Elixir

Powering instant liquidity for the institutional onchain economy.

[Elixir @elixir]

Elixir has worked with curators to make available funds to lenders affected by Stream’s open borrow positions on lending markets. Affected lenders can now recover USDC at the following link: https://t.co/7InUWHlbWt

For any issues, please open a ticket in our Discord. Please check the page as soon as possible as claims will only be available for a limited time.

[Elixir @elixir]

Claims contracts 2 and 3 are now live. Holders of sdeUSD and deUSD unrelated to Stream can redeem USDC 1-1 here: https://t.co/W5yrinuETo

With the sunsetting of deUSD, we aim to hand the protocol to the community in the coming weeks. Validators are advised to keep an eye out for a new firmware release - all validators above the min stake/delegation threshold will continue to earn protocol emissions.

Elixir will continue exploring all legal remedies to liquidate Stream’s positions on lending markets through a repayment from Stream. We will keep the community informed of updates.

[Pendle @pendle_fi]

Update: Compensation for Pendle's sdeUSD Pool

In coordination with Elixir, Pendle will facilitate the distribution of USDC to users who held PT, YT, LP, or SY based on their compensation framework.

Elixir has set Block 23740895 (Ethereum) as the snapshot block, and USDC will be distributed proportionately based on USD value at this block:

🔹PT: Snapshot $ value of PT
🔹LP: Snapshot $ value of LP
🔹YT: Snapshot $ value of YT (accounting for price depreciation) + any unclaimed yield
🔹Naked SY: Snapshot $ value of SY

USDC will be claimable via Pendle Dashboard (Merkle) by 28 November 2025, and we will notify users once claims are ready to go live.

[Elixir @elixir]

The claim page is now live, access it via the link here: https://t.co/gd3KysZeAg

Only use this official claim link. Any other links are scams.

[Elixir @elixir]

The claim page is now live, access it via the link here: https://t.co/gd3KysZeAg

Only use this official claim link. Any other links are scams.

[Elixir @elixir]

Elixir has worked tirelessly over the previous 48 hours and has successfully processed redemptions of 80% of all deUSD holders thus far (not including Stream).

As it stands now, Stream holds roughly 90% of the deUSD supply (~$75m), while Elixir holds a similar proportion of its remaining backing as a Morpho loan to Stream.

All remaining holders of deUSD and sdeUSD will be able to redeem for a dollar.

To protect the interest of these holders (and remove any risk of Stream liquidating deUSD before repaying their loan), a snapshot has been taken of all remaining deUSD and sdeUSD holder balances, and a claim page will go live later today. These parties will be able to claim USDC.

As a part of this, the mint/redeem infrastructure has been turned off, and we will be sunsetting deUSD in the near future. Any affected LPs in AMM pools or lending markets will be able to claim the full value of their position.

Given that Stream comprised of 99%+ of the lending positions (and has decided to not repay or close positions), we will work with Euler, Morpho, Compound and the curators moving forward to help distribute repayment of the Stream loan to liquidate these positions. We still believe this will be honored 1 for 1.

We will follow up to this post later today with claim page information.

[Elixir @elixir]

To clarify the above, we’re effectuating USDC claims for any deUSD or sdeUSD holders, which for the purpose of this communication includes LPs who supplied sdeUSD/deUSD collateral on lend/borrow platforms, AMM LPs, Pendle LPs, etc.

deUSD holds no value and the stablecoin has been sunset. Please do not buy or make investments into deUSD, including through AMMs

[Elixir @elixir]

During the past 24hrs we have heard concerns around Stream Finance' xUSD.

Elixir has full redemption rights at $1 with Stream for its lending position. We are the only creditor with these 1-1 rights.

deUSD remains fully backed and Elixir is beginning the process of unwinding its lending position to Stream, working with the team directly.

[Elixir @elixir]

@0xOnkel @CurveFinance @StakeDAOHQ @fraxfinance 👀

[Elixir @elixir]

@KeyringNetwork @eulerfinance @avax 🔥

[Frax Finance ¤⛓️¤ @fraxfinance]

Our top pool on @CurveFinance is frxUSD/deUSD with @elixir.

Elixir powers deUSD, a fully collateralized, yield-bearing synthetic dollar, bringing funds from BlackRock, Hamilton Lane, and others to DeFi.

Get started: https://t.co/gI9R3W1UWB

[Keyring Network @KeyringNetwork]

Keyring expands zkVerified vaults with @Elixir

A new deUSD vault is now live on @avax via @eulerfinance - the stablecoin used by BlackRock, Hamilton Lane, and Apollo to enter DeFi.

Access institutional-backed yield through anonymous verification without exposing personal data.

[Elixir @elixir]

Join @0xphilip @Rabeel @0xrajendra + @aslan_web3 today, for an X space to discuss Stable Yield Optimization on @SuiNetwork

📅10.24
⏰11am EST | 3pm UTC

Set reminder: https://t.co/r6NHkDCPGM

[Yei Finance @YeiFinance]

On Thursday at 10 AM UTC, the sfastUSD supply cap will be raised to 10 million!

sfastUSD is @Elixir’s RWA-backed, yield-bearing stablecoin, anchored by institutional-grade assets from leading financial giants like BlackRock, Hamilton Lane, and Apollo.

[Elixir @elixir]

To read more, please visit our blog:

https://t.co/xHD6paddDw

[Elixir @elixir]

Elixir is now live on @SuiNetwork

This marks a significant milestone in our mission to provide institution-friendly stable assets on every chain. Powered by @LayerZero_Core

Check out deUSD's new integrations with four of Sui’s premiere DeFi applications ⤵️

[LayerZero @LayerZero_Core]

LayerZero is live on @SuiNetwork, making the sub-second chain accessible to over 600 apps and $80 billion in tokens, including:

▪ @BitGo's WBTC
▪ @elixir's deUSD
▪ @OndoFinance's USDY

Sui is fast, private, secure.

And now connected to all of crypto.

[Elixir @elixir]

@suilendprotocol - sdeUSD is also live on Sui's largest lend/borrow application

Access deep borrow liquidity and earn yield when lending:

https://t.co/PRkKV3pFsE