Clearpool Has No Direct Exposure to FTX or Alameda

Clearpool does not have any direct exposure to FTX or Alameda. The Clearpool treasury and operating funds are unaffected and remain in cold storage in Hex Trust. The Clearpool protocol is functioning as per its design. Since Monday, LPs have withdrawn approx $91m of liquidity from borrower pools.

Meanwhile, borrowers have been facilitating withdrawals by repaying liquidity into the pools. Amber, Nibbio and LedgerPrime pools have been repaid. BlockTower and Jane Street have agreed to close their permissioned pool. Alameda permissioned pool loans are outstanding. Compound Capital and Apollo Capital are the only lenders in this permissioned pool.

In addition, the Clearpool team remains focused on the next phase of its ecosystem growth, including the development of a range of products such as permissioned pools v2, term pools and diversified pools.

Source

DeFi

Lending

FTX

In This Article

Related News
Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Latest News More More
July 7 TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open