These days, the group is again talking about "a certain stablecoin losing its peg" and "reserve audits, etc."


Seeing too much of it really gets a bit exhausting…
I actually tend to focus on the details of liquidations.
Many people think that liquidation just happens instantly when the price hits a certain level, but if the "price feed" is delayed by even a moment, the order book you see and the price the system recognizes might not be the same picture.

The most awkward situation is when the market drops sharply and then immediately recovers:
Delayed price feed = liquidation trigger might be later or earlier,
by the time you react to add margin, the chain has already processed you at the old price;
or you see that you're already safe, but the oracle hasn't updated yet, and liquidation is still on the way…
Basically, you're not dealing with the same table as the system.

Recently, I’ve been more conservative with my orders,
preferring to eat less and not risk holding through volatility just to save a bit on gas.
For now, that’s it—continue to cancel and re-enter orders in the rain.
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