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Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance
Yahoo Finance· 2025-11-07 16:04
Stream Finance's recent disclosure of a default and $93 million loss, combined with October's $20 billion crypto crash, has left digital-asset lenders scrambling to unwind risk while keeping credit lines robust, according to a new note from Flowdesk. Flowdesk says leverage is getting reduced as traders reassess counterparties, but credit hasn’t frozen. Borrowing demand for SOL, XLM, ENA, APT and BTC remains “robust,” Flowdesk wrote, mostly tied to hedging and funding strategies rather than directional bet ...