I’ve been tracking my own positions on Nolus, but the latest August report really puts things into perspective.
- 2.2m NLS bought back in one month. That’s real commitment to the token.
- <3% of positions liquidated. The partial liquidation model is working as intended.
- 72% of traders ended up profitable. Not bad in a market that’s been swinging hard.
- + $1.8m realized gains overall.
- And for those looking to just park stablecoins: 12% APY on USDC.
For me, the highlight is the liquidation figure. Less than 3% liquidated is basically proof that Nolus’s Position Health system makes it harder to get wiped out in one move. I’ve seen enough chaos across DeFi to appreciate that kind of design.
It’s one thing to talk about safety, it’s another to post numbers like this.
https://www.coingecko.com/en/coins/nolus