loading…

rsETH slashing scenarios

Simulate instant rsETH price drops and inspect protocol-wide and per-user exposure. Snapshot block 25,321,807, 31m ago. Oracle prices: rsETH $1.8k, ETH $1.7k.

Check a specific address

Paste any Aave V3 user address to see their per-scenario post-slash HF, ETH top-up to restore HF = 1, realized loss, and liquidation penalty.

Address
0x919cd69bdcc80b0a1077a0704be98c5209bf9b03
Collateral / Debt
$5.32M / $4.94M
HF (pre-slash)
1.023
rsETH supply
$5.32M
rsETH borrow
$0
eMode
rsETH__ETH_wstETH_ETHx (#3)
WETH LT (user)
83.0%
ScenarioHF preHF postLiquidatableTop-up (ETH)Top-up (USD)Realized lossEquity loss %PenaltyBad debt
rsETH −1%1.0231.013no0$0$53.2k14.04%$0$0
rsETH −3%1.0230.992yes27.171$46.6k$159.7k42.12%$24.7k$0
rsETH −5%1.0230.972yes98.158$168.5k$266.2k70.20%$24.7k$0
rsETH −10%1.0230.921yes275.624$473.2k$532.4k100.00%$49.4k$200.6k
rsETH −15%1.0230.869yes453.091$777.9k$798.6k100.00%$49.4k$464.2k

Protocol-wide aggregate

Across all 201 users with rsETH supply or debt on Aave V3.

ScenarioLiquidatable usersBad-debt usersTotal MtM lossTotal equity wipeTotal top-up (ETH)Total top-up (USD)
rsETH −1%21 / 2019$7.89M$7.89M0$0
rsETH −3%30 / 2019$23.68M$23.68M621.53$1.07M
rsETH −5%39 / 20110$39.47M$39.47M7,502$12.88M
rsETH −10%45 / 20130$78.94M$78.93M32,936.65$56.55M
rsETH −15%47 / 20134$118.41M$118.40M58,984.89$101.27M

Top users per scenario

Ranked by realized loss (USD) and by ETH top-up needed to reach HF = 1. Click an address to load their per-scenario results.

Top users by realized loss (USD)
UserHF postLossBad debt
0xcdfa…9c890.983$10.44M
0xf746…30100.98$6.92M
0x40e9…aba81.002$5.60M
0x973d…16830.979$3.65M
0x7550…4e600.998$2.97M
0xd849…562d0.972$2.45M
0xa122…e7c60.991$1.92M
0x8cb0…0f6e0.992$1.28M
0x537c…6d540.962$1.01M
0xba5d…a3520.97$904.5k
Top users by top-up required (ETH)
UserHF postTop-upBad debt
0xcdfa…9c890.9832,269.123 ETH
0xf746…30100.981,828.482 ETH
0x973d…16830.979970.539 ETH
0xd849…562d0.972877.489 ETH
0x537c…6d540.962512.303 ETH
0xba5d…a3520.97355.107 ETH
0xa122…e7c60.991222.352 ETH
0x8cb0…0f6e0.992132.523 ETH
0x9074…c0a90.9999.507 ETH
0x919c…9b030.97298.158 ETH

Methodology

  1. rsETH is stressed in isolation. Correlated LRTs (weETH, ezETH, pufETH, etc.) are NOT stressed in these scenarios. [1]
  2. ETH / WETH price is held constant at the snapshot oracle value. [2]
  3. rsETH's Aave oracle uses a rate-capped adapter (CAPO-style). On-chain slashing transmission is therefore bounded; this tool simulates raw percentage drops of the reported oracle price. [3]
  4. Post-shock health factor uses eMode-adjusted liquidationThreshold pulled from live reserve params. [4]
  5. Aave V3 close factor: 50% when post-shock HF ≥ 0.95, else 100%. [5]
  6. ETH top-up is the WETH deposit (at current oracle ETH price, using WETH's effective LT under the user's eMode) that raises Σ(collateral × LT) / Σ(debt) to exactly 1.0.
  7. Leverage-adjusted realized loss = Δ(collateral USD) − Δ(rsETH-denominated debt USD), expressed as a fraction of pre-shock equity (collateral − debt).
  8. Bad debt is estimated as the shortfall between post-shock debt and the maximum recoverable collateral value given the user's weighted liquidation bonus.
References
  1. rsETH is the reference asset under stress; other LRTs held constant per task spec.
  2. WETH/ETH price held constant at snapshot oracle value.
  3. Aave rsETH oracle uses a rate-capped price adapter (CAPO-style).
  4. Aave V3 GenericLogic eMode: category LT overrides asset LT when asset is a category collateral.
  5. Aave V3 LiquidationLogic close-factor rule: 0.5 when HF ≥ 0.95, else 1.0.