Tag Archives: Gauntlet

Compound Resumes Withdrawals from USDC USDS Markets

Compound Resumes Withdrawals from USDC USDS Markets

Compound Finance, the decentralized crypto lending platform, has partially unfrozen its stablecoin markets, allowing withdrawals from two of the three markets that were suspended yesterday. The freeze occurred after risk manager Gauntlet detected a liquidity squeeze linked to Elixir’s deUSD ecosystem, raising concerns about market stability. While some users can now access their funds, the incident highlights the inherent risks …

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