Yearn

**Yearn's OEV-boosted USDC vault on Morpho has received an A rating**, joining highly-rated vaults from Stakehouse and Gauntlet. The vault utilizes **Oracle Extractable Value (OEV) technology** to recapture value that would otherwise be lost to MEV bots, redirecting it back to depositors as enhanced yield. **Key highlights:** - A-grade rating validates vault's risk management and performance - Part of Yearn's expanding curation services on Morpho - OEV-boosting technology provides sustainable yield enhancement - Previously surpassed $10M in deposits milestone Yearn continues to demonstrate its **best-in-class vault curation and monitoring capabilities** across the Morpho ecosystem, offering institutional-grade DeFi products with enhanced risk assessment.

**Yearn Finance successfully recovered 857.49 pxETH worth $2.39 million** through a coordinated effort with Plume and Dinero teams. **Key Details:** - Recovery operation targeted yETH-related assets - Transaction confirmed on Ethereum blockchain - **Recovery efforts continue actively** - All recovered assets will be returned to affected depositors **Important Security Note:** Users should remain vigilant against impersonators claiming to represent Yearn Finance. The recovery represents significant progress in addressing the exploit damage, with ongoing efforts to retrieve additional funds for affected users.

**Yearn Finance suffered a $9 million exploit** on November 30 at 21:11 UTC targeting the yETH stableswap pool. **Damage breakdown:** - $8M lost from the impacted stableswap pool - $0.9M from the yETH-WETH pool on Curve - **Total: $9 million** The attack involved minting large amounts of yETH through a vulnerability in custom stableswap code. **Yearn V2/V3 vaults remain unaffected** and secure. **Response efforts:** - War room activated with SEAL911 and ChainSecurity - Full postmortem investigation underway - Complexity similar to recent Balancer hack Yearn emphasized that **no other products use similar code** to the exploited contract. The team is conducting thorough analysis and will implement lessons learned. Affected users can seek assistance through Yearn's [Discord support](https://discord.gg/yearn/). The protocol maintains detailed [security documentation](https://docs.yearn.fi/developers/security/#third-party-audits) covering audit history and vulnerability disclosure processes.

**Yearn has confirmed that its Curated Morpho vaults remain secure** following an investigation into the yETH LST stableswap pool incident. Key safety confirmations: - **yETH/st-yETH tokens were not used as collateral** on any markets - All Curated Morpho vaults are operating normally - No user funds in these vaults were at risk This follows earlier reports of an incident involving the yETH LST stableswap pool, which prompted the investigation. **Yearn's V2 and V3 vaults were already confirmed as unaffected** by the initial incident. The confirmation provides clarity for users of Yearn's Morpho integration, ensuring that collateral exposure was limited and vault operations continue without disruption.

**Yearn's new USDS vault through Term Labs is gaining traction**, offering depositors an average **6% yield** through a dual-strategy approach. The vault operates by: - Earning **7.5% APY** on ~69% of deposits through fixed-rate lending - Generating **4.8% APY** on remaining funds via Yearn's USDS vault - Providing additional **Cap Money points** on collateral Term Labs uses **sealed-bid auctions** every ~4 days to match lenders with borrowers seeking loans against blue-chip collateral. Currently serving a **$445K USDS loan** for 45 days at 7.5% annualized rate, backed by fixed-duration cUSD collateral. **Idle funds aren't wasted** - they're automatically allocated to Yearn's USDS vault until the next auction, maximizing yield efficiency. Yearn's DAI-2 vault also participates by converting DAI to USDS at 1:1 ratio before depositing into the Term strategy.

**Yearn Finance** is hosting a Twitter Space discussion focused on bringing **transparency, security, and better risk practices** back to DeFi markets. The conversation centers around the question: *How do we make DeFi Cypherpunk again?* **Featured Partners:** - @LiquityProtocol - @asymmetryfin The discussion aims to address current challenges in decentralized finance and explore solutions for returning to DeFi's original principles of transparency and security. [Set a reminder for the Twitter Space](http://x.com/i/spaces/1vAGR)

**Yearn Curation has grown to $160M TVL** since launching in July, positioning itself as a security-focused curator in the DeFi lending space. **Key Performance Metrics:** - WETH Vault: $46M TVL, 3.8% yield (3rd largest WETH vault) - USDC Vault: $29M TVL, 4.74% yield with OEV boosting - Curates 2 of 3 highest TVL vaults on Katana **Risk Management Framework:** - Multi-dimensional risk scoring across 8 categories - Continuous monitoring of all vault strategies - In-house risk capabilities built for Morpho Labs integration **"Know Your Curator" Philosophy:** Yearn emphasizes transparency in curation practices, contrasting with recent concerns about opaque lending practices in DeFi. Their approach prioritizes fund safety over maximum yields. The platform leverages existing vault curation expertise to manage Morpho vaults, ensuring strategy alignment with user risk preferences while maintaining immutable code with configurable parameters.

Yearn Finance has launched a new USDC vault that leverages API3's Oracle Extractable Value (OEV) network to boost yields. The vault represents a shift in how liquidation value is captured in DeFi lending markets. Previously, liquidator bots competed through gas price auctions, with most value going to validators. API3's OEV network changes this by: - Obscuring oracle data - Auctioning data to liquidators - Redirecting value from validators to protocols Key Benefits: - Enhanced yield potential - Exclusive use of API3 oracles - Increased oracle diversity [Learn More](https://forum.morpho.org/t/new-oev-boosted-vaults-by-yearn-api3/1833)

Yearn Finance announces yBOLD, a yield-bearing version of BOLD built on Yearn V3. Key features include: - Oracle-free architecture - Permissionless access - Automatic yield optimization - Zero entry/withdrawal fees - Integration with Yearn's Dutch Auctions The upgrade enables users to earn yields while maintaining BOLD exposure. Additionally, @asymmetryfin is developing sUSDaf, among other yield-bearing Liquity V2 projects in development. Previous implementations showed potential for: - Use as productive collateral on platforms like Euler - Advanced yield strategies via Spectra and Pendle - Exposure to 15+ fork rewards through Stability Pool deposits

Yearn Finance has launched Horizon Vaults on Base network, offering professional-grade yield opportunities for multiple assets: - Supported tokens: WETH, USDC, cbBTC, cbETH - Built for precision yield optimization - Designed for professional traders and institutions - Available on Base network for faster transactions Access the new vaults at [Yearn Finance](https://yearn.fi/v3?search=horizon) *Note: These vaults represent Yearn's strategic expansion to Base network, focusing on institutional-grade yield generation.*