Revert Finance Publishes Postmortem on Aerodrome Vault Exploit

PancakeSwap v3 positions are now available on Revert across three major chains: BNB Chain, Base, and Arbitrum. **Key Features Available:** - Pool discovery and exploration - Strategy automation capabilities - Advanced analytics tools - Top position tracking **Coming Soon:** Revert is preparing to launch lending functionality for PancakeSwap positions. The integration provides liquidity providers with comprehensive tools to manage their v3 positions, including full historical data, live analytics, and automated compounding options across all supported chains.

**Base has surpassed Arbitrum in total borrowed funds on Revert Lend**, marking a significant shift in lending activity between the two Layer 2 networks. **Current lending rates:** - Base: 40.7% APY with 99% utilization - Arbitrum: 6.4% APY with 73% utilization The high utilization rate on Base indicates strong borrowing demand, creating attractive yields for USDC lenders. This follows a recent spike where Base briefly hit 100% utilization with lenders earning 45% APY, compared to a 30-day average of 7.8%. **Total deposits on Base are expected to be the next metric to flip Arbitrum** as lenders chase the higher yields available on the network. Revert Lend is a lending protocol designed for liquidity providers in automated market makers, with its first product being the Revert Compoundor for Uniswap v3.

Revert has partnered with Cantina to launch a security competition targeting the pricing engine for stableswap pools on Uniswap v4. **Key Details:** - Prize pool: $50,000 - Focus: Complex mathematical vulnerabilities in stableswap pricing mechanisms - Target audience: Experienced security researchers The competition challenges researchers to identify subtle bugs in the pricing logic - a critical component for maintaining stable asset pairs. This follows the trend of major DeFi protocols using competitive audits to strengthen security before deployment. Stableswap pools require precise mathematical models to maintain pegs between similar assets. Finding vulnerabilities in these systems demands deep understanding of both smart contract security and advanced mathematics. Interested researchers can participate through [Cantina's platform](https://cantina.xyz).

**Cantina has opened an audit competition** for the re-launch of Revert Lend on Aerodrome Finance, with code now available in the GitHub repository. **Key Details:** - Competition begins March 18, 2026 - Code repository: [github.com/revert-finance/lend/tree/aerodrome-slipstream](https://github.com/revert-finance/lend/tree/aerodrome-slipstream) - Security researchers and auditors can now review the codebase **Background:** Revert Lend is a lending protocol designed for liquidity providers. This marks its integration with Aerodrome Finance, expanding the platform's reach beyond its initial Uniswap v3 focus. Security auditors interested in participating can access the code repository to begin their review.

Following an incident where 5 liquidations executed underwater due to bot misconfiguration, **Revert Lend is emphasizing that its liquidation system is fully decentralized** and open to anyone. **What happened:** - Liquidator bot configuration error led to ~$1,685 in losses on the USDC vault - Losses were socialized across 50 lenders through standard bad debt mechanism - Team compensated all affected lenders proportionally via airdrop of rlUSDC shares - Compensation executed atomically in single on-chain transaction **The response:** Revert is promoting its [open-source liquidator implementation](https://github.com/revert-finance/liquidator-js) to encourage more participants to run their own bots. Liquidation fees range from 2-10%. The team has implemented improvements to bot monitoring and reserve management to prevent similar issues.