Onchain Liquidation Proofs

Onchain proofs that each liquidation followed the engine’s rules and executed safely.

To ensure trust-minimization, Multiply publishes liquidation proofs onchain via an oracle.

Each liquidation proof contains:

• position ID

• timestamp

• liquidation price

• venue price data used at time of liquidation

• signature verifying internal hedge unwind completion

This allows:

• terminals to verify that a liquidation event was valid and deterministic

• users to audit liquidation conditions independently

• third-party risk monitors to track solvency performance in real time

The oracle stream acts as a public audit trail for all enforced liquidations.