Analyst: Stream Finance $93 Million Loss Could Lead to Over $285 Million Risk Exposure

On November 4th, the independent DeFi analyst YieldsAndMore has detected a risk exposure network that is associated with the $93 million loss in Stream Finance. Within the lending market, the stablecoin and liquidity pool networks hold hundreds of millions of dollars in loan and collateral positions that could potentially be indirectly affected. 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) stand out as the most significant. The team has pointed out that the loss is considerable, the resolution method remains unclear, and there may be more stablecoins and liquidity pools that will be affected. The research findings indicate that the largest single risk exposure belongs to Elixir's deUSD, which has lent $68 million USDC to Stream, accounting for approximately 65% of deUSD's total reserves. Elixir has stated that its held position has the "full dollar redemption right." However, according to YieldsAndMore's post on Platform X, the Stream team has informed creditors that the repayment will be suspended until the legal review is completed. (The Block)