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ChainCatcher News, according to Coinglass data, in the past 24 hours, the total amount of liquidations across the network reached $424 million, with long positions liquidated for $290 million and short positions for $134 million. Among them, bitcoin long positions were liquidated for $74.7723 million, and bitcoin short positions for $38.679 million; ethereum long positions were liquidated for $58.9715 million, and ethereum short positions for $29.3934 million. In addition, in the past 24 hours, a total of 142,784 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - ETH-USD, valued at $3.9876 million.

ChainCatcher reported that the decentralized lending platform Curvance has announced the completion of a $4 million strategic funding round, led by F Prime Capital and 0xPrimal, with participation from Auros, GSR, Flowdesk, Q42, v3v ventures, and others. The project is positioned as a decentralized lending and collateral platform, supporting collateralization of yield assets such as LST, LRT, stablecoins, Pendle PT, and LP tokens. The team stated that the architecture is self-developed, introducing security designs such as dual oracle pricing, circuit breaker mechanisms, and MEV capture liquidation auctions. The funds from this round will be used for launch, auditing, team expansion, and integration of additional assets.