FT Records $50K in Liquidations During First Major Drawdown; 10-20x Lower Than Traditional LTV Model
According to Andre Cronje, founder of Sonic, the FT derivatives platform generated approximately $50,000 in liquidations during its first major market correction on June 6. The equity-based lending model with net risk calculation produced an average liquidation size of $200 to $2,000 per
GateNews·1h ago