> ## Documentation Index
> Fetch the complete documentation index at: https://docs.vanna.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Liquidations

> Monitor recent liquidation events and wallets currently eligible for liquidation.

The Liquidations section gives you a real-time view of liquidation activity across the protocol - both completed liquidations and accounts that are currently eligible to be liquidated.

## Overview metrics

At the top of the page, key summary statistics are shown:

| Metric                     | What it means                                                  |
| -------------------------- | -------------------------------------------------------------- |
| **Number of Liquidations** | Total liquidation events recorded                              |
| **Collateral Seized**      | Total USD value of collateral taken from liquidated accounts   |
| **Debt Repaid**            | Total debt cleared through liquidations                        |
| **Wallets with Bad Debt**  | Accounts where HF dropped below 1.0 (debt exceeded collateral) |
| **Live Bad Debt Estimate** | Current uncovered protocol loss in USD                         |
| **Success Rate**           | % of liquidation attempts that completed successfully          |
| **Avg Time to Liquidate**  | How quickly the protocol responded to eligible positions       |

## Recent liquidation events

The events table shows each liquidation with:

* **Time** - When the liquidation occurred
* **Tx Hash** - On-chain transaction identifier
* **Position** - The account that was liquidated
* **Liquidator** - The address that triggered the liquidation
* **Debt** - Amount of debt cleared
* **Recovered** - Collateral recovered in the liquidation
* **Bad Debt** - Any shortfall that could not be recovered
* **Duration** - Time from eligibility to completion
* **Status** - Success or partial/failed

## Wallets eligible for liquidation

This table lists all accounts currently at HF \< 1.1 - positions that can be liquidated right now. The data refreshes live and shows current debt, collateral value, and liquidation distance for each account.

<img src="https://mintcdn.com/vannafinance/UHj8oBBMt2jwIvZH/images/analytics/WalletEligibleForLiquidation.png?fit=max&auto=format&n=UHj8oBBMt2jwIvZH&q=85&s=0982b98770e16ff854095f661dd20dee" alt="Wallets Eligible for Liquidation" width="1538" height="563" data-path="images/analytics/WalletEligibleForLiquidation.png" />

## Related

* [Risk Monitoring Dashboard](/guides/analytics/overview)
* [Positions](/guides/analytics/positions)
* [Liquidation](/guides/margin/liquidation)