🏴☠️ #XUSD DeFi-analyst YieldsAndMore mapped the risks associated with Stream Finance's $93 million loss and said that hundreds of millions of dollars in loan and collateral positions could be indirectly affected across lending, stablecoin and liquidity pool networks.
According to YieldsAndMore, Stream's debt spans at least seven networks and includes multiple counterparties such as Elixir, MEV Capital, Varlamore, TelosC and Re7 Labs. Assets associated with Stream's xUSD, xBTC and xETH tokens are re-pledged in the Euler, Silo, Morpho and Sonic protocols, reinforcing the potential spread of risk in DeFi.
According to YieldsAndMore, Stream's debt spans at least seven networks and includes multiple counterparties such as Elixir, MEV Capital, Varlamore, TelosC and Re7 Labs. Assets associated with Stream's xUSD, xBTC and xETH tokens are re-pledged in the Euler, Silo, Morpho and Sonic protocols, reinforcing the potential spread of risk in DeFi.