💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
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1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
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🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
Compound has paused multiple stablecoin lending markets on Ethereum in response to the Elixir liquidity crisis.
BlockBeats reports that on November 7th, DeFi research and risk management firm Gauntlet recommended a temporary emergency halt on certain independent lending markets within the Ethereum-based lending protocol Compound v3. The affected markets include USDC on Ethereum, USDS on Ethereum, and USDT on Ethereum. The proposal has been approved, and after the halt, lending withdrawals for USDC and USDS resumed on November 6th. Compound stated that it will gradually restore the markets once system security is assured.
This move aims to address the liquidity crisis involving Elixir’s deUSD and sdeUSD, both of which are listed as collateral on Ethereum-backed USDC, USDS, and USDT.
Additionally, on November 4th, Stream Finance disclosed that its fund assets suffered a loss of $93 million, with Elixir bearing a $68 million exposure, leading to liquidity issues for its stablecoins deUSD and sdeUSD.