I know probably nobody wants to hear this right now, but it is pretty incredible that at least $2 billion was liquidated in 24 hours (bybit is reporting they think it might be closer to 8 to 10!) and yet defi didn’t break. No pegs were lost, and no protocols crumbled (afaik.)

Defi on Ethereum is robust and battle-tested.

noun seven three zero | based & optimistic Ξthereum Ξnjoyoor | founder: zerorights.media, zeropod.xyz and the /yellow collective

If defi  didn’t break, no pegs was lost, and no protocol failed, then it means Bybit is saying, I don’t believe it.