Main crypto market maker Wintermute has repaid a $96 million loan on DeFi protocol TrueFi. Wintermute’s debt repayment comes someday before the minimize-off date and most effective three week after it became as soon as hacked for $160 million.

Records from TrueFi’s loan dashboard reveals that Wintermute repaid its $92 million USDT loan and its corresponding ardour on Oct. 15. The uncollateralized loan became as soon as funded on April 18 and had a 180 day maturity with an APR of 8.73%.

This debt repayment is a convincing signal that Wintermute has the mandatory stage of solvency to meet its debt tasks, seeing as this loan became as soon as DeFi’s greatest ever uncollateralized loan.

On Sept. 20, Wintermute CEO Evgeny Gaevoy confirmed that the platform had been hacked for $160 million in its DeFi operations.

“We’re solvent with twice over that amount in equity left,” mentioned Gaevoy in a tweet on the time.

Transaction files from Etherscan reveals that the pockets address labelled “Wintermute Exploiter” transferred 70 ERC-20 tokens, alongside with millions of bucks’ price of stablecoins DAI, USDT and USDC. The hacker became as soon as observed sending $111 million price of crypto to Curve Finance’s 3pool, presumably with the blueprint of avoiding funds being frozen by stablecoin issuers Tether and Circle.

On the time, Wintermute’s prominent debt became as soon as shut to $200 million. The repayment of Wintermute’s TrueFi debt has now introduced down its debt duty considerably, with the total amount owed now amounting to spherical $97 million.

Wintermute composed owes $75 million price of USDC and Wrapped ETH to Maple Finance and $22.4 million to Clearpool.