Uncommonlab Weekly Alpha summarizes and shares newly emerging crypto alpha information every week. 1. Weekly IssuesThe xUSD depeg at Stream Finance and the disclosure of a $93M lossStream Finance had been investing deposited USDC assets using a market-neutral strategy, functioning similarly to an on-chain hedge fund. However, the protocol incurred losses while using nearly 4x leverage through collateralized lending based on xUSD.Initially, the size of the losses was not disclosed. But an exte...

Uncommonlab Weekly Alpha summarizes and shares newly emerging crypto alpha information every week. 1. Weekly IssuesThe xUSD depeg at Stream Finance and the disclosure of a $93M lossStream Finance had been investing deposited USDC assets using a market-neutral strategy, functioning similarly to an on-chain hedge fund. However, the protocol incurred losses while using nearly 4x leverage through collateralized lending based on xUSD.Initially, the size of the losses was not disclosed. But an exte...