vaults

Bitget announced a partnership with the U.S. licensed brokerage Atomic Vaults (AVS), which will provide underlying support for Bitget's recently launched U.S. stock direct connection service "Bitget U.S. Stocks." AVS is a registered broker-dealer with the U.S. SEC, a member of FINRA and SIPC, with a nominal monthly trading volume exceeding $20 billion, offering institutional-grade trading infrastructure and compliant access to the U.S. stock market.It is understood that Bitget's U.S. stock business has formed a dual-track layout. On one hand, it provides stock token (rToken) trading through the compliant RWA protocol Reality, and on the other hand, it offers real stock direct connection trading through AVS. This "tokenization + direct connection" dual-track model aims to meet the differentiated needs of different users regarding asset ownership forms and trading experiences, further consolidating its competitiveness in the multi-asset trading field.

Avalanche Treasury Company officially listed on Nasdaq under the code AVAT on Thursday, but faced a sell-off on its first day of trading, with the stock price dropping 16% from the opening to close at $1.85.The company completed its listing through a merger with SPAC Mountain Lake Acquisition, with a total transaction size of approximately $675 million, and received support from institutions such as Dragonfly, Pantera, ParaFi Capital, VanEck, Galaxy Digital, and Kraken.Avalanche Treasury holds approximately 15 million AVAX tokens, aiming to provide investors with exposure to the Avalanche ecosystem without the need to hold the tokens directly. CEO Bart Smith stated that this strategy is not a direct bet on price, but rather a long-term investment in the potential for institutional financial restructuring.Although the Avalanche ecosystem has attracted over 550 projects and more than $1 billion in institutional funds since its launch in 2020, its native token AVAX has recently faced significant pressure, with prices falling back to near five-year lows.Market data shows that AVAT's first-day performance continued the generally weak trend of crypto "Digital Asset Treasury (DAT)" companies. Previous related listings such as Strategy, Bitmine, and SOL Strategies have all experienced significant pullbacks, reflecting ongoing valuation pressure for such assets in the crypto bear market environment.

Coinbase announced on Wednesday the launch of two on-chain USDC lending vaults on Morpho, with Steakhouse Financial serving as the risk curator, providing users with lending options at different risk levels for the first time. The Prime vault adopts a conservative strategy, using blue-chip crypto assets like BTC and ETH as collateral, with yields ranging from approximately 3.5% to 4%. The High Yield vault accepts a broader basket of collateral, including assets issued by Ethena, with an annualized yield of about 8.79% supported by Ethena's government bond-backed stablecoin USDtb.Morpho provides a non-custodial lending infrastructure, with Steakhouse Financial managing approximately $2.03 billion in Morpho vault TVL, leading the second place by about $1 billion. Coinbase's collaboration with Ethena predates the launch of these vaults, as Coinbase Ventures purchased ENA tokens on the open market in June as part of a broader distribution agreement.

Regarding the rumors that the Resolv Labs stablecoin security incident has a significant impact on Morpho, Morpho co-founder Paul Frambot clarified in a post on X that this incident has indeed affected USR and related assets (such as RPL), and has impacted the lending market that uses them as collateral. However, among the approximately 500 Morpho Vaults with deposits exceeding $10,000, only about 15 vaults have significant exposure to the related market (over $10,000). The affected vaults are primarily positioned as high-risk strategies, using long-tail collateral assets, while other vaults that do not have related exposure (including low-risk Prime Vaults) have not been affected.Paul Frambot advised users to continue to pay attention to communications and updates from Resolv Labs and related Curators to get the latest developments on specific vault risk exposures.

The Ethereum Foundation announced on platform X that it will deploy 3,400 ETH to Morpho Vaults, with 1,000 ETH entering Morpho Vaults V2.

Lido tweeted that the V3 Phase 3 has been launched. Now, all stVaults can mint stETH without permission, and the minting limits for identified node operators have also been increased. The initial deployment work for Lido V3 has now been fully completed.

According to Sentora, there are currently 368 entities holding crypto asset vaults, with a total scale exceeding $185 billion. Among them, publicly traded companies account for 59.3%, private companies for 13.7%, totaling 73%; government agencies hold 25.6%. DAOs, non-profit organizations, and other categories account for a smaller proportion.

According to Decrypt, influenced by the Federal Reserve's interest rate cuts and new FASB regulations, the crypto asset treasury (DAT) dominated by Bitcoin and Ethereum recorded a net inflow of $2.6 billion over the past two weeks, marking a seven-week high.Strategy Company purchased over 20,000 BTC in two separate transactions within a week, totaling nearly $2 billion. Market data shows that funds are primarily flowing into BTC and ETH, reflecting institutions' trend of "seeking safety in quality." Analysts suggest that the DAT structure may be more attractive in the long term due to the ability to earn staking rewards and participate in mergers and acquisitions, compared to spot ETFs.

According to CoinDesk, the Bitcoin staking project Babylon has partnered with the decentralized lending protocol Aave, allowing Bitcoin to be used as collateral directly without the need for wrapping or centralized custody.In addition to lending services, Babylon is also preparing to expand its treasury design into the DeFi insurance sector, enabling Bitcoin to serve as insurance coverage for collateral against protocol hacks. If no claims occur, the Bitcoin deposited in the insurance pool will generate returns; when a hacking incident occurs, this Bitcoin will provide liquidity for claims. Babylon is collaborating with Aave to combine Babylon's Trustless Vaults with Aave's "hub-and-spoke" architecture.Babylon will build a dedicated Bitcoin-backed "branch" within Aave's lending "hub," allowing users to deposit Bitcoin on its base chain while borrowing stablecoins and other assets in Aave's market. The testing plan is set to launch in early 2026, with the product expected to be released around April.

Morpho co-founder Merlin Egalite issued a statement in response to the "insufficient liquidity" of some liquidity pools, indicating that when the market is under pressure, people tend to choose to reduce risk. This means that many lenders will simultaneously attempt to withdraw all their funds, leading to increased capital utilization and decreased liquidity, and in extreme cases, a situation where there is no available liquidity in the short term. This is not a flaw in the system, but rather a natural response mechanism of the lending pool under stress. To restore balance, the interest rate model will automatically raise borrowing rates.Taking Morpho as an example, its target capital utilization rate is 90%, which means that in most cases, about 90% of the deposited funds will be lent out. When the utilization rate spikes to 100%, the interest rate will increase fourfold. In the vast majority of cases, market interest rates typically restore balance within a few minutes (around 90% utilization), while during periods of greater market stress, recovery may take several hours.Furthermore, the so-called "insufficient liquidity" is localized and controllable, only appearing in individual markets that are out of balance. A few days ago, among Morpho's 320 liquidity pools, only 3-4 experienced a brief period of insufficient liquidity, while the rest of the vaults were operating normally. Therefore, claims that "the entire protocol is out of liquidity" are misleading. Insufficient liquidity does not equate to losses or bad debts. It simply means that a large amount of funds are borrowed out in the short term, and the market will respond in real-time, repricing risk and seeking new equilibrium.

According to ChainCatcher news and the official blog, Aptos Labs has officially launched a unified multisig wallet solution called Petra Vault on the Aptos network. This product is designed to provide enterprise-level security and an intuitive design for teams and individual users.The main features of Petra Vault include: Compatibility: Supports direct import of vaults from existing Aptos multisig platforms such as Rimosafe and MSafe without the need to reset governance. Security: Built-in transaction simulation feature allows users to preview transaction results before broadcasting to mitigate risks; can also be used in conjunction with Aptos Keyless to distribute signing authority across different platforms such as Ledger, Google, and Apple accounts. Usability: Provides preset proposal templates for common operations like sending tokens and updating owners to accelerate execution speed.

ChainCatcher news, according to official sources, Morpho Vaults V2 has officially launched today and is now live on Ethereum, with plans to deploy on other chains soon.This version retains the reliable experience of Morpho Vaults V1 while introducing several innovative enhancements: it allows users to allocate assets to current and future Morpho protocols, including Morpho Market V1 and the upcoming Morpho Market V2; it implements configurable separation of duties to support institutional-level compliance; it introduces a new ID system that allows curators to set absolute and relative limits based on shared risk factors; through optional gated contracts, Vault creators can implement complex access rules; users can redeem their holdings in the Vault via flash loans, even if the Vault lacks immediate liquidity.

ChainCatcher message, according to Lookonchain monitoring, a whale (address 0xAbCdE123...) withdrew 10.19 million USDC from HLP Vaults and deposited 5 million USDC into Hyperliquid to purchase HYPE. As of now, the whale has acquired 114,872 HYPE, worth 5.58 million dollars. The whale still holds 9.85 million USDC and may continue to purchase HYPE.

ChainCatcher news, the Solana ecosystem liquidity protocol Kamino announces the upcoming launch of two new high-yield vaults for USDC and USDG, based on Steakhouse custody.

ChainCatcher message, Zhao Changpeng posted on X platform responding to multiple former hedge fund executives' plan to raise $100 million to create a BNB financial strategy public company: "There are other markets in the world. I heard that several companies are doing this. So far, none are led by me/us. But we are very supportive.BNB is a native token of a public blockchain and is not a token 'associated with Binance Holdings Ltd or Binance centralized exchange.'"

ChainCatcher news, according to official news from PsyFi, a financial tool provider in the Solana ecosystem, PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop platform support on May 1, 2025. The platform has currently entered a mode that only supports withdrawals, and the official reminds users to complete fund withdrawals before this date to ensure asset safety.In addition, PsyFi stated that it may share contract addresses and IDL in the future for users who need to interact directly with the smart contracts.

ChainCatcher news, according to official information, the multi-chain liquidity re-staking protocol Bedrock has officially announced the closure of the Veda Vault. Deposit users will have one week to withdraw their assets. This closure only affects the Veda Vault, while the other Bedrock Vaults will continue to operate.

ChainCatcher news, Solana developers have created a quantum-resistant vault on the Solana blockchain to protect user funds from potential threats posed by quantum computers.Cryptography researcher Dean Little explained in a GitHub post that the "Solana Winternitz Vault" solution achieves this by implementing a complex hash-based signature system that generates new keys with each transaction. Generating new private keys for each transaction should make it more difficult for quantum computers to mount a coordinated attack on any given set of public keys, as these public keys are exposed every time a transaction is signed.The quantum-resistant feature of Solana is currently offered as an optional add-on rather than a network-wide security upgrade. This means that Solana users must choose to store their funds in the Winternitz vault instead of the regular Solana wallet to ensure their assets are protected from potential quantum threats.