How do liquidation cascades propagate, and how deep do they run?

What a cascade does to a position and to the ability to execute.

Status: OK
Confidence: low
As of: 2026-10-06T16:41:47.000Z
Method: Method
Feed: aave-liquidation-cascades.json

0.00%

Share of calls sitting in a multi-call cluster

Longest cluster is 1 call.

In a cluster 0.00%

Window 26086595–26134594. Gap 25 blocks. Squares count the longest run (1). Call positions are not in the reading.

Gap 25 blocks. Window 26086595–26134594.

Method

LiquidationCall logs on the Aave v3 Pool 0x87870Bca3F3fD6335C3F4ce8392D69350B4fA4E2, the address in the Aave address book, over one contiguous block window from a public Ethereum RPC. A cluster continues while successive calls are at most 25 blocks apart. clusterShare is the share of calls that sit in a cluster of two or more. maxDepth is the number of calls in the longest cluster.

Notional repaid is not the metric. Oracle gap is not reconstructed. A window with no calls is refused. A window of isolated calls is a calm span, published as a zero cluster share.

Method URL /onchain/aave-liquidation-cascades/#method

Sources

Limitations

This window contains 7 liquidation calls. Isolated calls are a calm span, not evidence that a cascade cannot form.
Depth is a count of LiquidationCall events inside a time cluster, not the notional repaid and not a liquidation board.
A new cluster starts when successive calls are more than 25 blocks apart (about five minutes on Ethereum).
Oracle gap is not measured. A free non-archive sample does not reconstruct historical oracle prices, so intensity versus price dislocation is unstated.
The window is one contiguous span of recent blocks, not a chosen stress day. A calm market compresses the cluster share.

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