Elixir deUSD (DEUSD)

"There was one incident where some creator was lending against Stream Finance or Elixir, which are two DeFi protocols.

Stream Finance was giving money to someone who was using this capital to leverage, quite risky strategies, in exchange for a very high yield (about 30%). And Elixir, which is a DeFi stablecoin, was exposed to Stream Finance.

So Stream Finance lost $80 million...

The main issue was that the price of deUSD went from $1 to almost nothing."

- Sebastien discussing the Elixir bankruptcy case

https://t.co/Oz2QcqBBDo

Wow, this $deUSD stablecoin imploded to 0 in two days and exposed some issues with my data system lol. aka how to handle a coin going to 0 so fast.

We need truly decentralize stablecoin more than ever! None of these stables are decentralized. $DGB #DigiDollar will fix this!

Using @Surf_Copilot
Summarized some recent explosive trading pairs on Pendle

deUSD / sdeUSD — already collapsed and retired.
xUSD — triggered by the Stream Finance event, severely depegged.
USDX — heavily depegged (to about $0.59) and triggered forced liquidation.
"PT/YT-sUSDe", "PT/YT-USDe" — closing or affected on July 31, 2025.
"splUSD / wstkscUSD / wstkscETH" — related to the Stream event, currently in liquidation.

🧮 USDC Silo series
USDC Silo‑Varlamore — stable, no major incidents.
USDC Silo‑Greenhouse — same.

USDC Silo‑Apostro — experienced liquidity depletion (Nov 4 dropped from about $2 M to $0.377 M).