While private credit gates redemptions, we’re facilitating the largest programatic $sUSDai redemption ever. For us, that is a badge of honor.

Supply always be volatile. There will be inflows and outflows. Until now, sUSDai had mostly seen inflows. This shows resilience on the way out too.

This is the last message. This communication is not directed at residents of the United States, United Kingdom, or other jurisdictions where the distribution of such content may be restricted. is a non-custodial decentralized protocol providing structured lending infrastructure. does not custody assets, execute trades, or act as a broker, dealer, or investment adviser. Nothing herein constitutes investment advice, a recommendation, or an offer or solicitation to purchase any digital asset. All interactions are executed directly between users and on-chain smart contracts, subject to applicable protocol terms. Participation involves risk including potential loss of funds. Do your own research.