Your aggregate DeFi risk across chains is invisible to you right now. Here's what that actually means during a cascade.

The article discusses the invisible risk of DeFi across chains, where users' aggregate health factor is not visible, leading to potential liquidations during a cascade. A sequence of events can occur when multiple positions deteriorate simultaneously, triggering liquidation bots and further price drops. This creates a contagion path that can be predictable with the right signals.