Aave founder sharply criticizes Gauntlet for suspending withdrawals of the DeFi veteran protocol Compound: assets like deUSD should not be included in the main market

The founder and CEO of Aave, Stani.eth, posted on the X platform stating that the risk management team Gauntlet has suspended Compound withdrawals; due to the de-pegging of deUSD, users are unable to withdraw funds in the presence of bad debt risk, which is in a "locked" state. Gauntlet CBO Nick Cannon responded in the comments, saying, "The pause is proactive, just like what we did for Aave a few years ago, and it has reduced the risks highlighted in the screenshot," while Stani.eth commented, "This asset should not be listed in the main market."

Data shows that the deUSD stablecoin began to experience severe de-pegging last night, and it has currently decoupled to $0.1, with the total market cap dropping from tens of millions to millions of dollars.