Every major DeFi exploit this cycle has been a 3-line bug. Almost never a clever exploit.
Every major DeFi exploit this cycle has been a 3-line bug. Almost never a clever exploit.
cbBTC / WETH crossed 95% utilization
liUSD-1w / USDC crossed 95% utilization
srRoyUSDC / USDC crossed 95% utilization
n-st-liUSD4w / USDC crossed 95% utilization
n-st-liUSD4w / USDC crossed 95% utilization
liUSD-1w / USDC crossed 95% utilization
Effective cbADA LLTV crept downward
Gauntlet (USDT Prime Vault) APY rose 5.66% → 11.74%
Steakhouse Financial (Riva x Steakhouse EURC) cut idle / EURC allocation: 60.8% ↓ 0.0% (−60.8pp)
Steakhouse Financial (Steakhouse USDC) raised WBTC / USDC allocation: 0.8% → 62.4% (+61.6pp)
Steakhouse Financial (Steakhouse USDT) cut wstETH / USDT allocation: 100.0% ↓ 0.0% (−100.0pp)
Steakhouse Financial (Steakhouse USDT) — WBTC / USDT crossed 95% utilization (now 95.4%)
Every curator move across Morpho — snapshotted daily, diffed, backfilled from on-chain history. Severity comes from the size of the move, not editorial judgement.
Urgent · 30d retention · Notable · 14d · Info · 7d