Stream Finance – Milestones
Key milestones and important events in Stream Finance's history.
5
Total Milestones
2022
Earliest
2025
Latest
3 yrs
Span
Showing 5 milestones for Stream Finance
20253 milestones
5
1 Nov 2025
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-0-51/4
1 Oct 2025
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-0-51/3
1 Feb 2025
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.
20241 milestone
2
1 Apr 2024
Expansion to Avalanche
Stream Finance announced its deployment on the Avalanche blockchain to offer basis and carry trade yield strategies.
20221 milestone
1
1 Dec 2022
Stream Finance Founded
Stream Finance was established, with its official X (formerly Twitter) account created in December 2022.