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Odaily News DeFi community YAM stated on day X that they have observed dangerous signals from Yala's stablecoin YU. An address closely related to Yala is borrowing all USDC and most of the YU capital from the Yala Frontier market on Eulur, although interest rates have always been high, there has been no move to repay the debt. Currently, the capital utilization rate in the market has reached 100%, which means that lenders cannot withdraw any liquidity. The Euler team has also set the borrowing limit in the Yala market of Frontier to 0. It is known that the Yala team has not yet responded to the Euler team and the Discord community users. YAM added that YU is still maintaining its peg rate on Solana, its liquidity pool still has nearly one million USD USDC to be able to escape from the peg price, this article is mainly a risk warning, we are still not sure whether Yala is actually in trouble or not.

YALA-0.65%
USDC0.04%
EUL-10.53%
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