# Open Liquidations

**Overview**

This indicator shows the number of open positions and the corresponding volume pending to be liquidated. This information is useful to gauge the exposure and bad debt that the protocol could face.

**How can I use it?**

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Knowing the number of loans that can currently be liquidated on a DeFi protocol can provide useful information for understanding if there are any liquidity issues and the current stability of the protocol.

The number of loans that can currently be liquidated gives an indication of the liquidity in the ecosystem, as it represents that there isn’t any liquidator available to execute the position and gain their corresponding premium. A high number of loans that can be liquidated indicates a high necessity for liquidators, which help ensure that the protocol remains stable and secure.


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