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What is Anthias?
Anthias is a tool with which you can track how close big wallets are to liquidation on your favorite chains and protocols.
During the crypto collapse of May 2022, many whales had over-borrowed, betting on asset prices and yields that proved to be unsustainable. This resulted in a cascade of liquidations that caused asset prices to fall further, hurting many unsuspecting DeFi fish and whales, alike.
Anthias was created to help DeFi users at all levels be able to see which protocols and chains are at risk of a liquidation cascade, so they can act accordingly if they choose to do so.
Not sure what a liquidation or liquidation cascade is or why you should care? No worries. Read on
Last modified 2mo ago