Total Deposited 3.25M USD 1,245.82 rETH
Total Borrowed 1.84M USD 1,842,500 CHERRY
CHERRY Price 1 USD 0.0004 ETH
rETH Price 2,608.14 USD 1.0420 ETH
New rETH Safe
rETH
CHERRY
Liquidation Price -- CHERRY
Minting Fee (0.5%) -- ETH
rETH
Current Collateral -- rETH
Liquidation Price -- CHERRY
rETH
Available to Withdraw -- rETH
Liquidation Price -- CHERRY
CHERRY
Current Debt -- CHERRY
Liquidation Price -- CHERRY
Minting Fee (0.5%) -- ETH
CHERRY
Current Debt -- CHERRY
Liquidation Price -- CHERRY
Close & Withdraw All
CHERRY Balance -- CHERRY
Debt to Repay -- CHERRY
Collateral to Return -- rETH

Liquidations & Redistribution

When a Safe's collateral ratio drops below 125%, anyone can liquidate it. The caller receives 2% of the collateral as compensation. The remaining 98% of collateral and 100% of debt are redistributed proportionally to all active borrowers of the same collateral type, based on their collateral weight.

Net effect on your Safe

Redistributions are applied lazily. Your Safe absorbs its share the next time you interact with it (deposit, withdraw, borrow, repay, or close), or when anyone calls refreshSafe on your behalf. Both your collateral and debt will increase, and your collateral ratio will decrease. If a liquidation happens late, the absorbed debt may exceed the collateral gained. Pending redistributions are always included in CR checks, so your Safe can become liquidatable from accumulated redistribution debt even before refreshing.

rETH

Rocket Pool ETH

No Safe open

Collateral Ratio
100300
176
Min Collateral Ratio 125%
Total Collateral Ratio 176%
Borrow Rate 1.8%
Premium 0.9%
Default 1.8%
Low Reserve 2.4%
Recovery 3.6%
Oracles Healthy