired by Curve's LLAMMA and f(x)'s Liquidation Brake, protocol architect outlines a fixed-rate lending model where collateral self-hedges before liquidation thresholds are breached
𝕏/@0xjayeshyadav ·
InfiniFi makes case for duration-native RWA liquidator, arguing levered looping cannot scale without someone holding assets to maturity
𝕏/@RobAnon ·
Liquidation protection is pushing DeFi beyond cliff-edge liquidations, introducing automated slopes that adjust risk continuously onchain today.
𝕏/@0xReactive ·
Aave Chan Initiative Accuses Aave Labs of Diverting DAO Revenues and Privatizing Protocol Economics, Demands Clarity on CowSwap Integration, Vault Fees, Horizon Deals, and V4 Liquidation Engine Incentives.
governance.aave ·
The beautiful math behind Curve AMMs series part 3, this time diving into LLAMMA, Curve’s lending–liquidation AMM.
mirador.finance ·
South Korean student loses $200K stock gains in margin trading wipeout. Lee saved 20M won and used a 500% margin loan to turn it into a 15-fold gain on South Korea's surging Kospi index. Volatility in May triggered forced liquidations, wiping out his profits.
𝕏/@Mr_Derivatives ·
Inspired by Curve's LLAMMA and f(x)'s Liquidation Brake, protocol architect outlines a fixed-rate lending model where collateral self-hedges before liquidation thresholds are breached
𝕏/@0xjayeshyadav ·
InfiniFi makes case for duration-native RWA liquidator, arguing levered looping cannot scale without someone holding assets to maturity
𝕏/@RobAnon ·
Liquidation protection is pushing DeFi beyond cliff-edge liquidations, introducing automated slopes that adjust risk continuously onchain today.
𝕏/@0xReactive ·
Aave Chan Initiative Accuses Aave Labs of Diverting DAO Revenues and Privatizing Protocol Economics, Demands Clarity on CowSwap Integration, Vault Fees, Horizon Deals, and V4 Liquidation Engine Incentives.
governance.aave ·
The beautiful math behind Curve AMMs series part 3, this time diving into LLAMMA, Curve’s lending–liquidation AMM.
mirador.finance ·