Gate News message, April 10, WLFI’s official post responded to market concerns about its lending positions in WLFI Markets, stating that there is currently no liquidation risk, and that even if the market experiences significant volatility, it can be addressed through additional collateral. WLFI said that as one of the platform’s main borrowers, the related lending activities are providing a source of revenue for the platform, thereby increasing the stablecoin yield level. In terms of data, WLFI disclosed that USD1’s current annualized income is approximately $159.5 million, and that in the past 6 months it has repurchased about 435 million WLFI tokens in the secondary market, with a cumulative amount of about $65.58 million. In addition, WLFI said it will submit a governance proposal next week to discuss unlocking early locked tokens, and will upgrade the functionality of USD1, including supporting gas-free transfers and adapting to AI payment infrastructure.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Suilend Reports Normal Operations and User Funds Safe Amid Another Protocol Attack
Suilend confirms normal market operations and secure user funds, while the team monitors another protocol's security incident and plans further updates.
Abstract: Suilend reports normal market activity and secure funds, with ongoing monitoring of a separate protocol's security incident and forthcoming updates.
GateNewsJust Now
Ethena Restores LayerZero Bridge for sUSDe and USDe, Upgrades DVN Configuration to 4/4
Abstract: Ethena has re-enabled LayerZero cross-chain bridging for sUSDe and USDe after a prior suspension, updated DVN configuration across chains to 4/4 to strengthen security, and kept the $10 million/hour transfer cap.
Summary: Ethena restored LayerZero cross-chain bridging for sUSDe/USDe after suspension, updated DVN to 4/4 across chains to boost security; cross-chain transfers remain capped at $10M/hour.
GateNews30m ago
Base Launches First Independent Network Upgrade Azul, Mainnet Activation Scheduled for May 13
Base Azul is live on testnet with a May 13, 2026 mainnet activation target, the first independent network upgrade; it boosts security, performance, and developer experience via multi-proof, single execution client, and Osaka; no user action needed.
Base announces Azul, its first independent network upgrade, now live on testnet with a May 13, 2026 mainnet activation target. The upgrade adds a multi-proof mechanism, designates base-reth-node as the sole execution client, and adopts the Osaka execution layer specification to stay aligned with Ethereum, with no user action required. Two more upgrades are planned for late June and late August, and Base Vibenet, a public development network for testing upcoming features, will launch mid-May.
GateNews41m ago
RHEA Finance Security Incident Update: About a $400k shortfall remains, with a commitment to fully compensate it
RHEA Finance has released a follow-up update regarding the security incident on April 16, confirming that there has been tangible progress in recovering assets. As of this update, it is estimated that there is still an approximately $400k funding gap, mainly due to the combination of NEAR, USDT, and USDC in the lending market liquidity pool. RHEA Finance has committed to fully cover any remaining shortfall to ensure that all affected users receive full compensation.
MarketWhisper58m ago
Volo Protocol vault attacked, losses totaling 3.5 million, remaining TVL confirmed to be safe
The Volo within the Sui ecosystem posted a statement on the X platform, confirming that a security vulnerability occurred, resulting in about $3.5 million in assets being stolen from three specific vaults, involving WBTC, XAUm, and USDC. Volo said it notified the Sui Foundation and ecosystem partners immediately after detecting the attack, freezing all vaults to prevent further losses; Volo pledged to cover all losses and would not allow users to bear any responsibility.
MarketWhisper1h ago
Blockchain.com Adds Perpetual Futures Trading to Self-Custodial Wallet, Supporting 190+ Crypto Markets
Gate News message, April 22 — Blockchain.com has launched perpetual futures trading functionality in its self-custodial DeFi wallet, enabling users to open leveraged positions using self-hosted Bitcoin as collateral without transferring funds to an exchange. The feature routes through Hyperliquid, a
GateNews2h ago
