Alchemix

**Security experts to examine DeFi's potential** as a legitimate financial system in upcoming discussion. - @Ov3rKoalafied and Mitchell Amador from @immunefi will host X Spaces session - **Focus on history, security, and future** of decentralized finance - Discussion coincides with completion of v3 audit contest reports **Event Details:** - Date: December 16th - Time: 2PM UTC - Platform: X Spaces The conversation aims to address whether DeFi can evolve beyond experimental protocols into robust financial infrastructure. Security remains a critical factor in mainstream adoption. [Set reminder here](https://x.com/i/spaces/1DXxyWakAjYGM?s=20)

**Alchemix delivered solid Q2 2025 results** with global deposits reaching over $45 million, marking 12.9% quarterly growth. **Key achievements include:** - Secured 100,000 OP token grant for user incentives - Enhanced security through partnerships with Cantina & SEAL - Launched Holyheld Debit Card beta program - Maintained growth momentum ahead of v3 launch The DeFi protocol continues building despite market volatility, following Q1's resilient performance during ETH's 45% decline. [Read the summary](https://alchemixfi.medium.com/alchemix-q2-2025-report-summary-d31ec98cc4a9) | [Full report](https://docs.alchemix.fi/resources/audits-and-reports/financial-reports)

**Community-driven win for Safe Harbor adoption** We secured the @_SEAL_Org Adopter award thanks to strong community engagement and support. **Key highlights:** - Award recognizes Safe Harbor adoption efforts - Community participation was crucial for the victory - Organizations can still adopt Safe Harbor protocols **What's next:** If your organization hasn't explored Safe Harbor yet, now's the time to check out their offerings. *Thanks to everyone who engaged and made this win possible.*

**Immunefi audit competition launches October 14th** at 14:00 UTC with **$100,000 in rewards** up for grabs. The two-week security audit will focus on the v3 system, offering substantial bounties for vulnerability discoveries. - **Start date**: October 14th, 2:00 PM UTC - **Prize pool**: $100,000 total rewards - **Duration**: Two weeks - **Focus**: System-wide v3 audit A code walkthrough session is planned to help participants understand the codebase before the competition begins. Security researchers and auditors can participate in this bug bounty program to help strengthen the platform's security infrastructure.

**Final system-wide audit confirmed** for Immunefi's V3 platform. - **Start date**: October 6th - **Duration**: Two weeks - **Scope**: Complete system review This marks the final security assessment before V3 launch, following initial audits that began in February.

Euler's V3 protocol has officially entered the audit phase, marking a significant milestone in its development roadmap. Three respected firms will conduct comprehensive security reviews: - ChainSecurity - SpearbitDAO - OpenZeppelin This follows the successful completion of multiple audits for Euler v2 in April 2024. The audit phase represents one of the final steps before the V3 deployment. *Security remains a top priority* as Euler continues building robust DeFi infrastructure.

Alchemix has released its Q3 2024 Financial Report covering July through October. The protocol showed significant growth across multiple chains: - Improved pricing for alETH and alUSD tokens - 112% expansion on Arbitrum network - 20% growth on Optimism chain The report demonstrates continued expansion of the self-repaying loan protocol across Layer 2 networks. Full details available in the comprehensive report and summary on Medium.

Beefy Finance has introduced new Concentrated Liquidity Management (CLM) vaults for alETH-alUSD pairs on Optimism. - The vaults feature auto-compounding yield functionality - Users can choose between 50/50 or single-sided positions - CLM technology optimizes utilization for enhanced yields Available now on app.beefy.com under the Optimism network selection. *Visit Beefy Finance to explore these new yield opportunities.*

Current high-yield opportunities for alAssets across major networks: - **Arbitrum** (via Ramses Exchange): - alETH-ALCX: 108% APR - alUSD-alETH: 88% APR - **Optimism** (via Velodrome): - alETH-OP: 35% APR - alUSD-USDC: 31% APR - **Mainnet** (via Convex): - ALCX-FRAXBP: 118% APR - alUSD-FRAXBP: 32% APR Track current yields at alchemix-stats.com/earn

Alchemix announces the retirement of rewards for the alUSD-3CRV Curve pool after more than three years. The current reward epoch will conclude on October 16th, 2024. Key points: - Rewards for alUSD-3CRV Curve pool ending - Last reward epoch ends October 16th, 2024 - Liquidity providers encouraged to explore alternatives Alchemix recommends that current liquidity providers in this pool investigate other incentivized opportunities. For more information on available options, visit: https://alchemix-stats.com/earn **Action item:** If you're currently providing liquidity in the alUSD-3CRV pool, consider exploring alternative incentivized opportunities before October 16th.