Kasu Finance Launch, Bybit Hack Updates, SynFutures Introduces Synthia AI Agent for Twitter-Based Trading, and more...
Launches π
Kasu is now live on Base, offering up to 25% APY through its risk-optimized private credit platform, open to almost all users, including those in the U.S. The platform lends exclusively to top-tier accounting firms and clients in Tier 1 economies, delivering uncorrelated yields that remain stable despite crypto and macro market volatility.
Powered by Apxium, which manages over $2.5 billion in invoices annually with an eight-year zero-loss record, Kasu emphasizes transparency with upcoming risk dashboards and financial tracking. Backed by investors including Woodstock Fund, Morningstar Ventures, and Cypher Capital, Kasu aims to set a new benchmark in DeFi private credit.
Hop launches V3 with Hopper Mode, offering faster trades with ~0.1-second confirmation times and improved pricing. The upgrade is now live and available for users.
Issues
Recently, Bybit, a major cryptocurrency exchange based in Dubai, experienced a significant security breach thatβs been making headlines. On February 21, 2025, hackers managed to steal around $1.4 to $1.5 billion worth of digital assets, primarily Ethereum (ETH), from one of the exchangeβs cold wallets. This incident is the largest crypto theft in history.
Lookonchain reports that since the hack, Bybit has received approximately 446,870 ETH (valued at $1.23 billion) through loans, whale deposits, and direct purchases. These efforts have nearly closed the gap caused by the recent security breach.
Lookonchain reports that stablecoin bank Infini was hacked, resulting in the theft of 49.5 million USDC. The attacker swapped the stolen USDC for an equal amount of DAI and subsequently purchased 17,696 ETH. The acquired ETH was then transferred to a new wallet.
Updates π°
Ethena Labs reports a reduction in its unrealized PNL exposure to Bybit from $30 million to $10 million, with full exposure expected to be eliminated within the hour. The platform holds $2 billion in liquid stablecoins backing USDe, which remains fully redeemable. Users can track these metrics via Ethenaβs transparency dashboard. The team also expressed support for Bybit amid the ongoing investigation.
Jupiter Exchange upgrades its token search feature, enhancing results by factoring in both search terms and market conditions using organic scores and other metrics. The platform invites user feedback to further improve the search experience.
mETH Protocol has resumed $cmETH withdrawals, assuring users that all funds remain secure and fully backed. A detailed post-mortem will be released soon, providing insights into the incident and the measures taken to resolve it.
Airdrops πͺ
Mitosis invites users who voted on the KaitoAI Launchpad during the first week to claim their rewards at morse.mitosis.org/claim. Rewards will be distributed in three equal rounds over three months, with unclaimed first-round rewards forfeited after 12 AM UTC on March 31, 2025. Snapshot details include votes, leaderboard rankings, and NFT holder snapshots taken between January 24 and February 11, 2025. Further announcements will be made as each reward round begins.
Soneium Conquest enters its final three days, with over 125,000 participants and 25+ projects reshaping Web3 gaming. Users still have the chance to join the onchain action and be part of the platform's growing ecosystem. The final phase is live on Galxe.
Matchain announces the migration of MatchQuest to its new web platform at hub.Matchain.io. Users must sign up with their Telegram accounts and set up MatchID.ai to secure their progress and ensure eligibility for upcoming airdrops. Immediate action is recommended to avoid losing game data.
Farms π§π»βπΎ
Term Labs' Friday Blue Sheets highlight new earning opportunities with SuperUSDC on Superform. Users can earn 12.25% APY backed by PT-ysUSDC with Term points or 10.75%-11.75% APY backed by deUSD with 1.7x Elixir Lux rewards. ETH holders can earn 4.75% APY backed by tETH with 10x TreehouseFi nuts and Term points. Earnings are now live at app.term.finance.
Stake DAO launches the $sUSD/$USDe pool on Curve Finance, enhanced by OnlyBoost for optimized $CRV rewards. Synthetix supports the initiative by maximizing returns through Stake DAOβs full suite, including Votemarket incentives for voting.
Provide GHO liquidity on Spectra for stkGHO Mar 2025 PT to earn incentives from SPECTRA reward pool for up to 22% APR on Ethereum. With more than $8M TVL, the pool delivers good returns with good liquidity and low impermanent loss risk.
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SynFutures Introduces Synthia AI Agent for Twitter-Based Trading
SynFutures launches its AI framework with its first AI agent Synthia, an AI-powered trading tool designed to facilitate spot trading directly on Twitter. It aims to provide a more accessible and efficient way for users to engage with decentralized finance (DeFi) through natural language commands.
Overview of the Synthia AI Agent
Synthia enables users to execute trades without needing a traditional trading terminal. Instead, transactions can be performed by tagging the AI agent in a tweet and using simple text-based commands. In the backend, Synthia will handle the swap on SynFutures Spot Aggregator.
Key Features at Launch:
Spot Swaps β Trade select token pairs on SynFutures Spot Aggregator without leverage.
Trading via Twitter β Execute trades by tagging the AI Agent, removing multiple steps with different user interfaces.
Natural Language Commands β Users can submit trades with simple messages like "Swap 100 USDC for VIRTUAL"
P2P transfer β Users can make a quick transfer to any ENS address "Send 100 USDC to example.eth"
At launch, the agent will support spot trading only, with additional features such as providing market insights, copy trading, perpetual trading, stop-loss functionality, and limit orders expected in future updates.
Comparison with Other AI Trading Agents
Several AI-powered trading assistants have emerged in the DeFi space, each offering different functionalities. Synthia distinguishes itself by enabling spot trading directly on Twitter with natural language commands, reducing complexity for users who prefer a more intuitive approach.
Compared to other AI agents, Synthia provides:
Trading via Twitter β Users can execute trades without leaving the platform, whereas some agents operate on other interfaces such as Telegram or proprietary dashboards.
Natural Language Support β Unlike certain AI agents that require specific commands, Synthia allows users to trade using conversational language.
Spot Trading at Launch β While some AI agents specialize in token launches or liquidity provisioning, Synthia focuses on direct spot trading execution, with plans to expand into leverage trading, stop-losses, and cross-chain functionality in future updates.
By integrating trading capabilities within a widely used social platform, Synthia aims to provide a more accessible and user-friendly trading experience. Future updates will further expand its functionalities, positioning it as a versatile AI-driven trading assistant.
Potential Benefits for Traders
The integration of AI into trading through social media platforms introduces several efficiencies:
Simplified Execution β Trades can be performed according to commands on Twitter, allowing users to get into the hottest tokens instantly.
Accessibility β Natural language commands reduce the complexity of interacting with DeFi protocols, reducing barriers for normies.
Scalability β Future updates will include additional functionalities such as perpetuals, stop-loss orders, and cross-chain trading.
Upcoming Features and Roadmap
Following its initial launch, SynFutures plans to expand the AI Agentβs capabilities with new features:
β Market Insight Updates
β Limit Orders & Stop-Loss Functionality
β Leverage Trading via Perpetual Swaps
β Cross-Chain Trading Integration
Conclusion
The launch of Synthia AI Agent introduces a new approach to DeFi trading by integrating AI-driven trade execution into Twitter. While initially limited to spot trading, the planned expansion to include leverage trading and advanced order types suggests a broader vision for AI-assisted trading.
Click here to sign up for Synthia
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