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SuiLend: Closely following Stream Finance's huge losses, Elixir has been contacted to request loan repayment

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2025-11-04 14:43:55
Sui ecological lending agreement Suilend posted on the X platform that it is closely monitoring the huge loss of Stream Finance. It is reported that the single risk exposure of its 93 million US dollar loss belongs to Elixir's deUSD, which lends 68 million US dollars of USDC to Stream, accounting for about 65% of the total reserves of deUSD.
SuiLend added that the top-up and withdrawal functions of the Elixir market on its platform have been suspended, and the Elixir team has been contacted to request loan repayment. Suilend's other lending markets have not been affected and remain safe.
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