Shokker

Software Engineer | Prev. @liqwidfinance @swadeDEX

[Shokker @Shokker_ftn]

@iFeyz2 Totalement d’accord, et même les réponses dans les commentaires c’est la même chose

[Shokker @Shokker_ftn]

@F900102 @liqwidfinance @liqwidintern Yes, it moves quickly, the demands are huge, and many users have deposited their tokens

[Shokker @Shokker_ftn]

Juicy yield on $NIGHT right now: 41.6% APY with almost 36M tokens supplied to the protocol 💧

If you’re a holder, you know exactly where to park it for secure returns
@liqwidfinance is the place

[Shokker @Shokker_ftn]

@Defipeniel @liqwidfinance @liqwidintern Definitely and the supply cap is almost reached as well, so if you're holding $NIGHT, I recommend doing it quickly 🚀

[Shokker @Shokker_ftn]

@CaoMinhWeb3 @liqwidfinance @liqwidintern

[Shokker @Shokker_ftn]

@adaisfreedom @liqwidfinance Yes

[Shokker @Shokker_ftn]

@blockjock2017 The fees on NBX are too high, I'm not even talking about the high trading fees, but there is a withdrawal fee of 9 USDM, meaning that if you withdraw 50 USDM, you are charged a 20% fee

[Shokker @Shokker_ftn]

@IntersectMBO @IOGroup @Cardano_CF @emurgo_io @midnightfdn Exciting news!

[Shokker @Shokker_ftn]

@OservEsport Shokker

[Swade @SwadeDEX]

The new Liqwid upgrade is live 🔧
Supply & withdraw multiple assets at once.
Simpler, Cheaper, Smarter.
Liqwid x Swade, smarter Cardano DeFi 💧

[Swade @SwadeDEX]

A sneak peek at what’s next 👀
Multiple actions. One transaction.
Supply & withdraw multiple assets at once, simpler, cheaper, smarter.
Simplifying DeFi. Reducing fees. Making Cardano DeFi better.
Coming soon — and it’s just the beginning💧
@liqwidfinance

[Shokker @Shokker_ftn]

@Nikkash4 @liqwidfinance Hey, if you want to see the current accrued interest for a specific loan, just hover over the amount, a tooltip will appear showing the accrued interest

[Swade @SwadeDEX]

Buy the dip, they said 📉
We say: use Swade and make that dip worth it 😎

[Shokker @Shokker_ftn]

@Aquafarmer9974 The beauty of @liqwidfinance

[Liqwid @liqwidfinance]

$NIGHT Token Allocation — Preview Now Live

Liqwid users who supplied ADA at the Midnight snapshot

🕒 June 10, 2025 at 23:57 UTC (block height 11980709)
can now preview their $NIGHT token allocation in the Sundae Rewards app.

Here’s how it works:
 • Once the first $NIGHT unthaw is announced, the Liqwid Core Team will claim all tokens and transfer them to the Sundae Rewards System.
 • Then 90, 180, and 270 days afterwards, the Liqwid Core Team will repeat this process for the 2nd, 3rd, and 4th unthaw.
 • This means the Liqwid $NIGHT allocation will be distributed in 4 equal parts, each 90 days apart.
 • From announcement → claim availability, please allow 24–48 hours for processing.

Check your preview allocation now and stay tuned for the claim announcement.
🔗 https://t.co/8m42MXijFI

Rewarding ADA suppliers who supported Liqwid at the Midnight snapshot. 💧
#Cardano #DeFi #LiqwidFinance #NIGHT #Midnight

[Liqwid @liqwidfinance]

💧 Liqwid DAO Catalyst Voting Results — Fund14

The community-backed SubDAO selected 50 proposals across Cardano DeFi, RWA, and infrastructure.
20 were approved by community vote — and 85% received full funding.

 🔹 Overview
• 50 proposals reviewed by Liqwid Catalyst SubDAO
• 20 winners chosen through community voting
• 85% of those proposals were funded 🎯

This marks another step in supporting builders strengthening Cardano’s DeFi, tooling, and real-world integrations.

🏆The Winners: (grouped by category)

🏗️ DeFi & Infrastructure Builders Supported by Liqwid DAO
• @artifex_labs – Open DJED
• @Ctrl_Wallet – CTRL Wallet Cross-Chain Integration
• @pragma_org – Extend Pallas
• @KimaNetwork – Interoperability Layer
• @ZengateGlobal – Metals & Minerals RWA

📊 Ecosystem Tools & Oracles
• @Oraclecharli3 – Open Source SDK
• @Oraclecharli3 – Dendrite v2 (Data Upgrades)
• @Oraclecharli3 – Open Source Oracle Marketplace
• @3rdEyeLabs – OpenMM: Market Making Toolkit
• @3rdEyeLabs – Cardano DeFi SDK (Dexter & Iris V2)

💰 Bridges, Prediction, & Lending Protocols
• @FluidTokens – Bifrost: BTC–ADA Bridge
• @strikecardano / @BodegaCardano – Prediction Market Perpetuals
• @MinswapDEX – Leverage Trading (Market & Limit Orders)
• @Indigo_protocol – V3 CNT-Backed Collateral

🧠 Developer & Research Contributions
• @AnastasiaLabs – Smart Contract Design Patterns (Conway+)
• Plutus Debugger VSCode Plugin (👋 @phil_uplc)
• @TyphonWallet – Secure Multi-Sig Support
• @trivolvetech – Agriculture Settlement
• @vellumlabs / @cexplorer_io – Mini Cardano Explorer
• @sovereignsignal – Funding Impact Framework (Catalyst/Builder DAO)

See the results here: https://t.co/cGUw6KOkWW
#Cardano #Catalyst #LiqwidDAO

[Shokker @Shokker_ftn]

@_KtorZ_

[Shokker @Shokker_ftn]

@DanogoFinance @IOHK_Charles Alright, but according to him, it still held its peg, a few hours later, it was back to $1

[Charles Hoskinson @IOHK_Charles]

@TheTokenKeeper Holding a peg doesn't mean it stays exactly at a dollar 24/7, it means that it recovers to the peg rapidly after a massive shock. Luna collapsed under 1/4th the strain

[Shokker @Shokker_ftn]

@DanogoFinance @IOHK_Charles Have you read what they’re saying?
It’s just one of the many key points explaining why Liqwid paused the protocol, it’s not because of that.

[Shokker @Shokker_ftn]

Make sure to read this

[ElonTrades @ElonTrades]

The Oct 11 Crypto Crash — What Really Happened

TL;DR:

Roughly $60–90M of $USDe was dumped on Binance, along with $wBETH and $BNSOL, exploiting a pricing flaw that valued collateral using Binance’s own order-book data instead of external oracles.

That localized depeg triggered $500M–$1B in forced liquidations, cascaded into $19B+ globally, and earned the attackers about $192M via $1.1B in BTC/ETH shorts opened on Hyperliquid hours earlier, but minutes before Trump tariff announcement.

It wasn’t a USDe failure!! It was Binance’s design flaw, timed with macro panic (Trump’s tariffs) for cover.

What looked like chaos was actually a coordinated exploitation of Binance’s internal pricing system, amplified by a macro shock and systemic leverage.

1️⃣ The Setup

Binance’s Unified Account let traders use assets like USDe, wBETH, and BNSOL as collateral.

Instead of oracle or redemption prices, Binance valued these using its own spot market - a major vulnerability.

On Oct 6, Binance announced a fix to move to oracle-based pricing, but rollout wasn’t until Oct 14, leaving an 8-day window.

2️⃣ The Exploit

During that window, sophisticated actors manipulated Binance’s order books, dumping ~$60–90M of USDe, driving it to $0.65 on Binance only (still ~$1 elsewhere).

Because the Unified Account marked collateral to internal prices, this instantly wiped margin value and triggered $500M–$1B in forced liquidations.

Then, Trump’s 100% China tariff headline hit, magnifying panic and liquidity stress.

3️⃣ The Profit Engine

The same day, fresh wallets on Hyperliquid opened $1.1B in BTC/ETH shorts, funded by $110M USDC from Arbitrum-linked sources.

As the Binance cascade unfolded, BTC and ETH cratered, those shorts netted $192M in profit before closing out at the bottom.

Timing, precision, and funding paths all suggest coordination.

4️⃣ The Contagion

Binance liquidations dumped BTC/ETH/ALTs into thin books.

Other exchanges mirrored the collapse through cross-market bots.

Market makers hedged across venues were forced to unwind everywhere.

Result: $19B+ global liquidations, with many alts down 50–70% intraday, all triggered by <$100M of manipulated collateral.

5️⃣ Who’s at fault?

Binance: design flaw + delay in oracle rollout = root cause.

Exploiters: executed and timed the manipulation, profited via external shorts.

Ethena (USDe): not at fault - protocol stayed 1:1 collateralized, redemptions normal, peg held everywhere else.

6️⃣ Aftermath

Binance admitted “platform-related issues,” promised compensation for affected margin/futures/loan users, and rolled out minimum price floors + oracle integration.

USDe remained operational, and the incident is now a case study in how exchange-side pricing errors can trigger system-wide liquidations.

Bottom line:
A ~$90M dump on Binance and a $1.1B leveraged short elsewhere sparked a $19B bloodbath.

Not a stablecoin failure, but a masterclass in exploiting flawed collateral valuation during peak macro stress.