Liquidations and Risk
Curve’s Soft Liquidations Turn a Price Cliff Into a Slope
Curve's LLAMMA sells collateral across price bands, buying borrowers time in a drawdown while shifting arbitrage losses and execution risk onto them.
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Liquidations and Risk
Curve's LLAMMA sells collateral across price bands, buying borrowers time in a drawdown while shifting arbitrage losses and execution risk onto them.
Settlement and bridges
The return restores 85% of the bitcoin drained from Liquid, but 598.5 BTC remains outside the federation wallet and the network is still paused.