PANews reported on November 4 that Sui ecosystem lending protocol Suilend posted on the X platform that it is closely monitoring the massive losses of Stream Finance. It is understood that the largest single risk exposure of its $93 million loss is Elixir's deUSD, in which the protocol lent $68 million USDC to Stream, accounting for about 65% of the total deUSD reserves. SuiLend added that deposits and withdrawals to the Elixir marketplace on its platform are currently suspended, and the company has contacted the Elixir team to request loan repayments. SuiLend's other lending marketplaces remain unaffected and safe. According to previous reports , analysts said that Stream Finance's $93 million loss could result in a risk exposure of more than $285 million.PANews reported on November 4 that Sui ecosystem lending protocol Suilend posted on the X platform that it is closely monitoring the massive losses of Stream Finance. It is understood that the largest single risk exposure of its $93 million loss is Elixir's deUSD, in which the protocol lent $68 million USDC to Stream, accounting for about 65% of the total deUSD reserves. SuiLend added that deposits and withdrawals to the Elixir marketplace on its platform are currently suspended, and the company has contacted the Elixir team to request loan repayments. SuiLend's other lending marketplaces remain unaffected and safe. According to previous reports , analysts said that Stream Finance's $93 million loss could result in a risk exposure of more than $285 million.
SuiLend: Closely monitoring the massive losses at Stream Finance, and has contacted Elixir to request loan repayment.
PANews reported on November 4 that Sui ecosystem lending protocol Suilend posted on the X platform that it is closely monitoring the massive losses of Stream Finance. It is understood that the largest single risk exposure of its $93 million loss is Elixir's deUSD, in which the protocol lent $68 million USDC to Stream, accounting for about 65% of the total deUSD reserves.
SuiLend added that deposits and withdrawals to the Elixir marketplace on its platform are currently suspended, and the company has contacted the Elixir team to request loan repayments. SuiLend's other lending marketplaces remain unaffected and safe.
According to previous reports , analysts said that Stream Finance's $93 million loss could result in a risk exposure of more than $285 million.
Market Opportunity
Streamflow Price(STREAM)
$0.01316
$0.01316$0.01316
USD
Streamflow (STREAM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Powell Reiterates Fed’s Dual Mandate as Rate Strategy
Detail: https://coincu.com/markets/powell-clarifies-fed-dual-mandate/
Share
Coinstats2025/09/18 09:41
The Great Rotation: How Capital is Pumping Defensive Sectors While Dumping Tech Stocks
TLDR: Large-cap tech stocks have dumped back to September 2025 levels despite new highs in defensive sectors. Energy, utilities, and consumer staples pump to record
Share
Blockonomi2026/02/15 23:20
From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x
The post From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x appeared on BitcoinEthereumNews.com. They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley! So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit…
Share
BitcoinEthereumNews2025/09/19 02:51