Unified Liquidation Intelligence

One intelligence layer
for every liquidation.

Mevryx normalizes risk models, tracks oracle feeds, and ranks liquidation opportunities across Aave, Compound, Euler, and Morpho — the shared infrastructure every searcher would otherwise rebuild alone.

$1.8B+
Cumulative liquidation MEV on Ethereum, to mid-2025
$28B+
TVL across our four covered protocols
$40–60M
Liquidation MEV captured per month on Ethereum
<1%
Euler bonus at near-threshold health — margins are thin

The problem

DeFi lending protocols hold over $28B in outstanding loans across four major venues. When positions go underwater, any third party can repay the debt and seize collateral at a discount, collecting the liquidation bonus. This is a real, continuous, on-chain opportunity.

But capturing it across protocols means bespoke smart-contract integrations for each — different risk models, oracle feeds, and liquidation mechanics. Most searchers cover Aave only and leave the rest on the table, not for lack of strategy but because integration cost outweighs the return from any single added protocol. Euler V2 and Morpho Blue alone hold over $7.7B in TVL, and stay materially under-covered.

The core insight

The work of normalizing risk models, tracking oracle feeds, and ranking opportunities is identical for every searcher. It belongs at the infrastructure layer — done once, not duplicated across every private codebase. We build that layer and surface it as a product.

The oracle-lag edge

Chainlink feeds update on a 0.5% deviation threshold or a heartbeat, whichever comes first — and LST feeds (stETH, cbETH, rETH) carry a 24-hour heartbeat. Between triggers, on-chain prices go stale while real market prices keep moving.

ETH drops 0.4% on Binance. Chainlink hasn't triggered. On-chain health factor reads 1.05, appearing safe. Real health factor at market price is 0.96 — the position is liquidatable now.

Mevryx surfaces this window. Competing systems that read on-chain state alone do not.

Protocol coverage

ProtocolTVLCoverage
Aave V3~$13.7BHigh
Compound V3~$1.2BModerate
Euler V2~$345MLow
Morpho Blue~$7.4BLow

TVL: DeFiLlama. MEV figures: Flashbots cumulative data, mid-2025.

What we deliver

REST APINormalized ranked feed, all four protocols
WebSocketSub-500ms push, new at-risk positions live
Health scoreUnified 0-to-1 score across every risk model
Oracle lagCEX vs on-chain divergence, hidden opps flagged
Profit rankNet profit: bonus × collateral minus gas
DashboardReal-time table, filters, full breakdown

Status

Working MVP live across all four protocols

Real-time health-score normalization, oracle-lag detection, and profitability ranking are operational today. The dashboard, REST feed, and WebSocket push are running against live mainnet positions.

The oracle is slow. You don't have to be.

See every at-risk position, ranked by net profit, before it's technically liquidatable.

Open DashboardRead docs →
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