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.
PT-USDai-18JUN2026-(ARB) / USDC crossed 95% utilization
Steakhouse Financial (Riva x Steakhouse EURC) cut idle / EURC allocation: 73.5% ↓ 0.0% (−73.5pp)
Steakhouse Financial (Steakhouse USDC) cut cbBTC / USDC allocation: 62.9% ↓ 0.1% (−62.7pp)
Steakhouse Financial (Steakhouse USDC) raised cbBTC / USDC allocation: 62.9% → 93.1% (+30.2pp)
Steakhouse Financial (Steakhouse USDT) raised wstETH / USDT allocation: 0.0% → 100.0% (+100.0pp)
Steakhouse Financial (Steakhouse ETH) raised wstETH / WETH allocation: 26.4% → 76.1% (+49.7pp)
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