David Watsons

@euler_mab Please give us update on the Re7 Lab USDT, USD1 Vault， people has lost millions of money...

The first reason here seems ludicrous and manufactured. The other two seem more philosophically sound. But overall feels petty and looks like another massive own goal for the EU.

我的2900美金在OKX钱包的Defi理财无法赎回，该项目写明低风险，并且OKX提高奖励金利息，吸引客户买入，必须为此事负责。 @eulerfinance @k3_capital @okxchinese @wallet @star_okx #DEFİ #usdt

UPDATE: Morpho Worldchain sdeUSD positions fully recovered. The outstanding bad debt related to Elixir’s sdeUSD on Morpho Worldchain has now been completely repaid. The vault continues to operate as normal.

@euler_mab @eulerfinance Any action we can take now? I sincerely seek for your advice, please help us 🙏🏻

People have asked me for an update on whether we are working with any of the teams behind any of the insolvent assets. We are not, but we are trying to. Despite multiple attempts to contact the Elixir, Stream, and StableLabs teams, we have not yet received a response and hope they will open lines of communication as soon as possible. If they are reading this, or if anyone can help us reach them, please get in touch. I want to stress that while Euler had no control over the recent events and has no control of the underlying curated markets, our team has been working around the clock to support users and curators in every way we can. We stand ready to provide the same level of assistance to the asset issuers to help facilitate recovery efforts, but they need to engage with us. Although some have reportedly been in touch with third parties and expressed a willingness to cooperate with Euler and Euler users, we have yet to hear from them directly despite repeated outreach across multiple channels. We want to help them do the right thing for affected users and minimise losses and damage as quickly as possible. We therefore urge @elixir, @StreamDefi, and @StablesLabs to get in touch without delay to begin the conversation.

Internal chaos at @Re7Labs & @eulerfinance after they lost all client funds by ignoring collateral liquidation. Now they’re quietly marking vaults as deprecated to hide the damage. This could be the biggest DeFi cover-up of 2025. 😬 @CoinDesk #DeFi #EulerFinance #Re7Labs #Scam

@StanleyHe17 @Re7Labs Yes, I couldn'd withdraw fund on Nov 4, while USDX was still not yet degged on Nov 4.

while there were still millions of liquidity above 0.9 onchain for USDX, re7 liquidated 0 debt. now lenders can’t get 0.1 back instead they did some so called communication w/ scammer founder like an underpaid discord mod, and call that risk curation oh, they take away 10% of your yield for that as well

@ferreroshYG @Re7Labs Yes, same situation.. I was not able to withdraw my fund before the Utilization hit 100%

@Re7Labs USDX pegging was not broken when we could not withdraw. Cuz all of us wanna withdraw it at that time. Plz tell us why we could not withdraw usdt at that time too...

@euler_mab Money is just a unit, yet it carries many meanings and touches many lives. We hope you truly do your best to protect Euler’s users.

@eth_richmond @Re7Capital @Re7Labs Please help us.

@Re7Capital What will happen to those who gave money in vaults, where you were curators and made a fatal mistake by putting creditors' money into 100% disposal? Depeg happened, the curator screwed up, what risks do you bear? Who will return the money to the people? @Re7Capital @Re7Labs

We are aware of the reported issues involving Stream & Elixir. @Re7Capital confirms that none of our funds have any exposure.

@euler_mab @eulerfinance The @Re7Labs BSC USDT and USD1 vault just disappeared for no reason..many people put funds in it and lost everything, you must give us and official response.

This is the right path forward. Expect to see it live on Euler too. Diverging views on risk are part of every credit system. Our goal will be to make that diversity even more transparent while giving users the freedom to express it permissionlessly.

@Re7Labs The USDT and USD1 pool just disappeared??? Can @Re7Labs response officially ?

@anton92445 @Re7Labs Yes, @Re7Labs @Re7Capital @eulerfinance @euler_mab please explain the situation and defend your lenders.

@Re7Labs Why are there still no explanations about the situation with the BSC vaults USD1 and USDT? They were simply hidden from the dashboard. What measures are being taken?

@euler_mab @eulerfinance Many people's funds are still sticking in Eluer 😭

@Re7Labs APY drops to 0.18%, a sign of future action by Re7? Please do the best to protect our funds🙏🏻

@eulerfinance I deposited 45K in @Re7Labs USDT pool and couldn't withdraw fund. Please help 😭

Euler is going live on Monad Mainnet in:

@Re7Labs 🧐Could someone explain how come the total supply dropped from 6.06M to 5.48M? Suppose no body could withdraw their fund, isn't it?

@euler_mab @eulerfinance I deposit 44k to Re7 Lab USTD and USD1 pool, the utilization of both pool remain 100% and I am not able to withdraw my fund ... Can you help me? This is about all of my family savings😭

Striking a balance is always tough. In credit markets there will always be different preferences for risk, reward, assets, rates, duration, collateral exposure, LTVs, oracle choices, and more. Different markets on Euler are isolated by design. The majority remain unaffected by the recent insolvency announcement from Stream, including DAO-curated markets such as Euler Prime and Euler Yield. If DeFi is to form the foundation of the future of finance, it needs modular credit-market infrastructure that allows people to express diverse views on risk and return. The Euler protocol provides non-custodial, permissionless infrastructure where independent curators can do exactly that, creating risk-isolated markets tailored to different user demands. Even in a simple collateral–debt pair, small parameter changes can shift risk and reward outcomes significantly. There are only trade-offs in building a market. Modular systems don’t promise to prevent risks, but they do help contain them.

@milkblue1 @euler_mab Same 44k usdt

@Re7Labs Any updates please?

@0xwildboar @euler_mab Same situation, Euler or Re7 please come out and defend your lenders.

Awful news about Balancer. Sympathise deeply with all those affected, team included.