Stream Finance: $284M Risky Loans Unveiled After Major DeFi Collapse

Following the collapse of Stream Finance, which saw its assets worth $93 million plummet, a new investigation has revealed a staggering amount of risky loans. Decoded by DeFi researchers, this debt totaling $284 million has significantly impacted multiple major DeFi platforms as of November 5th, 2025. This reveals the potential for systemic risks in the decentralized finance (DeFi) sector, particularly concerning complex rehypothecation and liability chains. These concerns arise as various protocols linked to Stream Finance – including Euler, Silo, and Morpho – face substantial exposure, further raising the alarm about instability within this ecosystem.