Stream Finance launches creditor claims registration to advance liquidation process

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Shenchao TechFlow News, June 30 – According to The Defiant, the collapsed DeFi yield protocol Stream Finance has announced that it will begin collecting claims information from potential creditors through an online form, calling this step a move toward a "global solution." The protocol disclosed in November 2025 that an external fund manager had lost approximately $93 million in assets, leading to about $160 million in deposits being frozen and triggering roughly $285 million in cascading debt exposure across lending markets such as Euler, Morpho, Silo, and Gearbox.

Its stablecoin xUSD immediately depegged and is currently trading at around $0.08, down over 92% from its $1 peg. Stream emphasized that submitting a claim form does not confirm any payment rights, and the scale of recoverable assets and distribution plan have not yet been disclosed. Meanwhile, Stream Trading Corp. has filed a lawsuit against former operator Caleb McMeans, alleging the misappropriation of approximately $2.1 million in assets.

STREAM3.43%
EUL0.67%
MORPHO6.82%
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