1delta

@tether @WDK_tether @qvac Let’s bring the best onchain lending infrastructure to @WDK_tether. And yes, we also won the lending category in the hackathon 🏆 1delta.io

Build what matters. Get rewarded. ⚡️ Introducing Tether.dev. We are providing the resources to scale your vision through community grants and technical bounties. Whether you are building the next billion-user wallet with @WDK_tether, local-first AI with @QVAC, serverless P2P apps with @Pears_p2p, or mining automation with @MDK_tether - our entire stack is open-source, and we want to back you. Shape the future of unstoppable systems. Apply today: tether.dev

@defyneric @privy_io @dynamic_xyz @thirdweb @crossmint @turnkeyhq @magic_labs @raincards @Stablecoin @KulipaXYZ @wirexapp @reapglobal @iron @BVNKFinance @UR_global @dakota_xyz Lending & borrowing 1delta.io

API’s Every Neobank Needs: 1) Login/Wallet @privy_io @dynamic_xyz @thirdweb @crossmint @turnkeyhq @magic_labs 2) Card Issuance @raincards @Stablecoin @KulipaXYZ @wirexapp @reapglobal 3) Virtual ACH Accounts @iron @BVNKFinance @UR_global @dakota_xyz 4) Privacy Layer @SeismicSys @UmbraPrivacy 5) Yield @yield @yield_xyz @blend_money @veda_labs 6) Swaps @moonpay @lifiprotocol @0xProject @squidrouter @AcrossProtocol @wormhole @RelayProtocol 7) KYC/AML @sumsub @persona @chainalysis 8) Stablecoin orchestration @Paxos @openfx_ @CodexFX @m0 @ethena @OndoFinance am i missing any?

@k_schellinger @consensus2026 x.com/1deltaDAO/stat…

🎶 Who is around next week?

Heading to Consensus Miami? 🇺🇸 Meet us there and learn how to build lending products faster and safer with the 1delta API.

Builders are DeFi. Always great to be part of this 🙌

1 1d 1de 1del 1delt 1delta 1delta i 1delta is 1delta is f 1delta is fo 1delta is for 1delta is for l 1delta is for le 1delta is for len 1delta is for lend 1delta is for lendi 1delta is for lendin 1delta is for lending 1delta is for wallets, agents, exchanges, fintechs, and institutions accessing onchain lending.

High APR pairs on @hyperlendx and @HypurrFi markets right now. DYOR.

rsETH (@KelpDAO's LST on Ethereum) was exploited for 116,500 rsETH (~$292M). Here's a full breakdown of what happened and where the contagion stands. 1/ How the exploit worked @LayerZero_Core OFTs let a token live across chains: → Lock on chain A → Mint on chain B → Burn on B, unlock on A The security of that unlock depends on the DVNs the app configures. LayerZero does not set this for you. The attacker called `lReceive` on EndpointV2 directly, forging the "B said burn" signal. The adapter on mainnet released real rsETH against nothing. Not a LayerZero protocol bug, but a security configuration failure in the OFT deployment itself. 2/ What happened next Stolen rsETH was deposited into @aave V3, @compoundfinance, and @eulerfinance. ↳ $236M+ in WETH borrowed against it ↳ Real debt, fake collateral, now sitting inside the largest lending pools in DeFi 3/ Contagion map - @aave V3 + V4 → rsETH markets frozen. aWETH Umbrella stakers are the first-loss tranche, DAO second, regular WETH depositors last. - @sparkdotfi → rsETH market frozen - @MorphoLabs → curator-level exposure in isolated markets - @FluidDefi → frozen - @compoundfinance, @eulerfinance → exposure being assessed - @LidoFinance × @mellowprotocol → leveraged meta-vault exposure - @pendle_fi → PT/YT rsETH repricing hard - @upshift_fi → Kelp Gain + High Growth ETH vaults paused - @beefyfinance, @yearnfi → strategies pausing 4/ The L2 problem rsETH on Arbitrum and other chains was bridged via the same OFT mechanism. If the mainnet lockbox is drained, that rsETH on L2s is uncollateralized, backed by nothing. 5/ Why @aave is the systemic risk The ETH market on Aave is ~16.5% backed by rsETH. If losses socialize across mainnet and external chains: → 10–15% emode haircut on rsETH-backed loans → 2–3% residual for ETH suppliers after Umbrella is wiped That is enough for every rational depositor to exit now, and that is exactly what is happening. - Utilization pinned at 100% - Nobody can withdraw WETH - Liquidators can't unwind atomically, no liquidity to pull - Borrowers on stables against ETH collateral can't repay even as rates spike - USDT suppliers are max-borrowing other stables as an exit, positive carry for now, but it deepens the trap So far, Aave has seen $5.5B in ETH outflows.

Cannes, done right. 🇫🇷 We co-hosted a full day at EthCC with @DeFiFounders. Great to see builders, allocators, and operators in one room, focused on DeFi. Big thanks to everyone who showed up. See you at the next event!

@k_schellinger @EthCC We had a great time co-hosting the event throughout the day. Thanks everyone involved!

I’m done hosting events in France. The event itself was great, builders showed up and the energy was great. Then the final session got shut down 3 hours early because security’s shift ended. Venue didn’t plan for longer despite communicating otherwise. This after Venue #1 cancelled at 7pm the night before due to a nearby construction site, forcing us to sign away all claims just to get a refund. We worked all night to find a venue and make the event work. The biggest damage fell on our partners @WhalesurfVPN and @Baltex, who both just launched new products and deserved that closing party. Go show them some love 👇 🔗 whalesurfvpn.com 🔗 baltex.io We’re deeply sorry to those who traveled to our last session. France is regulated to death. @DeFiFounders won’t be back.

Tomorrow 4pm @ EthCC We're partnering with @DeFiFounders for a curated evening for DeFi founders, VCs, LPs, and leaders. Agenda: - Pitch session - Panel with @Ledger, @privy_io, and @zerion - A special announcement you won't want to miss - Founders networking with food and drinks to close Thanks to our event partners @nordstern_fi @TradingProtocol @baltexio Approval required. Request your spot: luma.com/dajkw11w

@DeFiFounders 😎

DeFi is dead. 0 sign-ups for our EthCC event. We’re canceling it. Pivoting to AI. See you at GTC.

Tomorrow 11am @ EthCC🇫🇷 If you're in Cannes and working anywhere in DeFi, we'd love to have you in the room. Thanks to our event partners @TradingProtocol @ipor_io @DeFiFounders Apply: luma.com/b9ieeqyb

We're co-hosting a full day with @DeFiFounders @ EthCC 🇫🇷 on April 2nd. - a vault ecosystem brunch for allocators and LPs - an investor pitch session - a panel with @Ledger, @privy_io, and @zerion - a private DeFi Soirée to close If you're going to be in Cannes, apply here: luma.com/defifounders

Tomorrow during EthCC Cannes 🇫🇷 A curated gathering of vault curators, infra, LPs, and RWA issuers shaping the future of onchain yield. 11:00–15:00 Thanks to our event partners @TradingProtocol @ipor_io @1deltaDAO Apply: luma.com/b9ieeqyb

Drop a comment if you're going to be in Cannes for ETHCC. 🇫🇷

DeFi Founders Club @ Cannes 🇫🇷 Returning during EthCC with a private, curated series on April 2nd: • Vault ecosystem brunch (allocators, LPs, curators) • Investor pitch session (founders, investors) • Panel with leading wallets • Founder networking • Private DeFi Soirée Apply to join ↓ luma.com/defifounders

@DeFiFounders See you there 👋

We’re co-hosting a DeFi pitching session in Cannes 🇫🇷 with @DeFiFounders Would love to see some lending agents 👀 Apply to pitch in front of top investors + ecosystem players ↓ luma.com/bifc382v