X @Solana
Solana·2025-10-11 15:14
RT Drift (@DriftProtocol)In the past 24 hours, crypto markets experienced one of the largest flushes in recent history. This was a true stress test for risk systems across the ecosystem, including Drift.Amid this extreme volatility, Drift processed over $76 Million in liquidations across both perpetual and spot markets, incurring just $18K (~0.02%) in socialised losses and maintaining zero downtime throughout.Drift’s risk engine ensured orderly markets and user protection through prudent liquidation paramet ...