MakerDAO's two major ETH positions are on the verge of liquidation: liquidation prices are $1,786 and $1,805, and the OSM mechanism may mitigate risks

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According to defillama data, MakerDAO (now renamed Sky) has two ETH large positions near liquidation, with liquidation prices of $1786 (approximately $115 million) and $1805 (approximately $109 million). It is worth noting that due to MakerDAO's Oracle Security Module (OSM), even if market prices briefly fall below these liquidation points, these positions will not be immediately liquidated because the system collects data from multiple authorized price feeds, calculates the median price through the Medianizer contract as a reference price (rather than the instant market price), and applies it with a delay of about 1 hour to prevent short-term volatility from being exploited. It is understood that the former position was almost liquidated during the major drop on March 11, but through its unique price oracle mechanism, it avoided liquidation by immediate repayment and adding collateral; the latter position has had no related operations for nearly 5 months.

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