Rapid Insights: Auros' Uncollateralized DeFi Loans

DeFi ProtocolsDecember 5, 2022, 1:22PM EST
UPDATED: April 14, 2023, 4:18PM EDT
Rapid Insights: Auros' Uncollateralized DeFi Loans
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Auros is a market maker in the digital asset space whose financial health has come under scrutiny after it missed a 2,400 wrapped ether (WETH) loan repayment on Maple Finance, worth approximately $3 million, on November 30, 2022. As of this writing, Auros’ DeFi loans on uncollateralized lending protocols total 8,400 WETH, worth approximately $10.8 million, and $9.9 million USDC.

Auros’ DeFi loans on two uncollateralized lending protocols, Maple Finance and Clearpool, can be tracked transparently on-chain:

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