Market maker Wintermute confirms exposure to the recent Binance hack sits below 20 percent of net equity. CEO Evgeny Gaevoy said operations will continue without disruption across all scenarios, maintaining full functionality for counterparties.
GSR reported exposure below 5 percent of net equity and anticipates no material disruption to business operations. The firm is actively engaging Binance contacts to understand the full scope of the incident.
Leading DeFi protocols confirmed zero direct exposure. Ethena holds all collateral exclusively with off-exchange custodians, eliminating platform risk. Lido Finance's stETH remains entirely unaffected, with staking and withdrawal mechanisms functioning normally. Aave's smart contracts are unaffected, with all existing positions remaining overcollateralized.
Aave froze DAO-operated V3 and V4 markets as a precautionary measure, preventing new deposits and borrows. Existing users retain the ability to withdraw funds and repay positions.
