liability exposures are pretty entangled. lots of different vaults that have already reduced to smaller allocations across the board. most of the tokens are on megaeth now in aave (looped with usdm). Most of that supply is held by a single wallet 0x64471d103a7f77262529383d53bdd28b260b1ae8.

liability exposures are pretty entangled. lots of different vaults that have already reduced to smaller allocations across the board. most of the tokens are on megaeth now in aave (looped with usdm). Most of that supply is held by a single wallet 0x64471d103a7f77262529383d53bdd28b260b1ae8.

cap had $40m of instant liquidity before the stabledrop debacle, half of it has been redeemed now mostly from larger vault allocators most of the supply goes to stcUSD which has half of it bridged to megaeth and looped in aave with usdm. Then there are a dozen $2-5m positions across royco/pendle/mo