Frax is launching one of the first on-chain foreign exchange pools in partnership with KrwqCash, marking a significant step toward bringing traditional FX markets onto blockchain infrastructure.
Key Developments:
- Frax and KrwqCash are piloting FX pools to enable decentralized currency trading
- frxUSD will play a central role in these emerging on-chain FX markets
- Incentives are planned for the Curve Finance pool with KrwqCash
This initiative represents an expansion of DeFi beyond crypto-native assets into traditional financial markets, potentially offering 24/7 trading and transparent pricing for foreign exchange.
Frax @fraxfinance is among the first to try FX pools (with @KrwqCash). Foreign exchange will be on chain!
frxUSD's role in on-chain FX markets is only going to continue to grow. Incentives coming soon to our @CurveFinance pool with @KrwqCash 馃嚢馃嚪
EURe Pool Hits 150% Utilization as FX Demand Surges on Curve

A Curve Finance EURe pool on Gnosis Chain is experiencing sustained high utilization at 150%, signaling growing demand for foreign exchange trading in DeFi. **Key Points:** - The pool runs on 2021-era code but continues to function effectively - Developers hint at improved infrastructure coming for EURe - High utilization suggests increasing appetite for stablecoin FX pairs The sustained demand indicates that decentralized foreign exchange markets may be reaching a maturation point, with traders actively seeking euro-denominated stablecoin liquidity. [View Pool](https://www.curve.finance/dex/xdai/pools/0x056c6c5e684cec248635ed86033378cc444459b0/deposit)
Curve Finance Releases March 2026 Monthly Recap
Curve Finance has published its monthly recap covering all developments and activities from March 2026. The DeFi protocol, known for its stablecoin and asset exchange pools, documented the month's key events and updates. This follows their established pattern of monthly recaps, with January's report also highlighting a busy period of activity. **Key Points:** - Monthly recap covers March 2026 developments - Continues Curve's regular reporting cadence - Available on the official Curve news platform The full recap is available at [news.curve.finance](https://news.curve.finance/curve-monthly-recap-march-2026/).
LlamaRisk Releases sDOLA Attack Postmortem: $822k Borrower Losses, Curve DAO May Compensate

**Attack Details and Impact** LlamaRisk published a postmortem analyzing the sDOLA market liquidations on LlamaLend. The exploit resulted in: - **$822,000 in borrower losses** through forced liquidations - **~$200,000 profit** for the attacker - Lenders remained unaffected **Root Cause** The attack exploited a combination of factors: - Price oracle vulnerability to donation attacks - Limited sDOLA liquidity outside the collateral market - Specific handling requirements for vault collaterals in LlamaLend **Potential Compensation** Curve DAO is considering compensating affected borrowers for the $822k loss, pending community discussion and governance vote. **Security Learnings** The incident provided critical insights before LlamaLend V2's release. Developers noted the attacker likely would have earned more through a responsible security disclosure than the exploit itself. The team is now incorporating oracle code from unreleased 2-way markets as mitigation for future vault collateral markets.
Curve Finance Releases Week 8 Yield Performance Report

Curve Finance has published its weekly yield report for Week 8 of 2026, providing an overview of the platform's best-performing liquidity pools and key performance metrics. The report continues Curve's regular practice of tracking and sharing yield opportunities across its decentralized exchange protocol. This follows the previous week's yield analysis from Week 7. **Key aspects typically covered in these reports include:** - Top-performing liquidity pools by APY - Trading volume metrics across different pools - Total value locked (TVL) changes - CRV token emissions and rewards distribution These weekly reports help liquidity providers make informed decisions about where to deploy their capital within the Curve ecosystem. Full details: [Curve Week 8 Report](https://news.curve.finance/curve-best-yields-key-metrics-week-8-2026/)