Key Notes

Stream's xUSD vault grew to $400M with suspicious flat 15% yields, suggesting manually set returns rather than organic market performance.

Outstanding loans worth $285M across Euler, Silo, and Morpho protocols are backed by Stream's collateral tokens xUSD, xBTC, and xETH.

Elixir Network faces severe exposure with $68M USDC lent to Stream, representing 65% of its deUSD stablecoin backing and raising depeg risks.

DeFi platform Stream Finance suspended all withdrawals and deposits on Nov. 3 after an external fund manager disclosed a loss of approximately $93 million in company assets. The platform retained attorneys Keith Miller and Joseph Cutler of law firm Perkins Coie LLP to investigate the incident.

Stream Finance announced in a Nov. 3 statement that it is withdrawing all l

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