Stream Finance – Milestones
Key milestones and important events in Stream Finance's history.
Showing 5 milestones for Stream Finance
Operations Paused
In response to the stablecoin crisis, the Stream Finance team paused all protocol deposits and withdrawals to investigate the incident and formulate a compensation plan.
unchainedcrypto.com/stream-finance-loses-93-million-as-stablecoin-crashes-to-0-51/Stablecoin De-Peg Event
The protocol's stablecoin, STRM, lost its peg to the US dollar, crashing to a low of $0.51. The event resulted in an estimated user loss of $93 million.
unchainedcrypto.com/stream-finance-loses-93-million-as-stablecoin-crashes-to-0-51/Protocol Launch on Sonic Blockchain
The protocol officially launched in February 2025 on the Sonic blockchain, a Layer 2 network, achieving $12 million in TVL within its first 10 hours.
Expansion to Avalanche
Stream Finance announced its deployment on the Avalanche blockchain to offer basis and carry trade yield strategies.
Stream Finance Founded
Stream Finance was established, with its official X (formerly Twitter) account created in December 2022.