I've just analyzed all the @AaveAave liquidation events.

There are 1629 *non-zero* liquidation events with ~$41.47M in value

Total liquidations over time looks like this

More details in the THREAD 🧵👇
There are 278 unique liquidators, and the liquidation events are very competitive.

Top 10 liquidators account for 90.89% of the total liquidated amount (~$37.7M) in 880 liquidation events 🤯

Even though you can liquidate your position, this has only happened once
Total number of liquidated accounts amount to 359

Out of all the liquidated account, top 2 accounts represent 89.77% (~$37.23M) of total value liquidated.

Top 10 accounts represent 95.31% of the total
ETH has been liquidated the most, followed by USDC, LINK, DAI & LEND

LINK is the most borrowed asset in which liquidation happens, followed by ETH, LEND & USDC

Pairwise it's USDC/LINK, DAI/ETH, ETH/LEND & LINK/USDC.

Pair is in Collateral/Borrowed form
Amount wise, most liquidations happened to:

USDC - $37.22M (89.75%) 🤪
LINK - $2.18M (5.25%)
ETH - $0.77M (1.85%)
In Asset Pairs, it is as follows:

USDC/LINK - $37.13M (89.53%)
LINK/USDC - $0.93M (2.2%)
LINK/TUSD - $0.66M (1.59%)

(Figure only shows top 10 asset pairs)
LINK as borrowed asset accounts for 75.38% of total liquidation in value followed by USDC (2.1%), TUSD (1.73%) & USDT (1.47%)
Biggest liquidation event is worth $9.08M (USDC/LINK). This is that transaction https://etherscan.io/tx/0x8e49050106d70b7ffbdf74477edc8195a45590051d53a5138c0d236f616b1b4d

Second biggest is only worth $0.81M
There are more details in the Jupyter Notebook worked on, which can be found here - https://github.com/mubaris/aave_liquidations

Feel free to check it out

Thanks for reading 🙏

Special thanks to @graphprotocol for making on-chain data easily available and @coingecko for historic price APIs
You can follow @realmubaris.
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