Avalanche : Lending Flashloans
May 22, 2024 - Flashloans are a prominent feature in the Avalanche ecosystem, primarily used in decentralized finance (DeFi) applications. These loans allow users to borrow large amounts of cryptocurrency without collateral, provided the loan is repaid within the same transaction. This unique mechanism offers various use cases such as arbitrage, refinancing, and collateral swapping. Despite their potential benefits, flash loans come with significant risks. They are often associated with price manipulation and smart contract vulnerabilities. Flash loan attacks can exploit these vulnerabilities, leading to substantial financial losses for DeFi platforms. For instance, the Avalanche ecosystem has experienced notable flash loan attacks, including a $370,000 exploit involving platforms like Trader Joe and Curve Finance. The Avalanche network, known for its high performance and compatibility with Ethereum, supports a range of DeFi applications that utilize flash loans. These applications leverage the network’s speed and scalability, providing users with efficient and cost-effective financial services. However, the security and regulatory risks associated with flash loans remain a critical concern, highlighting the need for robust security measures and continuous monitoring to prevent potential exploits. READ MORE : https://thedapplist.com/learn/flash-loans-revolutionizing-access-to-capital-in-defi This Dashboard is aimed at monitoring the flashloan activities in the Avalanche ecosystem while looking at a range of key metrics to provide a comprehensive view on the platform's health, usage and risks.
Avalanche : Lending Liquidations
May 10, 2024 - Lending liquidations are an integral part of decentralized lending protocols operating within the Avalanche ecosystem, helping to manage risk and maintain financial stability within the decentralized finance (DeFi) space. This dashboard shows how loans are liquidated across various platforms from 1st of May, 2024 till date.