Spidy

我跟着节奏。 我让它骑

[Spidy @SpidyFi]

I talk about defi strategies: Think of this as my over-the-shoulder yield farming journal where I go 1st into the abyss, document the plays, the logic & the real risks so you can see what's actually viable.

I test it so you don't get rugged. Simple as that

-SpidyFi: ur DeFi guy

[Spidy @SpidyFi]

Trying to change others is the most foolish thing in this world

Learn to respect every frog and its well

[Post Carlone @carltonkitheka1]

Spiders learn our routines so if you ever find a spider in your house just know you're not following your routine

[Spidy @SpidyFi]

you can Exit at any time to take back the committed capital; Withdraw will be available as soon as the token is tradable on Feb 23rd

5/5
NFA DYOR

[Spidy @SpidyFi]

3 days left in the public sale. Once live, $FT becomes instantly tradeable.
The more I think about it, the more r/r make sense

1/5🧵

[Spidy @SpidyFi]

For anyone still considering participation, here’s the simple way:

Step 1:
Commit capital (ETH / stables) on mainnet
https://t.co/J9l3KMur9h

Step 2:
After committing, check the Manage tab
You’ll see: Your PUT options, backing capital, FT allocation(one address multiple PUT)

[Spidy @SpidyFi]

Chivalry is taught by setting a good example, not through force-fed opinions.

CZ proves that...

[Spidy @SpidyFi]

I think they're cooking bts

Tip: deposit from base to avoid slippage

[Spidy @SpidyFi]

came across this project today - YO (https://t.co/0bp52WXeOO), it's a set and forget type of vault, optimizes yields by rebalancing across protocols

Token went live on 5th Feb. It's a good place to park your idle assets

https://t.co/njJDTtIEXK

[YO @yield]

All aboard!

The $YO rewards campaign is chugging along across all yoVaults, featuring select DeFi activities.

How to earn?
🔗 https://t.co/hDZSwwYlqZ

Phase 2 begins tomorrow, and new activities will be revealed.
⁽ʸᵒᵘ ᵐᵃʸ ʰᵃᵛᵉ ⁿᵒᵗᶦᶜᵉᵈ ᵃ ᶠᵉʷ ᵃˡʳᵉᵃᵈʸᵎ⁾

[Spidy @SpidyFi]

Though in Jan '26
A $3.7M execution error routed through a Uniswap v4 hook pool caused ~97% slippage loss

The team later recapitalized out of their own pockets

This team definitely deserve a second chance

https://t.co/nsO2zBJyTF

[QuillAudits 🥷 @QuillAudits_AI]

Today, the Yo Vault operator of YO Protocol (@yield ) executed a large swap of approximately $3.84 million in stkGHO (staked GHO) intended for USDC.

Due to an unintended / misconfigured routing through a @Uniswap v4 liquidity pool (likely involving a custom hook or extreme concentration), the swap executed at a massive slippage, yielding only ~$112,000 USDC, resulting in an effective ~$3.7 million loss that was captured by liquidity providers in that v4 pool.

The protocol team reacted quickly:

1.) Multisig purchased back ~$3.71M GHO via CoW Swap (better execution + MEV protection).

2.) Redeemed / re-deposited equivalent stkGHO into the vault.

3.) Temporarily paused the YoUSD market on Pendle, then re-enabled it after recapitalization.

The team also left an on-chain message proposing that LPs keep 10% of captured value as a bug bounty and return the rest cooperatively.

https://t.co/SLmAzk5xdH

This is NOT a classic smart contract exploit/hack of YO Protocol itself, it's an operational error during an rebalancing swap, amplified by the extreme flexibility (and danger) of Uniswap v4 hooks.

1️⃣ Key Transaction Details

Loss tx:

https://t.co/YGTKAP8VBG

Very large single swap → routed through low-liquidity / specially configured Uniswap v4 pool → extreme price impact

Recovery TX:

Multisig CoW Swap buy + stkGHO deposit.

2️⃣ Root Cause Analysis (Current Understanding)

The most likely scenario based on public data and common Uniswap v4 patterns:

1.) The operator (or automated keeper) used a swap aggregator / router that supports Uniswap v4

2.) Routing algorithm picked a v4 pool (possibly with a custom hook) that had:

Extremely concentrated liquidity in a very narrow tick range,

Or a malicious / specially crafted hook that front-runs / sandwich / applies extreme dynamic fees / price manipulation during the callback

3.) The swap passed through this pool → paid enormous "fees" / suffered massive slippage → most value stayed in the pool (benefiting LPs)

Multiple LPs appear to have profited (one reportedly extracted ~274k stkGHO equivalent), so it's likely a legitimate (but very aggressively positioned) v4 liquidity position rather than a single attacker.

This highlights a key Uniswap v4 risk vector that has been warned about since its 2025 launch:

>> Hooks allow arbitrary logic → enormous innovation but also enormous footguns.

>> Aggregators / keepers sometimes route through exotic v4 pools with very little safety checking.

>> Large institutional-sized swaps are particularly vulnerable

3️⃣ Lessons & Hardened Recommendations:

For protocols using large automated swaps / keepers:

1.) Implement strict pool whitelists — only allow v2/v3 + vetted v4 pools with known hooks

2.) Add max slippage % + max price impact checks at the keeper level (hard revert if exceeded).

3.) Use CoW Swap / private mempool executors by default for large size orders.

4.) Simulate large swaps in staging using real mainnet forking before going live

For Uniswap v4 ecosystem participants:

1.) Extremely narrow-range / custom-hook positions can effectively act as "slippage bombs" for large trades.

2.) Aggregators need better heuristics to avoid such pools unless explicitly requested

3.) Teams should consider building/maintaining a "dangerous v4 hooks/pools" warning list.

[Spidy @SpidyFi]

Cryptocurrency was proposed as a viable way to escape centralized banking & give people back control of their money. As it turns out the average person is too retarded or enjoys being controlled so much that this concept never came to fruition. Just basic usage is too complex ngl

[aaalex.hl @aaalex]

Me explaining to my cousin how to buy Hyperliquid by signing up to Coinbase, deposit USDC, bridging to Arbitrium, signing into Hyperliquid, deposit in Hyperliquid, switch balance from perps to spot, look for HYPE pair but make sure it's quoted in USDC

[Spidy @SpidyFi]

We are starting the new year with a much needed pivot. With this UNIFICATION proposal, we finally get a model where builders can monetize without backstabbing the community

Expect alot of back and fros on final specification

https://t.co/7t35M2kJ9y

DeFi will win in '26 🤚🏼

[Spidy @SpidyFi]

Happy 2026 everyone !!

First post of the year and the vibes are productive. After alot of 2025 altcoin fatigue and DAO drama, Aave just made a real pivot

Stani’s forum post effectively ends the “privatization” debate

1/3

[Spidy @SpidyFi]

Aave Labs is proposing to distribute non-protocol revenue (front-ends, consumer products) back to $AAVE holders

I still believe that DAOs may are terrible product managers, but they’re great neutral custodian and if the brand is used, token holders should share the upside
2/3

[Spidy @SpidyFi]

GM '25

[shah @shahh]

Someone in crypto can stress for months, lose hundreds of hours of sleep, get rugged over and over, be in debt, dead broke, on the verge of going insane, yet still have hope that the future will be amazing.

[Spidy @SpidyFi]

@charan_tc Hehe old times 😄

[Spidy @SpidyFi]

@LordOfMachines You need some psilocybin my friend

[Spidy @SpidyFi]

How was 2025?
Me:

[Spidy @SpidyFi]

Bid