1 days ago
Tydro lifts precautionary freeze, keeps new borrowing paused
DeFi lending platform Tydro has lifted its earlier precautionary freeze, allowing the affected markets to resume operations. New borrowing, however, remains suspended for now. According to The Defiant, core user functions were not fully shut during the freeze period: repayments, withdrawals, and liquidations continued to remain available throughout. Data shown on the Tydro dashboard indicates that the platform currently has $62.36 million in outstanding loans. The update points to a partial return to normal market activity on the protocol, while one of its lending functions is still being held back. No further timeline for restoring new borrowing was provided in the source material.
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