spark delisted rsETH on january 29. aave launched rsETH E-Mode at 93% LTV the same day. three months later aave ate $230m in bad debt across every pool and spark absorbed $1.3b in fleeing capital with zero exposure. SPK up 19.65% today. justin sun moved $125m ETH from aave to spark in real time. $8.5b left aave in 48 hours. shared-pool lending is the subprime CDO of defi. when the music stops, you're fucked ...

Oopps, forgot that GTE actually left MegaETH ecosystem. ...

On TGE with transcript by Grok:"The biggest updates are the KPI ones. I know you guys were going to try and save me from having to talk about it, but it's obviously getting tagged in a bunch of Polymarket and KPI tracker posts.You know we've got three teams now that have announced going live — actually Stomp.For people who aren't aware, as an L2 we're not required to do TGE day one. So we've been on mainnet just over two months, maybe two and a half now.And we said, okay, we're launching our token. We are a ...

$MEGA TGE is coming soon. Just 1 more Mafia app needs to launch after this week.MegaETH has two fun trades going on for me:First, the TGE itself.Unlike most L2 tokens, $MEGA has real utility via Proximity Markets.HFTs, market makers, and probably MEV bots that want to sandwich retail swaps will bid MEGA for sub-1ms sequencer access.Default mini-blocks are 10ms.Not sure if it's a staking mechanism or pay-as-you-go tbh. ($OP experimenting with this model too)So MegaETH needs more trading apps that will use Pr ...

LATEST: ⚡ OP Labs has launched Privacy Boost, an SDK enabling private transfers and DeFi interactions on Ethereum while supporting KYC and audit compliance for enterprises. https://t.co/nPBgWnZLpn ...

Aave Sees $15.1 Billion Outflow; Some Withdrawn Funds Shift to SparkAccording to @EmberCN, funds continue to flow out of Aave, with $15.1 billion leaving the platform in three and a half days. Total deposits dropped from $48.5 billion before the incident to the current $30.7 billion, representing an outflow of approximately one-third of its capital.Other major lending platforms show varied dynamics: Morpho’s total deposits fell from $11.7 billion before the rsETH incident to $10.2 billion, an outflow of $1. ...

RT Matthew (∇, ∇) (@0xDeltaHedged)Pancakeswap was the first ever defi protocol I ever used (back in 2021), pretty surreal that we're now launching @OpenGradient with the pancake mafia! ...

cobie optimistic on future of crypto even though tokens not reflective of how important crypto is as a technology *yet*also bullish on a new metagame emerging similar to the ones from prior cycles (defi, nfts, memecoins) as sheer amount of capital onchain increasesgood pod recommend watching whole thing its rare to be able to hear objective opinion of someone who has been around for awhile and can speak candidly about what has worked and hasnt workedthreadguy (@notthreadguy):my full conversation today with ...

RT Johann Eid (@EidJohann)Security is, and always has been our priority, DeFi and the people from all over the world putting their hard earned money into our space deserve nothing less.Chainlink is the only data and interop oracle platform meeting key institutional security standards:- SOC 2 Type 2- SOC 2 Type 1- ISO/IEC 27001:2022 certification ...

Tether's USDT market cap hit an all-time high, with DeFi users appearing to favor the stablecoin over USDC as a refuge from industry fallout. https://t.co/CmPal8Wipl ...