After seeing more on-chain liquidations, I realize that many times it's not your position being weak, but the oracle feeding prices being a half beat slow... When the price needle is stabbed down and then bounces back, you think "I haven't hit the liquidation line yet," but the liquidation system only recognizes the price it received, and a delay of a few seconds is enough to send someone out. To put it plainly, the more volatile, the more congested the chain, and the higher the Gas fees, the easier it is to encounter these "I thought it was fine" moments.

So now I tend to be more conservative with leverage, leaving the liquidation line further away, and not relying on "it will rebound." I also look at those on-chain yield products that compare RWA and US Treasury yields, but I care more about which oracle they use and how often they update... No matter how steady the yield, a price feed shake can still cause a collapse. For now, I prefer to earn less and sleep well.