USDC 穩定性動搖， DeFi 交易者面臨大規模清算

如果 USDC 再次失去 1 美元的錨定匯率，週末押注 USDC 復甦的 DeFi 交易員將面臨高達 7,080 萬美元的潛在清算。由於對陷入困境的矽谷銀行持有 33 億美元資金的擔憂，當 USDC 暴跌至 88 美分時，這些頭寸被開立，但周一美國銀行可以使用這些資金後，這種擔憂得到了緩解。然而，如果 USDC 跌至 99 美分或 93 美分，兩個總計 2,040 萬美元的重要Compound頭寸仍可能被清算。

DeFi Traders at Risk of Massive Liquidations as USDC Stability Remains Precarious

USDC 穩定性仍不穩定，DeFi 交易者面臨大規模清算風險

Traders utilizing decentralized finance (DeFi) platforms to speculate on a resurgence of the USDC stablecoin face potential liquidations amounting to millions of dollars should the stablecoin deviate from its $1 peg once again this week.

如果穩定幣本週再次偏離 1 美元的盯住匯率，利用去中心化金融 (DeFi) 平台對 USDC 穩定幣復甦進行投機的交易者將面臨數百萬美元的潛在清算。

Data from DeFiLlama indicates that approximately $70.8 million worth of positions stand vulnerable to liquidation within a price range of $1.00 to 90 cents. Notably, two recent liquidations on the Compound interest protocol amounted to $20.7 million and $15.4 million, respectively.

DeFiLlama 的數據表明，價值約 7,080 萬美元的部位在 1.00 美元至 90 美分的價格範圍內很容易被清算。值得注意的是，複利協議最近的兩次清算金額分別為 2,070 萬美元和 1,540 萬美元。

The stability of USDC was shaken last Saturday when Circle, the company behind the stablecoin, disclosed that it had $3.3 billion invested in the embattled Silicon Valley Bank (SVB). However, fears of a potential suspension in redemptions were alleviated on Sunday when Circle confirmed that the $3.3 billion would be available at U.S. banks the following Monday.

上週六，穩定幣背後的公司 Circle 透露，其向陷入困境的矽谷銀行 (SVB) 投資了 33 億美元，USDC 的穩定性受到了動搖。然而，週日，Circle 確認美國銀行將在下週一提供 33 億美元資金，這緩解了人們對贖回可能暫停的擔憂。

While the immediate panic seems to have subsided with USDC regaining its peg, the situation remains fragile. The first of two Compound positions, valued at $20.4 million, will be liquidated if USDC falls to 99 cents. The second position stands at risk of liquidation at 93 cents.

儘管隨著 USDC 重新與美元掛鉤，眼前的恐慌似乎已經消退，但情況仍然脆弱。如果 USDC 跌至 99 美分，則價值 2040 萬美元的兩個 Compound 頭寸中的第一個將被清算。第二個部位在 93 美分處面臨清算風險。

Liquidations on Compound occur when users borrow an asset and the value of the borrowed assets surpasses the value of the collateral. In this instance, traders have been leveraging USDC as collateral to borrow other crypto assets, including other stablecoins.

當用戶借入資產並且借入資產的價值超過抵押品的價值時，Compound 就會發生清算。在這種情況下，交易者一直在利用 USDC 作為抵押品借入其他加密資產，包括其他穩定幣。

The recent volatility in USDC underscores the potential risks associated with relying on stablecoins. While stablecoins are typically backed by reserves of fiat currency or other assets, these reserves can be subject to market fluctuations and other factors that may affect their value.

USDC 最近的波動凸顯了依賴穩定幣的潛在風險。雖然穩定幣通常由法定貨幣或其他資產儲備支持，但這些儲備可能會受到市場波動和其他可能影響其價值的因素的影響。

Traders engaging in DeFi activities should exercise caution and carefully consider the risks involved. The recent events surrounding USDC serve as a reminder that the stability of stablecoins is not always assured and that substantial losses can occur in the event of unexpected market events.

從事 DeFi 活動的交易者應謹慎行事，並仔細考慮所涉及的風險。最近圍繞 USDC 發生的事件提醒我們，穩定幣的穩定性並不總是有保證，如果發生意外的市場事件，可能會造成重大損失。