Euler Bug Bounty Increased to $7.5M with Usual Money Support
Euler Bug Bounty Increased to $7.5M with Usual Money Support
馃幆 Bug Hunters Just Got Richer

Following growth in USL vaults, @usualmoney has expanded Euler's core bug bounty program by adding $2.5M, raising the total maximum reward to $7.5M.
Key details:
- Additional bounty paid in USUAL tokens
- Applies to bugs affecting Usual's USL vaults
- Represents one of web3's largest bug bounties
- Builds on previous increase from $1M to $5M
This enhancement demonstrates continued commitment to protocol security and aims to attract more security researchers.
For complete information: Visit Euler's bug bounty page
Following unprecedented growth in the USL vaults, @usualmoney has generously offered to further boost the security of both protocols by extending the Euler core bug bounty by $2.5m. This brings the total maximum payout from $5m to $7.5m, one of the largest bug bounties in web3.
Euler Launches Utilization-Aware Yield Projections
Euler has introduced a new feature that displays **utilization-aware projected yields** for its lending markets. Users can now hover over the Net APY metric to see a detailed breakdown of: - Projected market rates - Lending yield contributions - Borrowing costs - Intrinsic yield - Reward campaign impacts This transparency tool helps users better understand the composition of their potential returns before committing capital to Euler's lending protocol.
Euler Adds Transparency to Lending Markets with Collateral Visibility
Euler has introduced new transparency features for its lending markets. Users can now view: - **Collateral assets** backing current borrowing positions - **Live exposure metrics** showing real-time risk levels - **LTV (loan-to-value) settings** for each vault This update builds on recent improvements to Euler's refinance flow, which already allows users to move debt and collateral across vaults in a single transaction. The enhanced visibility helps users make more informed decisions about their lending and borrowing positions by providing clear insight into the assets supporting each market.
Euler Updates on Resolv Security Incident Exposure
Following the Resolv security incident involving unauthorized USR minting, Euler has provided an update on affected markets: **Current Status:** - Euler Yield market on Arbitrum remains paused with ~$500k USDC loans backed by RLP collateral - Resolv-related Frontier markets on Plasma paused with ~$50k in loans against USR collateral - Team awaiting guidance from Resolv on next steps **Precautionary Measures Taken:** - RLP disabled as collateral in Arbitrum Euler Yield vault - Euler Earn USDC on Arbitrum no longer allocates to Euler Yield **Expected Resolution:** Based on Resolv's commitment to honor pre-hack USR redemptions at 1:1, the Plasma market is expected to settle gradually over time. Euler continues monitoring the situation and will share updates as information becomes available.
馃彟 Euler's EVK Enables Multiple Isolated Vaults Per Asset
Euler's Euler Vault Kit (EVK) introduces a flexible architecture allowing **multiple vaults for the same underlying asset** with different risk parameters. **Key Features:** - Curators can create both conservative and aggressive markets for identical tokens - Each vault operates in complete isolation from others - Vaults can accept other vaults as collateral through the Euler Vault Connector (EVC) **Benefits:** - Expanded asset options for borrowers - Increased liquidity across markets - Customizable risk profiles for different user preferences Users can explore vault relationships and connections at [explorer.euler.finance](http://explorer.euler.finance). This modular approach gives DeFi users more choice in how they interact with lending markets while maintaining security through vault isolation.
Securitize and Euler Enable Tokenized Funds as DeFi Collateral
Securitize and Euler have launched structured, isolated lending markets that allow tokenized real-world asset funds to serve as collateral in DeFi protocols. **Key Development:** - Tokenized funds can now be used as collateral in onchain lending markets - The partnership creates isolated lending environments for regulated RWAs - Markets are curated by kpk_io **What This Means:** The integration addresses a gap in DeFi infrastructure by enabling regulated tokenized assets to participate in lending protocols while maintaining compliance requirements. Isolated markets reduce systemic risk by containing potential issues within specific asset pools. This builds on the broader trend of RWA-lending convergence, where tokenization brings traditional assets onchain and lending protocols make them functional for institutional use cases.