Orthogonal Trading defaults on eight loans to lending protocol Maple Finance, totaling $36M, or ~30% of active loans on the protocol, likely due to FTX exposure (Tim Copeland/The Block)

Tim Copeland / The Block:

Orthogonal Trading defaults on eight loans to lending protocol Maple Finance, totaling $36M, or ~30% of active loans on the protocol, likely due to FTX exposure  —  – Orthogonal Trading has defaulted on eight loans totalling $36 million on lending protocol Maple Finance.

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