PANews reported on February 13 that according to Cointelegraph, the decentralized lending platform Liquity recorded over $17 million in capital outflows within 24 hours after suggesting users to exit its recently launched Liquity v2 stability pool. Additionally, the total locked value (TVL) of Liquity v2 declined 18% from its all-time high of $84.9 million on February 11 to $69.6 million.

The Liquity v2 pool contains three tokens - Rocket Pool ETH (RETH), Wrapped Ether (WETH), and Wrapped Lido Staked Ether (WSTETH). The outflow amount of WSTETH was around $11.3 million, while the outflow amounts of RETH and WETH were around $1.2 million and $4.5 million respectively. Lido, an Ethereum-based liquid staking platform, also notified wstETH holders to withdraw their investments from the Liquity v2 stability pool ("Earn").

As reported yesterday, Liquity stated that its team has become aware of a potential issue that may impact the Liquity V2 stability pool ("Earn"), and is currently investigating the potential impact. Out of an abundance of caution, Liquity V2 users are advised to close their stability pool ("Earn") positions.