Mu Digital winds down key DeFi products, raising concerns for AZND, loAZND, and muBOND holders

Morpho’s live market data shows one borrower with 9.57M AZND, about 59% of supply, posted against 8.55M USDC. The position is already liquidatable at a 0.963 health factor even with the oracle marking AZND at $1, leaving the market at 100% utilization and zero USDC liquidity.

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