Frax Pioneers On-Chain Foreign Exchange with FX Pools

Wall Street giant Fidelity's Ethereum-based stablecoin **$FIDD** (Digital Dollar) is now available for trading on Curve Finance. This marks a significant step in traditional finance's integration with DeFi protocols, as Fidelity brings its institutional-grade stablecoin to one of the largest decentralized exchanges. The listing enables users to swap and provide liquidity for FIDD through Curve's automated market maker pools.

Curve Finance has released its weekly performance report for Week 24 of 2026, highlighting current yield opportunities and key protocol metrics. **Key Updates:** - Latest yield data across Curve's liquidity pools - Performance metrics for the week ending June 11, 2026 - Overview of top-performing pools and strategies The report provides liquidity providers with current APY rates and helps users identify optimal yield farming opportunities within the Curve ecosystem. This weekly analysis continues Curve's tradition of transparent reporting on protocol performance and available returns for participants. [Read the full report](https://news.curve.finance/curve-best-yields-key-metrics-week-24-2026/)

Curve DAO has initiated a vote to compensate borrowers affected by the **sDOLA vault inflation attack** through its veFunder mechanism. **Key Details:** - Proposal aims to reimburse users impacted by the security exploit - Compensation will be distributed via veFunder system - Vote is currently live on Curve's governance platform This follows Curve's ongoing efforts to protect users and maintain protocol integrity after security incidents. The community will decide whether to approve the compensation package for affected borrowers. [View the full proposal](https://www.curve.finance/dao/ethereum/proposals/1437-ownership/)

Curve Finance has launched **Llamalend v2**, a new lending framework designed around Curve's liquidity infrastructure. **Key Features:** - Use Curve LP tokens as collateral for loans - Isolated market risk to protect users - Enhanced range-based liquidations via LLAMMA technology - Strengthened market security protocols The protocol is **launching first on Optimism**, bringing DeFi lending capabilities to the Layer 2 network. Llamalend v2 builds on the original version's soft-liquidation mechanism while adding support for Curve's LP tokens as collateral—a natural fit given Curve's position as a major liquidity provider. [Read the full announcement](https://news.curve.finance/introducing-llamalend-v2/)

**Critical Alert for Arbitrum Users** Users with deposits or loans in the asdCRV LlamaLend market on Arbitrum are urged to exit immediately as a precautionary measure. **Key Points:** - The market is currently stable, but faces potential instability - Price oracle may become unreliable due to the vsdCRV exploit - Unstable oracle could trigger unexpected liquidations - Action recommended: withdraw deposits and close loans ASAP **Background Context:** This warning follows previous stress tests of LlamaLend markets. While Ethereum-based systems performed well with no bad debt, Arbitrum markets showed vulnerability due to insufficient cross-chain arbitrage activity. The current vsdCRV exploit creates additional risk specifically for the asdCRV market's price oracle mechanism, making immediate exit the safest option until the situation stabilizes.