GMX is experiencing one of its highest-volume weeks ever: 🔸 Over $1 Billion in 24h volume. 🔸 $4.72 Billion in weekly volume. 🙋 7,972 users in a single day. 🙋 8,642 users this week, and counting. Thank you to everyone who is enjoying self-custodial on-chain trading!

Proud to see Aave performing flawlessly during the past 24 hours of market volatility where more than $200M+ in liquidations occurred. For the past 5 years, Aave and Chainlink have been working together to help build a hyper-secure and reliable DeFi protocol that works when it matters most. Just use Aave and Chainlink.

To support @aave and the broader DeFi community, we've published an analysis on how lending protocols can integrate and configure Chainlink SVR to recapture liquidation MEV and increase revenue in a risk-adjusted manner. Explore the full report 👇

3 out of the TOP 4 are Wintermute’s liquidation bots liquidating WETH collateral, bundled with oracle update before it at the top of block. All are landed in rsync’s blocks and bribed total of 141.5 ETH. the bot, as an example from one of the txs, 1) bundled up a Chainlink oracle updating ETH onchain price to $3090, 2) borrowed $7m USDC via Flashloan from Balancer, 3) paid $7m USDC Compound debt and liquidated its 2341 WETH collateral 3) sent it to a WM address, who sent 7m USDC for repaying flashloan + 50 ETH bribe to the builder in return. The bot still made 20 ETH in profits besides the huge bribe (71% of the profits): with the new price, they paid 2271 ETH worth of USDC and claimed 2341 ETH collateral, which totals to a 70 ETH profit, out of which 50 ETH are to the validator.