Multiple institutional crypto capital firms have maxed out their credit pools on Clearpool, an uncollateralized lending protocol, as market participants fear that the liquidity problems of crypto trading firm Alameda Research will spread to crypto lenders. Amber Group, Auros, and LedgerPrime received a “warning” label on their respective Polygon Permissionless Pools on Clearpool because they reached 99% of the protocol’s maximum credit limit. Folkvang and Nibbio’s Ethereum Permissionless Pools were also marked as “warning.” According to Clearpool’s loan dashboard, these loans total $14.8 million in debt.
