The post $284M In DeFi Loans And Stablecoin Risk Traced To Stream Finance appeared on BitcoinEthereumNews.com. 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 highlighted the extent of the fallout. Exposure loops involving Elixir’s deUSD, Treeve’s scUSD and other assets suggested that at least $284.9 million in overall debt is owed to lenders across various markets. This excludes indirect exposure via secondary vaults and other lending strategies.  According to the post, DeFi funds and curators included TelosC, Elixir, MEV Capital, Varlamore and Re7 Labs. The post showed that TelosC has about $123 million in material exposure, while Elixir lent $68 million to Stream, which is estimated to be 65% of its stablecoin backing.  Source: Elixir YAM said more vaults and stables were “likely affected”  Elixir claimed to have contractual redemption rights at $1 per deUSD. However, Stream Finance reportedly said that the repayment must wait until lawyers determine “who is owed what.” The findings reinforce existing concerns about transparency in the DeFi ecosystem’s high-yield infrastructures. The protocols involved had layered exposures through lending markets and derivative stablecoins, making it difficult to pinpoint who ultimately bears the losses.  “This is not an extensive list; there likely are more stables/vaults affected, and the information presented here is not guaranteed to be accurate,” YAM wrote.  Related: Crypto sentiment nosedives to ‘extreme fear’ as Bitcoin drops under $106K Stream Finance’s $93 million loss  The exposure map follows Stream Finance’s announcement that it had paused deposits and withdrawals after finding a $93 million loss attributed to an external fund manager.  The project stated… The post $284M In DeFi Loans And Stablecoin Risk Traced To Stream Finance appeared on BitcoinEthereumNews.com. 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 highlighted the extent of the fallout. Exposure loops involving Elixir’s deUSD, Treeve’s scUSD and other assets suggested that at least $284.9 million in overall debt is owed to lenders across various markets. This excludes indirect exposure via secondary vaults and other lending strategies.  According to the post, DeFi funds and curators included TelosC, Elixir, MEV Capital, Varlamore and Re7 Labs. The post showed that TelosC has about $123 million in material exposure, while Elixir lent $68 million to Stream, which is estimated to be 65% of its stablecoin backing.  Source: Elixir YAM said more vaults and stables were “likely affected”  Elixir claimed to have contractual redemption rights at $1 per deUSD. However, Stream Finance reportedly said that the repayment must wait until lawyers determine “who is owed what.” The findings reinforce existing concerns about transparency in the DeFi ecosystem’s high-yield infrastructures. The protocols involved had layered exposures through lending markets and derivative stablecoins, making it difficult to pinpoint who ultimately bears the losses.  “This is not an extensive list; there likely are more stables/vaults affected, and the information presented here is not guaranteed to be accurate,” YAM wrote.  Related: Crypto sentiment nosedives to ‘extreme fear’ as Bitcoin drops under $106K Stream Finance’s $93 million loss  The exposure map follows Stream Finance’s announcement that it had paused deposits and withdrawals after finding a $93 million loss attributed to an external fund manager.  The project stated…