Collateral Seized

Overview

This indicator shows the total amount of each collateral asset being seized for liquidation. If a borrower has more than one asset as collateral for their loan, liquidators get to choose which asset they will seize in order to repay their debt and keep the protocol safe.

How can I use it?

This indicator can present both users and the protocol powerful information. From the protocol stand point the preferred assets among liquidators can provide valuable information about market trends and demand. In general liquidators tend to pick assets that have high liquidity, and thus have In addition, changes in the amount of collateral being seized can provide insight into the health of the protocol and current market conditions, allowing both users and the protocol to make informed decisions.