Beefy Zap v3 Now Live on Optimism

Beefy Finance has introduced a new auto-compounding vault for the **ynRWAx-ynUSDx** pair, expanding yield optimization options for real-world asset (RWA) tokens. **Key Features:** - Auto-compounds yields from YieldNest's RWA-backed tokens - Combines ynRWAx (real-world asset token) with ynUSDx (stablecoin) - Leverages YieldNest's infrastructure for consistent yield from real-world interest payments **How YieldNest Works:** - Users deposit USDC to receive ynRWAx tokens - Yields are generated from actual real-world interest payments - Built for high capital efficiency with automated compounding The vault is now live on [Beefy Finance](https://app.beefy.com/vault/stakedao-ynrwax-ynusdx), offering users a simplified way to earn from tokenized real-world assets without manual reinvestment. For technical details on YieldNest's RWA vaults, visit their [documentation](https://docs.yieldnest.finance/protocol-design/max-vaults/ynrwa-max-ynrwax).

**Beefy Finance announced the delisting of its BIFI/USDT trading pair from Binance, effective April 23, 2026.** The delisting marks the end of a five-year partnership that began in 2021. During this period, Beefy grew into a leading yield optimizer in decentralized finance (DeFi). **Key details:** - Trading pair will cease operations after 5 years, 1 month, and 7 days - Beefy has since expanded operations across 40 different blockchain networks - The team expressed gratitude to Binance for their support throughout the partnership The announcement signals a transition for the DeFi protocol as it continues to operate across multiple chains beyond its initial Binance listing.

Beefy has launched a cross-chain zap feature powered by Circle's CCTP (Cross-Chain Transfer Protocol). **Key Features:** - Access to 1,000+ Beefy yield strategies with one click - Support for hundreds of assets across multiple chains - Simplified cross-chain deposits into yield vaults The integration with Circle's CCTP enables seamless asset transfers between different blockchain networks, removing friction from the DeFi yield farming process. Users can now deploy assets into Beefy's strategies without manually bridging tokens first. This follows Beefy's recent integration with MegaETH in February, which added bridging and swapping capabilities on that network.

**Beefy November Performance:** - **$1.73M yield distributed** at 9% average APY - **24 new strategies** deployed across chains - **23,800 harvests** processed automatically - **382 BIFI tokens** bought back **Major Milestone:** Beefy is now **live on Monad** - expanding DeFi yield opportunities to this high-performance blockchain. The platform continues automating yield farming, turning manual processes into passive income streams for users across multiple networks.

**Nexus Mutual quickly processed nearly $100k in claims** following the Stream Finance exploit, protecting users across multiple protocols. **Key highlights:** - Claims paid out in **under a week** to affected Beefy, Euler, and Harvest Finance users - Coverage extended across Base, Arbitrum, Avalanche, and Sonic networks - Users were protected despite **not directly using Stream Finance** **The contagion effect:** Many users couldn't withdraw funds due to liquidity issues where xUSD was used as collateral, demonstrating how DeFi protocols' interconnected nature creates cascading risks. **Partners like OpenCover** facilitated the rapid payout process, showcasing how **multi-protocol coverage** can provide a safety net against second-order effects in DeFi. This incident highlights both the **real risks of protocol interdependence** and the **effectiveness of DeFi insurance** when properly implemented.