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According to Wu, according to DefiLlama data, there are two large ETH positions on MakerDAO (now renamed Sky) that are on the verge of liquidation, with liquidation prices of $1786 and $1805 respectively. Since MakerDAO uses the Oracle Security Module (OSM), even if the market price falls below these liquidation points for a short period of time, these positions will not enter liquidation immediately. The system calculates the median as a reference price through the Medianizer contract and delays it for about 1 hour before applying it to prevent short-term fluctuations from being exploited. The former position was almost liquidated on March 11, and it was out of risk through immediate repayment and increased collateral; the latter position has no related operations for nearly 5 months.
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