First Balancer… and now Stream Finance just pulled the brakes.
They’ve paused all withdrawals & deposits after an external fund manager reported a $93M loss. Yep — that’s a bighole.

And it doesn’t stop there 👀

At the same time, Moonwell got hit with an oracle manipulation attack, losing around $1M. Not huge by DeFi rug-scale standards, but still not what you wanna see in this market.

What’s freaking people out isn’t just the losses themselves — it’s the web of exposure.
Analysts point out that Stream’s xUSD, xBTC, and xETH assets were rehypothecated across multiple protocols like Euler, Silo, Morpho, Sonic, etc.

In simple terms?
The same assets were being used again and again across DeFi Lego blocks 🧱🧱🧱 — and when one piece breaks, the whole tower shakes.

So that $93M loss might actually be tied to over $285M in broader exposure.
Contagion vibes, anyone? 😨

Another day in DeFi, another reminder: if yield looks too good to be true, it probably involves someone borrowing your collateral to borrow someone else’s collateral to… yeah 😅

Curious — are you folks still farming, or sitting in stables watching the fireworks?
👇 Drop your strategy below. Are we:

🧘‍♂️ Staying Zen & holding?
🏃‍♂️ Running to USDC & T-bills?
🎭 Popcorn mode 🍿 just observing?

Let's talk 👇