LlamaLend Market Update: Stress Test and Arbitrage Opportunities
LlamaLend Market Update: Stress Test and Arbitrage Opportunities
馃敟 Stress Test, Arb Profits
LlamaLend, a decentralized lending protocol on Ethereum and Arbitrum, reported that its systems functioned correctly during recent market volatility, with no bad debt incurred. However, borrowers using non-BTC and non-ETH collaterals experienced rapid losses and are advised to monitor volatility if in soft-liquidation. On Arbitrum, cross-chain arbitrage traders appeared to miss opportunities with CRV and FXN tokens, resulting in 0.7% ($7k) of CRV market debt being under-collateralized. The update emphasizes the importance of arbitrage for LlamaLend and calls on arbitrage traders to participate and profit while supporting the system.
1/6 Pretty interesting market action which stress-tested lend.curve.fi. Let's dive in.
CRV Emissions Reduction and 5-Year Milestone Approaching
Curve Finance's CRV token is approaching its 5th anniversary with a programmed emission reduction on the horizon. The protocol's emission schedule shows: - Aug 2023-2024: 163M CRV emitted - Aug 2024-2025: 137M CRV emitted Currently, 154M CRV remains locked since mid-June 2024. This automated reduction requires no governance voting and aligns with Curve's original tokenomics design. [Learn more about the emission schedule](https://news.curve.finance/crv-emission-rate-gets-a-cut-as-programmed/)
Curve Finance Maintains Strong Yield Performance in Week 3
Curve Finance continues to demonstrate consistent yield performance in the third week of 2025, maintaining the positive trend observed since the start of the year. Key metrics: - Weekly yield reports show sustained stability - Multiple pools maintaining competitive returns - Trend continues from previous weeks' positive performance This marks the third consecutive week of notable yields in 2025, following the reporting structure implemented in December 2024. *Note*: Detailed pool-specific data available in the full report.
Coinbase cbBTC Swap Demand Surges
The demand for swapping Coinbase's cbBTC continues to rise, with notable metrics: - **Pool utilization** reaches 150% - **Unincentivized APR** stands at 7.6% This trend has persisted for at least two days, indicating sustained interest in cbBTC swaps. The high pool utilization suggests increased trading activity, while the attractive APR may draw more liquidity providers to the pool. Traders and investors should monitor these metrics closely, as they may impact swap costs and potential earnings from providing liquidity.
Temporary Message on Site
A brief announcement has been posted on the website, stating: - The message will only be visible for a few weeks - It will not be required after that period This temporary notice appears to be informing users about a short-term change or update. No further details about the content or purpose of the message are provided. **Action:** Check the website regularly for any updates or changes related to this temporary message.
ChainSecurity Audits Curve's Fee Splitter
ChainSecurity has conducted an audit of Curve's fee splitter, as reported on October 2, 2024. The audit report is available on ChainSecurity's website. Key points: - Audit focused on Curve's fee distribution mechanism - Report accessible at chainsecurity.com/security-audit/curve-fee-splitter - Aims to ensure security and efficiency of Curve's fee allocation system This audit is crucial for Curve's DeFi ecosystem, potentially impacting liquidity providers and protocol users. Stakeholders are encouraged to review the findings for a better understanding of the fee splitter's security status.