24-hour liquidation data tells a clear story: A) In the past 24 hours, nearly half of the liquidations occurred on Hyperliquid. B) As Jeff pointed out, CEX liquidations are not reported in real time and are often severely underreported or even falsely reported. C) No matter how volatile the market, @protocol_fx remains the liquidation terminator. Liquidation is not fate; it's a design choice. What do you think? Just use @protocol_fx.