Analysis#5
$50M USDT→AAVE Swap — Bad Routing
0x98b...7ac8 just lost $50m in an attempt to buy AAVE using USDT through CoWSwap.
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on DeFi
A syndicate of DeFi power users — researchers, builders, and on-chain analysts — publishing forensic security reports, protocol deep-dives, and transparency audits.
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Exploit
#4
Silo Finance — soUSDC Vault Exploit on Arbitrum
Earlier today, ~392k USDC from SiloFinance's managed soUSDC vault on Arbitrum was forcibly allocated into the wstUSR/USDC market, leaving bad debt.
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Transparency
#3
Ethena Updates Transparency Page — $2.8B of $4.4B Visible Onchain
Ethena (@ethena) has updated its transparency page, providing exact visibility into where assets are deployed and making all onchain wallets public.
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Analysis
#2
Ethena Self-Lending: $1.33B out of $4.4B
By our calculations, $1.33B out of $4.4B of USDe's backing is lending against itself.
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