Stream Finance's $285 million debt registration has begun. Holders of xUSD/xBTC/xETH, along with institutional lenders like Euler and Morpho, are the main parties, with Telosc and Elixir accounting for the largest shares. The liquidation process after the collapse has finally started; how much creditors can recover will depend on asset disposal efficiency.

According to a report by The Defiant, the defunct DeFi protocol Stream Finance has started creditor registration, involving approximately $285 million in debt exposure. Creditors are divided into direct holders of xUSD, xBTC, and xETH, as well as institutional lenders on Euler, Morpho, Silo, and Gearbox. Among them, TelosC’s debt exposure is approximately $124 million, and Elixir’s debt exposure is approximately $68 million.