Re7 Labs

Re7 Labs curates lending vaults and is among the more active allocators in onchain credit, operating across sixteen chains. The figure here is depositor capital it has directed into markets belonging to other protocols rather than assets it holds.

Its record includes a significant failure. In the Stream Finance collapse of November 2025, Re7 was left with roughly $27.4 million of bad debt across Euler and Morpho markets, after collateral it had accepted depegged sharply while the positions sat in markets too illiquid for liquidations to clear. It had earlier opened a compensation pool for holders affected by an exploit of a different stablecoin it had listed. Curation is a judgement call rather than a guarantee, and this is what it looks like when the judgement is wrong.