Felix Protocol Surpasses $190M TVL on HyperliquidX

**Yield-bearing $BOLD variants consistently beat traditional safe yields** Both yield-bearing versions of $BOLD have outperformed what the market typically considers "safe yield" options. The stablecoin has maintained this performance advantage over time. **Safety claims position BOLD above competitors** The protocol asserts that BOLD offers greater safety compared to established stablecoins including: - USDS - USDe - Other major stablecoins in the market This positions BOLD as both a higher-yielding and potentially safer alternative to existing stablecoin options, though independent verification of these safety claims would be needed.

The ETH carry vault on IPOR has increased its deposit caps while maintaining strong performance metrics. **Key Details:** - Current APR: **12.43%** - Historical performance: Over **10% APR** since inception - Rewards paid in **native ETH** **How It Works:** The vault operates through a straightforward two-step process: - Uses Liquity to mint BOLD stablecoin - Provides liquidity on Curve Finance The strategy generates returns by borrowing BOLD at fixed rates and providing liquidity for BOLD/USDC pairs. Revenue comes from Liquity V2's protocol earnings, which supports the sustainability of the APR. [Deposit here](https://app.ipor.io/fusion/ethereum/0xb9e806e8f2d94c015ffefa90cd24ecce18f1663c)

Liquity's BOLD Stability Pools are delivering 7%+ APR on stablecoin deposits with a unique risk profile: **Key Features:** - Yield paid in both stablecoins and ETH - Zero leverage required - No counterparty risk - No TradFi dependencies - No centralized issuer - Always withdrawable and redeemable **Additional Context:** Yearn Finance recently launched yBOLD offering 18% APR, with exposure only to Liquity Protocol. The ecosystem also includes the IPOR Liquity Carry Vault, providing ~10% APR on ETH paid in ETH, using revenue generated by Liquity V2. The Carry Vault operates by depositing ETH, borrowing BOLD at fixed rates, providing liquidity on Curve, and compounding rewards back to ETH. OpenCover now provides insurance coverage for these deposits. Deposit options available at [Dune Analytics](https://dune.com/liquity/bold-yields)

**Liquity V2 now features three isolated collateral branches:** - ETH - wstETH - rETH Each branch operates with its own Stability Pool. When a branch's Stability Pool exceeds its total debt, that branch becomes protected from redemptions. **Key rates:** - rETH: 0.5% (up to 700k) - wstETH: 0.9% - ETH: 2.79% The protocol uses immutable contracts with fixed rates set by individual borrowers. These features are now visible across Liquity frontends at [liquity.app/borrow](http://liquity.app/borrow).

**BOLD stablecoin has secured an A- rating from Bluechip**, making it the only crypto-native stablecoin to achieve an A-tier rating. This places BOLD above established competitors like USDC and DAI, which both received B+ ratings. **Key highlights:** - First crypto-native stablecoin with A-tier rating - Rated higher than USDC (B+) and DAI (B+) - Cannot be frozen, unlike centralized alternatives The rating reflects BOLD's strong fundamentals and decentralized architecture. Users can access BOLD through [Liquity's platform](https://liquity.app/borrow) or purchase it via [DeFi aggregators](https://swap.defillama.com/). View the full Bluechip rating analysis at [bluechip.org](https://bluechip.org/en/coins/bold) and read the detailed breakdown at [Liquity's blog](http://www.liquity.org/blog/bold-receives-a--rating-from-bluechip).