Shaktiio: the Anti-Liquidation Protocol for Crypto-Backed Loans
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PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin…
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A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The fallout also left the platform’s HLP vault with a $4 million loss, sparking concerns among traders and investors that it may have…
The crypto market showed active movement during the daily summary as Bitcoin ($BTC) maintained $84,164 while Ethereum ($ETH) surpassed $1,858 representing 61.8% and 8.3% market dominance. Despite its vast $3.01 trillion market value, the sector witnessed substantial price fluctuations due to leveraged trading and market forces which triggered $133.87 billion…
Lybra is becoming a stable and predictable solution for prominent funds and institutional investors in the ever-changing cryptocurrency landscape. EUSD and peUSD, the protocol’s stablecoins, offer a reliable investment with minimal value swings and a predictable and stable nature. They have an approximate 8% annual percentage yield (APY), which is…