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MEV Capital's assets under management have plummeted by 80% in four months and have been incorporated into internal management by Belem
By: rootdata|2026/02/28 18:43:31
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According to TheBlock, due to the de-pegging event of the deUSD stablecoin in October, which triggered automatic liquidations across multiple protocols, MEV Capital suffered losses exceeding $10 million, and the company's managed assets dropped by 80% from a peak of $1.5 billion to approximately $300 million.
Belem Capital stated that it has terminated its management mandate with MEV Capital and will internalize the company's institutional asset management team to integrate risk and execution frameworks.
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