Stream Finance halts withdrawals and deposits following $93M loss

Key Takeaways

External fund manager disclosed a loss of about $93 million in Stream fund assets.
Perkins Coie LLP was engaged to conduct a comprehensive investigation into the incident.

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Stream Finance, a decentralized finance (DeFi) platform focused on improving capital efficiency and maximizing yields through innovative strategies and protocols, has temporarily suspended all withdrawals and deposits after an external fund manager reported a $93 million loss in Stream’s funds.

Yesterday, an external fund manager overseeing Stream funds disclosed the loss of approximately $93 million in Stream fund assets.

In response, Stream is in the process of engaging Keith Miller and Joseph Cutler of the law firm Perkins Coie LLP, to lead a comprehensive…

— Stream Finance (@StreamDefi) November 4, 2025

The company is currently withdrawing all liquid assets and is conducting a thorough investigation led by Keith Miller and Joseph Cutler from Perkins Coie. Stream is committed to maintaining transparency and will provide periodic updates during the investigation.