AAVE在不产生新的坏账的情况下处理数百万的清算，在市场波动期间展示了弹性

周一的分散贷款协议AAVE AAVE在数百万的清算中处理了数百万美元，而无需累积任何新的坏账，展示了其在市场波动期间的弹性

Decentralized lending protocol Aave processed millions in liquidations Monday but didn't accrue any new bad debt, showcasing its resilience during market volatility, data from Chaos Labs shows.

Chaos Labs的数据显示，分散的贷款协议周一在清算中处理了数百万美元的清算，但并未累积任何新的坏账，展示了其在市场波动期间的韧性。

The crypto market wilted early Monday, with the price of bitcoin (BTC) falling to nearly $91,000 from $100,000 as concerns of a trade war sent shockwaves through financial markets. The slide reversed later in the day after President Donald Trump paused tariffs on Mexico for 30 days.

加密货币市场在周一早些时候枯萎，比特币（BTC）的价格从100,000美元降至近91,000美元，因为贸易战的担忧通过金融市场造成了冲击波。唐纳德·特朗普总统在墨西哥停顿了30天的关税后的第二天晚些时候，幻灯片反转。

The solid two-way price action led to margin shortages, resulting in massive liquidations, the forced closure of positions on centralized and decentralized trading avenues. Aave alone processed $210 million in liquidations, its highest single-day tally since the crash of Aug. 5, the data show. More importantly, the protocol avoided taking on new bad debts.

坚实的双向价格行动导致了余量短缺，导致大量清算，在集中和分散的交易途径上强迫关闭职位。数据显示，仅AAVE就处理了2.1亿美元的清算，这是自8月5日崩溃以来的最高单日票房。更重要的是，该协议避免承担新的坏账。

The protocol accrues bad debt when borrowers fail to repay their loans and the collateral provided is insufficient to cover the outstanding amounts. The risk is higher during volatile market conditions, like those on Monday, when steep price declines and low demand hamper the effective liquidation of collateral.

当借款人无法偿还其贷款并且提供的抵押品不足以支付未偿还金额时，该协议会产生坏账。在挥发性市场状况的情况下，这种风险较高，例如周一，当时价格下降且需求较低，妨碍了抵押品的有效清算。

"Liquidations were executed efficiently across the protocol, most of which were performed on the Ethereum Main instance. The robust risk management mechanisms within Aave ensured that the collateralized positions were settled as intended, minimizing protocol losses," Chaos Labs said on X.

Chaos Labs在X上说：“在整个方案中有效执行了清算，其中大多数是在以太坊主要实例上执行的。AAVE内的强大风险管理机制确保了根据预期解决抵押位置的确定，最小化协议损失。”

Aave essentially aced the market's stress test, demonstrating the efficiency of its risk-control measures and liquidation mechanisms. Its existing bad debt even declined by 2.7% due to the drop in the value of the debt assets.

AAVE基本上对市场的压力测试进行了影响，证明了其风险控制措施和清算机制的效率。由于债务资产价值下降，其现有的坏账甚至下降了2.7％。

Pseudonymous DeFi observer leo hailed AAVE's performance as evidence of decentralized finance's strong foundation, which includes "rigorous collateral selection and management through governance, efficient protocol design for liquidations, thick liquidity pools in the ecosystem."

伪偏见的观察者狮子座（Leo）称赞Aave的表现是分散财务的强大基础的证据，其中包括“严格的抵押品选择和通过治理，有效的清算协议设计，生态系统中的较厚的流动性池”。

Impending upgrades like Aave v3.3, v4 and the Umbrella updates indicate a promising future for the DeFi industry, leo said.

Leo说，即将进行的升级升级，例如AAVE v3.3，V4和雨伞更新，这表明Defi行业的未来有前途的未来。

Version 3.3, announced in December, introduces a function to record and clear uncollateralized bad debts from liquidations, allowing Umbrella, an automated debt-management system, to handle risk and lower protocol liabilities. The version also helps control the build-up of so-called dust debt, which are small amounts of debt that are difficult to clear or liquidate due to their negligible value.

第3.3版，于12月宣布，引入了一种功能，以记录并清除清算中的不良坏账，允许自动化债务管理系统的伞形机构处理风险和降低协议负债。该版本还有助于控制所谓的尘埃债务的增加，这些债务是少量的债务，由于其价值微不足道而难以清除或清算。