LWID : Resolv $25M Exploit, Backpack Airdrop Claim, Earn 12% Stablecoin APY + Airdrops

Issues⚠️

• Resolv’s USR stablecoin suffered a ~$25M exploit where an attacker with privileged minting access minted 80M unbacked tokens against minimal collateral ($200K USDC), then converted the proceeds to stablecoins and ETH to exit.

  • Pre-exploit USR holders who didn’t sell can redeem at par for USDC; sellers receive partial or no compensation; post-exploit USR holders get nothing.

  • Fluid, which had USR hardcoded at $1, accumulated ~$17M in bad debt before freezing markets and will cover losses via treasury, secured loans, and an equity sale.

  • Morpho curators and Curve LPs absorb their losses directly.

  • RLP’s fate remains open — Resolv has promised further updates and hasn’t ruled out impairment of the junior tranche.

  • Other affected protocols so far include: YO’s yoUSD, Gauntlet USDC vault, Inverse Finance, TermMax, Venus Protocol, ListaDAO, Euler Finance vaults, Upshift’s coreUSDC, upUSDC, and earnAUSD.

• Tally, a governance tooling platform for decentralized protocols, is shutting down after five years. The team cited a simple reason: the mass adoption of DAOs and on-chain governance never materialized at the scale needed to sustain the business, with crypto instead finding product-market fit in payments and speculation. The governance app winds down end of month.

• Neutrl front end is now secured under a new domain (neutrl.finance) after a recent DNS hijacking incident, with smart contracts unpaused and user funds unaffected. The team advised users to avoid the old domain(neutrl[.]fi) and revoke approvals linked to malicious addresses if they interacted with the compromised site.

• $vHYPE (which represents the $HYPE stake by @ventuals) experienced a massive depeg because users were unable to withdraw funds due to the 500k $HYPE required to open a HIP-3 being locked up, dropping as low as $9 or 0.2388 $HYPE.

DeFi📈

• Elixir opened a USDC recovery portal for lenders affected by Stream’s open borrow positions across lending markets, allowing eligible users to claim funds for a limited time. The protocol previously launched claim contracts for sdeUSD and deUSD holders as part of the ongoing wind-down of the deUSD system.

  • Euler Finance also announces ~80% recovery for Frontier Elixir USDT vault users impacted by the Stream/Elixir incident. Claims are now available through the Elixir recovery portal for affected depositors.

• Pendle activates limit order incentives for savUSD, apyUSD, reUSD, and sNUSD pools offering up to 100% APR. Users earn rewards simply by placing limit orders in these incentivised fixed-rate yield markets.

• Yuzu Money will update the redemption mechanism for yzPP, the protocol’s junior protection tranche, allowing users to redeem at any time but with a 30-day cooldown while still earning yield before settlement.

• Hyperliquid, through Trade.xyz, launches first officially licensed S&P 500 perpetual contract via S&P Dow Jones partnership. Non-US traders can now access 24/7 leveraged equity exposure on a decentralized exchange with official index data.

• Tempo, a payments-focused L1, launches its mainnet with the Machine Payments Protocol, integrating Stripe and fintech partners to enable agentic commerce, support TradFi-to-crypto transactions.

• Monad activated the MONAD_NINE hard fork, adding upgrades such as a new reserve balance feature for smart contracts, improved EVM memory handling, and faster RPC performance. Users do not need to take any action.

---

Find and execute the 15%+ stablecoin yields in minutes
Save time without checking every protocol manually. DeFi Saver’s Discover page surfaces rates across Aave, Morpho, Spark, and more, lets you simulate leverage before committing, and handles the full loop in one click. Stop leaving yield on the table.

<Discover Yields on DeFi Saver> | Today in DeFi is Supported by DeFi Saver

---

Stablecoins/RWA🪙

• Tangent introduced $USG, a CDP stablecoin backed by yield-bearing collateral like Curve LP tokens and Pendle PTs, allowing users to borrow against productive DeFi positions while maintaining yield exposure and improving capital efficiency.

• YieldNest launches ynRWAx on Euler Finance with 11% real-world yield and 5% borrow cost, enabling one-click looping via Multiply.

• Nado launched its first commodity perpetual market with Silver (XAG-PERP), offering up to 20x leverage as the protocol expands beyond crypto markets. Trading hours are aligned to CME Globex, while oracle safeguards and funding are based on mark-to-spot TWAP when markets are closed.

• Ondo Finance expands tokenized stocks on-chain with 60+ new assets across AI, oil, data, space, biotech, defense, and quantum sectors.

Perps 📉📈

• Aster DEX launched Aster Chain, a Layer 1 that introduces default privacy using ZK-encrypted transactions and stealth addresses so trades settle on-chain but are not publicly traceable to wallets. Staking is also live, along with campaigns including the Perps Milestone Challenge and WLFI incentive program.

• Bulk Trade opened early access to its Solana-based perpetuals DEX testnet, featuring a low-latency trading interface with real-time order books and charts, targeting institutional-grade derivatives trading with sub-20ms execution.

• Gains Network launches Bitcoin and Ethereum implied volatility (BVIV/EVIV) perpetuals on gTrade. Traders earn Volmex points while trading the expected market move magnitude instead of price direction.

• Stratium is launching a trading terminal with USDH spot markets on Hyperliquid, offering discount on trading fees. The platform provides +20% volume contribution toward fee tiers while HIP-3 markets prepare for deployment.

Prediction Markets🔮

• Ethereal DEX launches prediction markets with alpha tester access and unified product design across perps, spot, money markets, vaults, and prediction markets.

Airdrops🪂

• Backpack $BP airdrop is now claimable for eligible users. Participants can check their allocation by logging into Backpack.

• EdgeX airdrop registration opens with March 31 deadline for eligible users. Participants who farmed liquidity on EdgeX can register to claim $EDGE tokens based on accumulated XP from LP activity.

• Binance Super Earn campaign on Solana offers WBETH, BNSOL, ADA, and XRP staking with up to 120M $NIGHT rewards. The $NIGHT airdrop details will be announced after the campaign concludes.

• Linea’s Ignition Program rewards window closes April 2nd at 11:59 PM PDT—final chance to claim before expiration. Eligible users must act immediately to secure their rewards through the official claim portal.

Farms

• Goblin Finance launches multiple vaults on Aptos, including a 36.8% APY deposit strategy with Ethena Sats, APT yield vault, WBTC vault, and 100 APT airdrop.

News🗞️

• Metaplanet raised about $255M from institutional investors through a new share placement priced at a 2% premium, alongside fixed-strike warrants at a 10% premium that could bring up to $276M in additional capital if exercised. The company said the funding supports its plan to accumulate up to 210,000 BTC.

• Strategy acquired 22,337 BTC for about $1.57B at an average price of roughly $70,194 per BTC. The company now holds 761,068 BTC purchased for around $57.61B at an average cost of about $75,696 per BTC.

• Privy launches Privy Earn, enabling fintechs and apps on its wallet infrastructure to offer Aave yield directly to users.

• SEC approves Nasdaq tokenized equities trading pilot program. This regulatory milestone enables real-world asset tokenization on traditional market infrastructure, accelerating institutional adoption of onchain securities.

• FTX Recovery Trust said it will distribute about $2.2B to creditors on March 31 as part of its fourth repayment round under the bankruptcy plan. Payments will be sent through BitGo, Kraken, or Payoneer, with several claim classes reaching up to 100% cumulative recovery.

---

For sponsorships, questions, or news tips, reach us at: support@todayindefi.com

---

Double-Dipping with 12% APY + Airdrops