PeckShield has issued a warning regarding potential risks in the DeFi sector as multiple Euler vaults, managed by TelosC, have reached 100% utilization. These vaults have locked $27.1 million in assets, including $5.5 million in WETH, $14.3 million in USDC, and $7.3 million in WBTC, while offering an unusually low annual yield of 0.18%. The situation has raised concerns about DeFi contagion risks, particularly in light of recent exploits at Stream Finance and Balancer, which suffered losses of $93 million and $128 million, respectively. This has created a cycle of protocol risk and liquidity shortages, potentially impacting the broader DeFi ecosystem.