Dossier
Fluid
Coverage of Fluid in the Nexus archive.
- Jupiter taps Bitwise to curate institutional-grade Solana-based USDe lending market
Jupiter Lend partners with Fluid and Bitwise to create a lending market for USDe, a synthetic stablecoin on Solana. This collaboration aims to provide an institutional-grade platform for earning yield. The partnership leverages Bitwise's expertise in curating the lending market.
- $292M Gone. KelpDAO Hacked, Aave Nearly Dragged Down With It. Can You Still Trust DeFi?
KelpDAO's cross-chain bridge was exploited for $292 million via a fake LayerZero message, with stolen rsETH used to borrow $236M on Aave. The attack triggered panic pauses across DeFi platforms and highlighted a surge in crypto hacks, with $606M lost in April alone.