DeFi

Yearn Finance suffered an $11 million hack due to a vulnerability in an old yETH contract, allowing an attacker to mint tokens and drain liquidity pools. The YFI token briefly rose before falling as the scope of the breach became clear.

Fluid, a rebranded DeFi platform formerly known as Instadapp, has launched its new FLUID token. The project aims to optimize capital efficiency in DeFi through its Vaults, lending services, and DEX, and is now listed on the Bitvavo exchange.