Fluid 🌊

Earlier this month, ETH withdrawals on Aave froze and liquidation risk kept building with no exit available. @0xfluid reached out to 1inch on April 19 at 21:39. By 03:10 the next morning, emergency routing was live.

I can’t not mention the excellently written article by @smykjain and how extremely interesting and relevant the information is right now I wish I could write like that too hehe "The biggest feature of any financial protocol is its security, ensuring robustness in all circumstances and minimizing potential losses in worst-case scenarios. One simple way to do this can be found in traditional finance with daily spending limits, and other methods of monitoring the movement of large funds. We saw DeFi protocols adopt something similar with debt ceilings and other limitations placed on the protocol. For example, MakerDAO uses a debt ceiling to mitigate their risk exposure to various assets. We observed a similar approach extended with Aave v3 isolation mode, as well as with Compound v3 and Aave v3, which imposed restrictions on the supply amount limiting the risk of supplied assets. One challenge in implementing limits is that these measures often require active management. Fluid's Liquidity Layer introduces Automated Limits, which dynamically adjust the debt/collateral ceiling every block when funds are nearing limits. This feature allows organic borrowings to go through, while restricting any sudden whale moments. This means even if there were code vulnerabilities or economic manipulation on a protocol of Fluid, the Liquidity Layer will restrict abnormally large and sudden borrowings & withdrawals, limiting losses and buying time for the community multisig to step in and pause that particular protocol to allow governance to take appropriate action." source: blog.instadapp.io/fluid/

LIVE NOW -- DeFi Hit by $300M Hack as Markets Hit All-Time Highs Markets are hitting new highs, but crypto just took a major hit. @RyanSAdams and @TrustlessState break down Ç - the $300 Million KelpDAO exploit, - why it exposed deeper flaws across DeFi and Layer 2s, including Arbitrum’s controversial decision to freeze funds, - whether AI will drive deflation or inequality, - a new bullish ETH thesis, - and why the biggest risks in crypto may be building beneath the surface. [TIMESTAMPS] 0:00 Intro 1:57 Markets Still Bullish? @EricBalchunas @SecScottBessent @danielisdizzy @MikeZaccardi @ylecun @pdmsero @KobeissiLetter 27:32 @KelpDAO $300M Exploit & DeFi Fallout @LayerZero_Core @0xdoug @arbitrum @TheCryptoNexus @0xfluid @aave 50:26 Productive Money ETH Thesis @Etherealize_io 55:28 Prediction Markets & Perps Expansion & @tether $344M Freeze @polymarket @aaronjmars 1:00:11 @megaeth & New Chain Activity @bread_ 1:01:52 Device-Level KYC / Surveillance State @RyanSAdams 1:06:58 Closing & Disclaimers

Fluid Lite USD earning 11.74% APY on USDC 🌊 fluid.io/lite/1

📄 @base daily recap what happened on @base last 24 hours ■ @base built by the best season 2 teaser drops april 27 ■ @coinbasemarkets $VIRTUAL, $PROS and $KAIO added to roadmap today ■ @virtuals_io korea first base agent hackathon drops tomorrow with 5K prize pool ■ @stacks native bridges now live from base solana sui and polygon ■ @uptopia_xyz agent realm feature teased for legend of base where AI agents auto monitor ore mines ■ @b18timebank direct dapp connections now live for safer asset management with onchain interest, ■ @atlasorafi short term rental DEFI platform officially announced on base with AORA TGE in Q2 ■ @immunefi base azul audit competition live with 1300 plus researchers scoping the codebase ■ @flaunchgg USDC swaps now live to trade any token with ETH or USDC directly on platform ■ @surgexyz_ ignition race season 1 officially live with 300 plus founders building in public ■ @openvpp 500 MWhs of distributed energy delivered onchain as RWAs on base ■ @spaceandtime dreamspace onchain vibe coding canvas now publicly live powered by microsoft AI ■ @aurumxlabs full dapp now live on base where locked liquidity can be listed and bid on instantly ■ @graphprotocol agent0 subgraphs live on base to index every ERC 8004 agent in real time ■ @nextrare_cards coinbase integration live to buy slabs instantly with card via USDC onramp on base

Fluid Lite USD earning 11.74% APY on USDC 🌊 fluid.io/lite/1

Fluid Lite USD earning 11.74% APY on USDC 🌊 fluid.io/lite/1

Still stuck in Aave’s WETH pool on Arbitrum or Base? We've got you. Working with @0xFluid, we have now extended redemption from Aave WETH to a range of tokens, on both networks. One click for the best execution - and no Umbrella wait