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We are aware of the recent disclosure regarding a $93M shortfall in the Stream Finance ecosystem. MEV Capital is providing this update regarding curated markets and products exposed to Stream Finance assets.
TL;DR: MEV Capital’s actively managed vaults (Midas, Upshift, Mellow, Symbiotic) and lending markets on mainnet L1 have no direct exposure to Stream Finance assets. The exposure is contained to 4 permissionless lending markets and 1 vault deployed across three L2 chains, namely: Silo Vault - xBTC, xUSD (Avalanche), Euler Cluster - xUSD (Sonic), and Morpho Vault - xUSD (Arbitrum) - where MEV Capital provides venues for borrowers and lenders to Stream Finance assets.
List of vaults and lending markets curated by MEV Capital impacted by Stream Finance shortfall:
- Silo (Avalanche) USDC Vault
Current allocation to xUSD market: $7.2M USDC, LLTV: 89%
- Silo (Avalanche) BTC.b Vault
Current allocation to xBTC market: 164.3 BTC.b, LLTV: 89%
- Morpho (Arbitrum) USDC Vault
Current allocation to xUSD market: $628K USDC, LLTV: 91.5%
- Euler (Sonic) USDC Cluster
Current deposits: $3.4 M USDC, LLTV: 91.5%
- Euler (Sonic) scUSD Market
Current deposits: $7.02M scUSD, LLTV: 91.5%
MEV Capital vaults status:
https://t.co/wXAWbYmKJo
Current actions:
- Our AM team updated exposed Market parameters to contain the situation and limit any direct or indirect exposure to Stream Finance assets out of current chains and markets
- Our Legal team has reached out to Stream Finance’s legal counsel to address Stream's borrowing positions in the curated vaults & markets exposed to Stream’s assets.
- Our BD team is reaching out with protocols & chains representatives for further actions on exposed lending markets to coordinate exposure limitations and action plans.
- Our Technical team is tracking any developments from Stream Finance’s activity and associated protocols directly and indirectly exposed to Stream Finance’s assets.
We continue collecting information to assess potential outcome for lenders exposed to Stream Finance assets, most of it will depend on Stream Finance's decisions to clarify the current reserve situation. We will continue to monitor and adjust our lending market parameters, we keep the situation isolated from other vaults while the situation evolves.
MEV Capital team is aware of the Balancer exploit incident and wants to confirm that Midas mMEV and mevBTC vaults had no exposure to Balancer v2 and are not affected.
MEV Capital confirms that the underlying assets in investment vehicles and curated vaults remain unaffected by yesterday’s volatility; there is no bad debt on any of the vaults.
🚨 Proof of Liquidity @Token2049 🚨
Oct 1 | 3–8pm | Singapore
Co-hosted with @MEVCapital@Upshift_Fi@bluefinapp@theTNetwork — an invite-only room for LPs, protocols & vault builders.
Spots Limited, RSVP → https://t.co/5z00TV5JXc
Silo v2 is live as the first risk-isolated lending protocol on @avax, unlocking yield and leverage options for RWAs and yield-bearing assets.
3 vaults by @MEVCapital are now live, supporting 10 isolated markets with dual incentives from Avalanche Foundation and Silo Labs.
👇
The Vault Lounge lands in Cannes on July 2nd 🏝️
A DeFi-focused evening for the ones who actually power it.
@MEVCapital & Partners are hosting a side-event during @EthCC this summer to emphasize the contributions of Protocols builders, Restaking providers, Vault curators, and DeFi-power users.
The event will gather 250 invitees, sharing insights and discussing the latest DeFi innovations.
With courtesy of @symbioticfi@mellowprotocol@krakenfx@inkonchain@MidasRWA@Hyve_DA@0xcatalysis@zerolendxyz@InceptionLRT@nodeinfra@TermMaxFi & friends.
DeFi summer loading ⚙️
🇫🇷 RSVP: https://t.co/eRVckMinaI
We are delighted to announce @Krakenfx as Event partner to the @MEVCapital Vault Lounge this summer.
On side of EthCC[8], a private gathering of DeFi’s core builders, backers and decision-makers for an evening in Cannes.
Up to 250 invitees.
🇫🇷 RSVP: https://t.co/lYhp7YLJf4
Ever wondered how great things would be if you had the expertise to invest like those investment firms? Wonder no more!
With our latest RWA additions from @MidasRWA, you'll be able to track the yield strategies of @MEVCapital and @EdgeCapitalMgmt:
• USD (Midas mMEV) 31 Jul 2025
• USD (Midas mEDGE) 31 Jul 2025