Exit depth / JitoSOL/SOL 91.5%

Market · Morpho Blue on Base · snapshot 2026-11-14 21:23 UTC

JitoSOL / SOL 91.5%

loss from $200k pegged pair

Selling $200k of JitoSOL costs 19.2%, more than the 2.6% bonus: a single liquidation of that size loses money; it has to be split across blocks. Up to $25k the sale costs 1.4% and clearance stays positive.

borrowed

$595k

in this market; LLTV (liquidation loan-to-value) 91.5%

liquidation bonus

2.6%

fixed by the LLTV

clearing size

$25k

largest measured size with positive clearance

clearance at $1M

<-47 pp

bonus minus exit cost, all sources

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Exit cost against the bonus

Clearance by size

Source: KyberSwap Aggregator API, Morpho API · snapshot 2026-11-14 21:23 UTC

Solid line: best route, all sources including RFQ market makers (a square marks a loss). Dashed line, diamonds: on-chain pools only, drawn where it differs. Hatched: the sale costs more than the bonus. Three sizes are measured; the lines between them are a guide, not a measurement. A diamond on the top edge is off the scale; its value is written next to it.

Exit cost and clearance by sale size
Sale	All sources	Clearance	On-chain only	Clearance	Status
$25k	1.4%	+1.2 pp	0.0%	+2.6 pp	clears
$200k	19.2%	-16.6 pp	16.2%	-13.6 pp	loss
$1M	>50%	<-47 pp	>50%	<-47 pp	loss

Clearance: bonus minus exit cost, in percentage points (pp). Positive - room for a liquidator; negative - a single liquidation of that size loses money and has to be split across blocks. Terms.

Venues

Where the sale goes

$25k

uniswapv3 64%pancake-v3 36%

uniswapv3 64% AMM pool · pancake-v3 36% AMM pool · RFQ share 0%

$200k

uniswapv3 95%

uniswapv3 95% AMM pool · pancake-v3 5% AMM pool · RFQ share 0%

$1M

uniswapv3 100%

uniswapv3 100% AMM pool · RFQ share 0%

AMM poolRFQ market maker (pmm-N: numbered by the aggregator)market-maker pool or vault

Share of the collateral each venue takes on the route's first hops (out of JitoSOL); later hops, such as WETH into USDC, are not shown. pmm-N are RFQ (request for quote) market makers KyberSwap identifies only by number.

Collateral near liquidation

Positions close to liquidation

Pegged pair. JitoSOL and SOL track each other, so the health factor follows the peg, not the market price. At a 91.5% LLTV positions sit close to liquidation as a matter of course; they move only if the peg or the exchange rate slips.

health factor below 1.1

$667k

within 10% of liquidation - normal for a pegged pair

between 1.1 and 1.25

$1.6k

within 10-20% of liquidation

health factor below 1.25

$669k

within 20%, includes the 10% band

Collateral of the market's positions by health factor (Morpho API). It is spread over positions of different sizes; a large position is liquidated in parts across blocks, which this site does not measure.

Liquidations

This pair, last 30 days

JitoSOL/SOL is not among the 10 pairs with the most liquidation bonus over the last 30 days. Liquidations.

For curators

Curate or supply this market?

A review measures JitoSOL/SOL 91.5% at the sizes of your own positions, adds a 10% and a 20% fall in the price and shows the venue split. The first one is free and private to you.

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Cite

Cite or quote this market

Cite as: Underkeel, Clearance v2, JitoSOL/SOL 91.5% on Morpho Blue, Base, snapshot 2026-11-14T21:23Z, data sha256 81b87af3. https://underkeel.xyz/markets/jitosol-sol-91-5.html

Quote this: Underkeel (Clearance v2, snapshot 2026-11-14 21:23 UTC): selling $200k of JitoSOL into SOL costs 19.2% against a 2.6% liquidation bonus on JitoSOL/SOL 91.5% on Morpho, Base - clearance -16.6 pp; clearing size $25k. One liquidation in one transaction. https://underkeel.xyz/markets/jitosol-sol-91-5.html

Raw data: data/exit-depth.json; how it is measured: Method; how to cite: Method.