The DeFi ecosystem is showing signs of cross-chain stress after the KelpDAO incident.
Solana is now experiencing liquidity pressure.
Highlights:
Kamino USDC markets showing elevated utilization
Prime Market USDC Reserve fully utilized (100%)
Zero liquidity available
Additional vaults:
Staekhouse USDC and RockawayX RWA USDC both above 95% utilization
Conclusion:
The situation reflects increasing liquidity strain and interconnected risk within DeFi markets.