Liquidation Risk

It is reported that traders who use the DeFi agreement to bet on the recovery of the USDC at the weekend will face 8-digit liquidation risk if the stable currency breaks anchor with the US dollar again this week. Interpretation of this information: The article highlights the potential risks associated with traders who use Decentralized finance (DeFi) agreements to bet on the recovery of the US dollar-anchored stablecoin (USDC) during the weekend. According to the report, traders may face an 8-digit risk of being liquidated if the USDC breaks anchor…