August 5, 2026
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Crypto Desk

Moonwell addresses cbETH market issue with borrow cap cut

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The cbETH Core Market on Base is currently under investigation due to an unspecified issue, leading risk manager @anthiasxyz to temporarily reduce the borrow cap for this market to 0.01 as a precautionary measure. This action reflects a broader trend within the Base ecosystem, which has been implementing dynamic borrow caps and adopting nuanced risk management practices to address vulnerabilities, a strategy aligned with recent advancements in decentralized finance (DeFi) on layer-2 networks.

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