August 2, 2019, 6:34AM EDT
• 2 min read

A look into MakerDAO's CDP liquidations

Quick Take

  • CDP liquidations on MakerDAO have increased by over 170% in July as ETH prices have fallen 25%
  • Although the amount of PETH liquidated in July was a fraction of the levels experienced in late 2018, the number of liquidations in July reached an all time high
  • Of the 603 liquidations in July, 67% were incurred by CDP’s with less than 5,000 DAI outstanding
  • Of the 78 million DAI currently outstanding, 8.1 million are associated with CDPs with a high risk of liquidation

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