At Trading Strategy, we manage independent data sourcing and vault dashboards. My question is about some of the Yearn vaults, for which I could not find details, and we need to make a decision whether to mark these vaults abandoned or stuck, and we are also trying to figure out if these vaults have been hit by the xUSD fallout.
Silo lender ARB/USDC.e has an excellent return today, but I am not sure if this is because it’s of Stream xUSD fallout exposure or if it is genuinely a good vault.
My question is, what is the status of this vault, and should it be included in the benchmarks?
With the help of Yearn Discord, I tracked the mutlistrategy assets to Silo V1 USDC e-market. It has 98% utilisation, so this vault might have problems withdrawing and is no longer safe to use - but I hope someone from Yearn can confirm this?
Silo got badly hit in Stream xUSD incident so not sure if this is related.
it is an isolated market on Silo, lending USDC.e to borrow against ARB collateral—nothing to do with xUSD. High utilization is likely because some other lender withdrew; but no reason to think anything is wrong here. Looks like rates have already started to come down a bit since you posted as well.
