USDC 稳定性动摇， DeFi 交易者面临大规模清算

如果 USDC 再次失去 1 美元的锚定汇率，周末押注 USDC 复苏的 DeFi 交易员将面临高达 7080 万美元的潜在清算。由于对陷入困境的硅谷银行持有 33 亿美元资金的担忧，当 USDC 暴跌至 88 美分时，这些头寸被开立，但周一美国银行可以使用这些资金后，这种担忧得到了缓解。然而，如果 USDC 跌至 99 美分或 93 美分，两个总计 2,040 万美元的重要Compound头寸仍可能被清算。

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

USDC 稳定性依然不稳定，DeFi 交易者面临大规模清算风险

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.

如果稳定币本周再次偏离 1 美元的盯住汇率，利用去中心化金融 (DeFi) 平台对 USDC 稳定币复苏进行投机的交易者将面临数百万美元的潜在清算。

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 的数据表明，价值约 7080 万美元的头寸在 1.00 美元至 90 美分的价格范围内很容易被清算。值得注意的是，复利协议最近的两次清算金额分别为 2070 万美元和 1540 万美元。

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.

上周六，稳定币背后的公司 Circle 透露，其向陷入困境的硅谷银行 (SVB) 投资了 33 亿美元，USDC 的稳定性受到了动摇。然而，周日，Circle 确认美国银行将在下周一提供 33 亿美元资金，这缓解了人们对赎回可能暂停的担忧。

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.

尽管随着 USDC 重新与美元挂钩，眼前的恐慌似乎已经消退，但情况仍然脆弱。如果 USDC 跌至 99 美分，则价值 2040 万美元的两个 Compound 头寸中的第一个将被清算。第二个仓位在 93 美分处面临清算风险。

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.

当用户借入资产并且借入资产的价值超过抵押品的价值时，Compound 就会发生清算。在这种情况下，交易者一直在利用 USDC 作为抵押品借入其他加密资产，包括其他稳定币。

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 最近的波动凸显了依赖稳定币的潜在风险。虽然稳定币通常由法定货币或其他资产储备支持，但这些储备可能会受到市场波动和其他可能影响其价值的因素的影响。

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.

从事 DeFi 活动的交易者应谨慎行事，并仔细考虑所涉及的风险。最近围绕 USDC 发生的事件提醒我们，稳定币的稳定性并不总是有保证，如果发生意外的市场事件，可能会造成重大损失。