Kujira Orca · interactive mechanism simulation

Liquidations fill the bid queue from the smallest requested discount upward — bidders compete on price, not speed. Crash the market to see thin queues cascade into deep discounts.
Borrower collateral position Price oracle health factor: 1.42 Liquidation triggers Bid queue (ORCA) filled: smallest discount first Winning bidder avg discount 3.0% Collateral cleared 0 positions
Liquidations processed
0
Avg fill discount
3.0%
Queue depth (capital)
0 USK
Value saved for borrowers
0 USK
Parameters — edit me
5
3.0%
0.8/s
2000
Controls

Illustrative simulation. Defaults mirror the researched ORCA mechanism (ascending-discount bid queue, smallest-discount-fills-first, thin liquidity risk during crashes), but position sizes and timing are randomized for visualization — not live onchain data. Part of The Onchain Experiment Atlas.