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TheBlock 2022-12-05 18:22:49

Rapid Insights: Auros’ Uncollateralized DeFi Loans

Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. The fallout of FTX has caused an industry-wide credit crunch which has negatively impacted many market participants Auros, a digital asset market maker, has recently defaulted on one of its DeFi loans of $3M on Maple Finance The missed payment comes amidst rumors of Auros’ exposure to FTX, indicating the likelihood of Auros’ liquidity problems Auros’ DeFi positions also indicate the likelihood of undisclosed CeFi positions which may spell further trouble for the firm

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