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Lido Finance Warns Leverage Is a ‘Hell of a Drug’

After integrating with DeFi major Aave, Lido saw leverage kick up a gear and nudged some larger players to unwind. But plenty of people didn’t.

Lido's warnings to some big players to unwind their leveraged positions mostly fell on deaf ears. (Shutterstock)
Lido's warnings to some big players to unwind their leveraged positions mostly fell on deaf ears. (Shutterstock)