DeFi sleuths trace $284M in loans and stablecoin risk linked to Stream Finance
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3 Articles
$284M In DeFi Loans And Stablecoin Risk Traced To Stream Finance - Invest In Crypto News
Decentralized finance (DeFi) researchers mapped out more than $284 million in stablecoin exposure and outstanding loans linked to Stream Finance, following the protocol’s collapse. On Tuesday, a detailed post by DeFi group Yields and More (YAM) flagged dozens of lending markets and vaults, including platforms Euler, Silo, Morpho and Gearbox, that held positions connected to Stream’s synthetic assets, which include xUSD, xBTC and xETH. The data…
Key points of the news Analysts estimate that the debt related to Stream Finance amounts to $285 million. The exposure affects multiple DeFi protocols by the use of reused synthetic assets (xAssets). The collapse adds to the recent exploits of Balancer and Moonwell, draining the value of DeFi. DeFi independent analysts mapped a complex exposure network linked to the loss of $93 million of Stream Finance, revealing a related total debt amounting …
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