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DeFi Platform Elixir Halts Support for deUSD After Stream Finance’s $93M Loss
Yahoo Finance·2025-11-07 15:08

Decentralized finance liquidity provider Elixir has suspended support for its synthetic stablecoin deUSD following the fallout from Stream Finance’s 93millionlossearlierthisweek.KeyTakeaways:ElixirhaltedsupportforitsdeUSDstablecoinfollowingStreamFinances93 million loss earlier this week. Key Takeaways: Elixir halted support for its deUSD stablecoin following Stream Finance’s 93 million loss, which caused deUSD to crash to 0.015.Streamsleveragedexposure,with0.015. Stream’s leveraged exposure, with 68 million owed to Elixir, triggered the 90% plunge of its own XUSD stablecoin. Balancer suffered a $128 million exploit but managed to rec ...