Available liquidity remains a separate constraint. The reserve showed $18.6 million available, setting a lower ceiling on immediate new lending than the cap allows. Borrowers also need sufficient collateral. The cap limits total outstanding borrowing from the reserve, rather than individual loan sizes, under Tydro’s documented controls.
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Tydro froze its lending markets on Oct. 29, citing “recent reported exploits.” It kept repayments, withdrawals and liquidations available. On Oct. 30, it restored new borrowing and collateral loan-to-value limits, leaving the reduced $USDC cap as the sole exception.
Tydro had said that lower cap would remain until Binance confirmed “full isolation of the impact.” In a later security update on Oct. 30, Binance said it had “contained the compromised infrastructure,” revoked affected authorizations and implemented additional controls to prevent further unauthorized activity. The exchange said its investigation remained ongoing.