DeFi Market Update: $285M in Exposure Identified Following Stream Finance Collapse

DeFi Market Update: $285M in Exposure Identified Following Stream Finance Collapse

By Crypto Economy
TL;DR Analysts estimate that debt related to Stream Finance totals $285 million. The exposure affects multiple DeFi protocols due to the use of rehypothecated synthetic assets (xAssets). The collapse adds to recent Balancer and Moonwell exploits, draining value from DeFi.

Article Details

Market Sentiment
Negative
Category
general
Reading Time
1 min
Article Type
Article

Additional Information

Read the Full Article

Continue reading this article on Crypto Economy

Read Full Article

Source: Crypto Economy

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights