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Decentralized Finance Risk-Sharing Protocol Nexus Mutual Expects Loss on Maple Finance Credit Pool Investment as FTX Contagion Widens

By: ZippyB

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However, more Nexus funds appear to be endangered. Orthogonal Trading’s defaulted debt on Maple’s wrapped ether credit pool amounts to some $5 million (3,900 wETH). On top of that, embattled market maker Auros Global failed to repay a $3.1 million (2,400 wETH) loan and has another $7.5 million (6,000 wETH) in active loans outstanding from the same pool.



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