AlphaPing

On-chain credit curator and vault operator. Mandate-driven vaults with defined risk, liquidity discipline, and verifiable operation under stress.

[AlphaPing @0xAlphaping]

@barbiercha It's a newer platform. But don't see that as an direct endorsement. It's interesting to see that a secondary market is forming around "claims" trading. Obviously always do your own research.

[AlphaPing @0xAlphaping]

👀

[Agra @agra_gg]

In response to liquidity constraints around AlphaPing's curated Morpho markets, we've listed four pairs on Agra.

Depositors can now trade and exit these positions priced on the open market, independent of what vault utilization allows.

Pairs and links below.

[AlphaPing @0xAlphaping]

@MrT09613720 Probably best is to keep an eye on the vault. We expect more clarity and movements happen once Altura enables withdrawals again.

[AlphaPing @0xAlphaping]

@DaviXInvestment Some are using bots to front-run average users to withdraw funds. If % is enabled those bots would withdraw not just their principals, but also yield payments. Basically that allows as to retain liquidity for those users not using bot systems.

[AlphaPing @0xAlphaping]

Market participants have begun unwinding positions in the Alpha USDT Vault, driven by expectations of a positive outcome for the AVTL claim following Altura’s announcement of larger repayments from Inessa today.

[陈小萌 @MengLayer]

另一个 $AVLT 神秘大哥出手了 !

刚刚主动上手清算了 54W $AVLT ,大哥可能觉得二级买的太慢了，干脆直接清算LOOPER仓位~

目前大哥手里有120W AVLT

这么看已经有不少人押注 AVLT 可以完成unwind 全额退款了，清算说明 Looper们有救了！

[AlphaPing @0xAlphaping]

The vault itself can not release liquidity, which is not freely available. However, there are people starting to do trades together, where depositor agrees to liquidate a borrower in exchange for higher AVLT allocation.

Do your own research. Super important. Do not follow any links blindly.

[AlphaPing @0xAlphaping]

@Jimitza84 We are not running any sniper bots etc. These are community members doing trades. There are many other borrowers willing to do trades with lenders. We informed the Altura community to become active in the comment sections.

[AlphaPing @0xAlphaping]

@infiniteinsi We've informed the community that is looking for depositors to come here to the comment section.

[AlphaPing @0xAlphaping]

@SR_Royli Check DM

[AlphaPing @0xAlphaping]

@Vivian56638283 There will be another announcement from the MainStreet team today, according to them. Stay tuned.

[AlphaPing @0xAlphaping]

The reason it’s set to 0% is to prevent bots from withdrawing faster than everyone else while also claiming accrued yield, which would reduce the available liquidity for everyone else. The APY doesn’t go to us or anything like that. The spread remains in the contracts—we don’t have control over that part.

[AlphaPing @0xAlphaping]

Update on Morpho Markets

We would like to provide a factual update on several markets we are actively monitoring.

AZND

According to information provided to us, MuDigital’s official fund manager initiated the unwind of the underlying bond positions last Tuesday. Based on the latest information available to us, repayments are expected to begin as early as next week. Timing remains subject to execution by the relevant parties.

AVLT

Altura is actively working to unwind underlying RWA positions to increase available liquidity. This is intended to support withdrawals and enable borrowers to reduce leveraged positions. We remain in close communication with the AVLT community and other stakeholders.

MSY

We continue to engage actively with MainStreet regarding measures aimed at restoring market functionality, including liquidity and the peg. We are also in discussions with RedStone regarding the oracle required for the MSY market to operate normally again.

Across all affected markets, we remain in frequent communication with Morpho, counterparties, large depositors, project teams, and other relevant participants to facilitate information sharing and resolution where possible.

We understand that the current situation is stressful. We encourage everyone to rely on verifiable information and official updates, and to be cautious of speculation or individuals seeking to exploit uncertainty.

We will continue to share material updates as they become available.

[AlphaPing @0xAlphaping]

The reason it’s set to 0% is to prevent bots from withdrawing faster than everyone else while also claiming accrued yield, which would reduce the available liquidity for everyone else. The APY doesn’t go to us or anything like that. The spread remains in the contracts—we don’t have control over that part.

[AlphaPing @0xAlphaping]

@Diwoula @barbiercha Yes. It's like a matchmaker. People are apparently preparing to list the trade here: https://t.co/5o69lDIlBO

Important: DYOR!

[AlphaPing @0xAlphaping]

@DSuvorov35054 Repayments will start next week. After repayments are done we will enable the vault to operate again.

[AlphaPing @0xAlphaping]

@julian_colombo That is the highest priority we are aiming for with the teams. There will certaintly be unwinds happening, but to what extend still depends on the liquidity availability of the underlying projects.

[AlphaPing @0xAlphaping]

@barbiercha We are looking into it. We believe there are some flashloan optionalities users are using. In the Altura community people are working on solutions to reduce their debts using floashloans etc. Will check if it's related to that.

[AlphaPing @0xAlphaping]

@doctorjoe34 That's according to them. We are pushing for solutions to restore peg and ideas around buring tokens though, so they can exit positions earlier and restore market functionality.

[AlphaPing @0xAlphaping]

@cryptouncle1234 Right now it’s still too early to know how everything will play out. Our main focus is working closely with everyone involved to recover as much as possible and get liquidity flowing again.

The AVTL community is super active and eager to get the situation resolved asap.

[Altura @alturax]

Treasury Unwind Update

The Inessa unwind is underway, and transfers to Altura's bank account are now being processed through JPMorgan Chase.

We have added a new Proof of Reserves tab to the Altura app, where every transfer can be followed: https://t.co/wJE7abqaeR

As funds arrive, Inessa exposure decreases and Altura bank account exposure increases. The Altura POR dashboard reflects these changes immediately. Each transfer is also independently verified by Accountable, and their dashboard may take slightly longer to update, as reconciliation is done manually on their side.

We are scaling transfer sizes up gradually so each step clears cleanly through the banking and verification process. Today's transfers reflect that approach, and amounts are expected to increase over the coming days.

As previously stated, redemptions will open once all treasury assets have been recovered and verified, and will then be processed together, so everyone is treated equally.

For those borrowing against AVLT on Morpho, we understand this is a difficult position. To keep the process fair for all holders, redemptions are handled together rather than individually. Morpho's markets are also immutable, so the terms cannot be changed on-chain by anyone. Your position stays in your control, and you can repay and unwind on Morpho at any time.

We are grateful for the patience and trust this community continues to show, and we will keep sharing progress until the unwind is complete.