Jupiter Lend Under Stress: Analyzing the October 10 Liquidation Event
On October 10, 2025, U.S. President Donald Trump announced that the U.S. would impose an additional 100% tariff on Chinese imports. This announcement was followed by a rapid market selloff: over the course of October 10, the price of ETH fell as much as 12% and SOL fell as much as 24%. The wave of selling ultimately triggered $19B in liquidations across derivative markets. But how did this affect other venues that offer leverage, like credit markets? ...