Analyst: Stream Finance $93 Million Loss Could Lead to Over $285 Million Risk Exposure
BlockBeats News, November 4th, independent DeFi analyst YieldsAndMore has identified a risk exposure network related to the $93 million loss in Stream Finance. In the lending market, stablecoin, and liquidity pool networks, there are hundreds of millions of dollars in loans and collateral positions that may be indirectly impacted.
It is estimated that the total debt related to Stream (excluding derivative stablecoin indirect exposure) is approximately $285 million. Among them, TelosC ($123.6 million), Elixir ($68 million), and MEV Capital ($25.4 million) are the most significant. The team stated that the loss is substantial, the resolution method is unclear, and there may be more stablecoins and liquidity pools affected. The research results show that the largest single risk exposure belongs to Elixir's deUSD, which lent $68 million USDC to Stream, accounting for approximately 65% of deUSD's total reserves. Elixir stated that its held position has the "full dollar redemption right," but according to YieldsAndMore's post on Platform X, the Stream team has informed creditors that repayment will be suspended until legal review is completed. (The Block)
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