{
  "schema_version": 1,
  "window_start": "2026-05-11T00:07:27Z",
  "window_end": "2026-08-09T00:07:27Z",
  "window_days": 90,
  "source": "https://blue-api.morpho.org/graphql",
  "liquidation_events": 23171,
  "markets_with_liquidation": 461,
  "distinct_liquidators": 672,
  "chains": [
    "Arbitrum",
    "Base",
    "Ethereum",
    "HyperEVM",
    "Katana",
    "Monad",
    "OP",
    "Polygon",
    "Robinhood",
    "Tempo",
    "Unichain",
    "World"
  ],
  "single_liquidator_markets": 247,
  "single_liquidator_pct": 53.6,
  "open_borrow_single_liquidator_naive_usd": 4373413580,
  "open_borrow_single_liquidator_counted_usd": 327657848,
  "excluded_markets": 98,
  "exclusion_rule": "counted only where Morpho prices the collateral asset AND does not flag the market bad_debt_unrealized at RED",
  "bad_debt_incidence_thin_pct": 24,
  "bad_debt_incidence_thick_pct": 16
}