Fragmetric Launches fragBTC, LoopScale and Term Labs Exploit, Junction launched Beta Phase, Earn over 10% APY with Auto-Compounding Stablecoin Pairs, and more...
Launches π
Junction has launched its beta phase, offering a fast, simple, and scalable platform for cross-chain swaps with a unified UI across over 30 chains, supporting ecosystems like UTXO, EVMs, and Solana. Users can connect multiple wallets across different ecosystems, manage accounts seamlessly, and benefit from auto-routing through optimal liquidity paths. During the beta, all platform fees are waived.
Access the beta version with our exclusive code : KRAOPC
REI Network has launched Phase 2 of its REI Core Closed Beta, expanding access beyond the initial expert group. Invites will be sent via email in waves, each including substantial free credits for users to explore and test Rei Units.
Updates π°
Fragmetric has launched fragBTC, the first yield-bearing Bitcoin asset on Solana, enabling BTC holders to earn BTC-denominated yield through Solana's DeFi ecosystem.
The initiative starts with SolvBTC.JUP and is developed in collaboration with Solv Protocol and Zeus Network's $zBTC by Apollo.
Talus Network has launched its Devnet and Nexus whitepaper, enabling developers to build fully onchain AI agents with real workflows. The Devnet allows testing and validation
The whitepaper details how Talus Agents can power smarter apps and compete as AI services, while emphasizing security, speed, and flexibility.
Morpho Labs has open-sourced a liquidation bot for Morpho, designed to be simple, fast, and easily configurable. The bot operates entirely through RPC calls and is ready for deployment on any EVM-compatible chain.
DeFi Saver has launched the Discover Page, a new feature that helps users easily find and compare the best DeFi opportunities across 10+ supported protocols. Users can filter markets by assets, APYs, and LTVs, sort strategies like Long ETH/BTC or Yield Farm ETH/Stables, and explore options without connecting a wallet.
Balancer has introduced the MEV-Cap Hook, a new system that dynamically adjusts pool fees based on transaction priority fees, allowing LPs to earn more from MEV without restricting access. The feature is live on Base and aims to create a more equitable DeFi environment, with broader infrastructure innovation underway.
DIA announced that Lasernet, its custom Layer-2 rollup for oracle execution, is now live on mainnet. Users can track all blocks, transactions, and oracle updates fully onchain and verifiable through explorer.diadata.org.
Do you have Unclaimed Rewards? If you are a DeFi Saver user, you can now see all earned rewards from supported protocols directly on the Portfolio page, covering more than 10 tokens, including $AAVE, $COMP, and MO 0.00%β RPHO. No more digging through dashboardsβjust clear, instant visibility into your earnings. Check nowβthere might be a surprise waiting.
Issues β οΈ
Loopscale experienced a security breach on April 27, where a manipulation of the RateX PT token pricing functions led to an exploit draining approximately 5.7M USDC and 1,200 SOL from its USDC and SOL Vaults. The incident impacted about 12% of total funds on Loopscale and affects only depositors to these two vaults, not borrowers or loopers.
All markets have been temporarily halted as the team works with law enforcement, security firms, and investors to recover the stolen funds and restore repayment functionality to prevent liquidations. A full technical post-mortem will be provided later.
TenArmor reported multiple suspicious attacks targeting Impermax on Base, resulting in losses of approximately $152.2K. The incident was detected through TenMonitorβs early detection system, with details available on BaseScan.
Term Labs announced that after yesterdayβs oracle issue, they have recovered 556.197 ETH of the original 918 ETH loss. The remaining 362.03 ETH (~$650K) will be fully covered by the protocol treasury. Borrowers have been reimbursed, lenders can redeem as usual, and a full postmortem will follow.
Spectra Finance Offers the Best Fixed Yields on USD and ETH π½οΈ
We sit down with Cofounder Gaspard to learn more about how to get the best yields on chain, and whatβs coming up next from the team that invented Yield trading on-chain.
Watch here and subscribe to stay updated on our latest videos
Upcoming β
The Ethereum Pectra upgrade is now scheduled to go live on mainnet on May 7, following earlier delays from testnet activation issues. Pectra includes key Ethereum Improvement Proposals (EIPs) that are expected to significantly impact the ecosystem and staking.
Farms π§π»βπΎ
Drift Protocol has launched Amplify, a new feature that loops positions with automated leverage to boost exposure to yield-bearing assets, starting with JLP. Users can access Amplify directly on app.drift.trade.
Frax Finance announced that the sfrxUSD-scUSD market is now live on Silo Finance, bootstrapped with $3M scUSD from Rings Protocol. Early movers on Sonic can benefit from low borrow rates and potentially high stablecoin APYs through leverage loops.
Users can bridge sfrxUSD via Frax or stake frxUSD directly on Sonic.
Spark has onboarded the sUSDS/USDT and USDC/USDT pools on Curve Finance to its Spark Liquidity Layer (SLL), enabling deeper liquidity, improved swap demand yield, and a stronger DeFi ecosystem. The integrations are now live on Ethereum mainnet.
Shadow Exchange reported over $1.09M in rewards this epoch, with notable yields across pools. Stable pairs offered 8.7%β61% APYs, LST pools ranged from 7.3%β77%, and volatile pairs showed extremely high APYs.
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Earn over 10% APY with Auto-Compounding Stablecoin Pairs
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