Aisha

[Blocumentary @blocum3ntary]

PROJECT CONVEX FINANCE

@ConvexFinance @CurveFinance @WenLlama

[Alunara @0xAlunara]

Seeing a lot of bitching about defi from people that don't even use it themselves.

[arqus @arqus]

Locked in the Convex

#RKelly
@ConvexFinance @CurveFinance @FraxFinance @protocol_fx @ResupplyFi

[arqus @arqus]

So no one told you loans were gonna be this way

#friends
@ResupplyFi

[Philipp @phil_00Llama]

Hi everyone 👋
In case you've wondered what a position at @ResupplyFi looks like, here is an example of someone farming 26% on @CurveFinance crvUSD:

The tool for tracking is publicly available at https://t.co/y9MeGcjfv1
Example address: 0x3da232a0c0a5c59918d7b5ff77bf1c8fc93aee1b

[Curve Intern @curve_intern]

🧵intern putting his smol money where his mouth is.
this is not financial advice.
just showing how i make money using @CurveFinance by minting $crvUSD.
full transparency at curveintern.eth

[arqus @arqus]

Take On Resupply

@ResupplyFi @ConvexFinance @YearnFi @CurveFinance
#a-ha

[Tommy Genesis @0xTommyGenesis]

Ho ho ho.
https://t.co/pV268Dy1T1

[Karl Marx OnChain @KM_crypto1]

https://t.co/GmC0IyVaxt

[Tommy Genesis @0xTommyGenesis]

A protocol that is less than a year old, that has brought in more revenue than it's current market cap.
Of that, it has already delivered 89.5% of its current market cap directly to token stakers.

You buying?

[LlamaRisk @LlamaRisk]

As 2025 draws to a close, we want to express our deepest gratitude to our clients, partners, and fellow service providers building alongside us. From launching LlamaGuard NAV to expanding our team, we are forging a safer DeFi future.

Read our full end-of-year statement below 👇

As we close the year, we’ve found ourselves returning to a simple idea that has grounded us throughout 2025: our work is fundamentally an act of service to the people who build, secure, and rely on open financial systems.

DeFi is often described in terms of protocols, models, or code, but what inspires us most is the human network behind it: clients, partners, our fellow service providers, and the DeFi users who depend on the systems we help safeguard. This community constitutes a large extended family, and we are grateful to play our small part in supporting it.

Thank you for trusting us, challenging us, collaborating with us, and sharing in our vision for a safer, more transparent, and more resilient on-chain world.

Highlights this Year

This year marked meaningful steps forward in our mission: Make DeFi win through transparent and rigorous risk management.

🔹 Onboarded as Risk Partner for Aave Horizon
Horizon represents the frontier of TradFi–DeFi convergence, and we’re honored to serve as its risk partner. Our work spans onboarding asset issuers, implementing risk alerting systems, managing protocol parameters, and helping to ensure safe and competitive growth for the ecosystem’s leading institutional venue.
🔹 Launched LlamaGuard NAV on Aave Horizon
We introduced LlamaGuard NAV, a next-generation risk-aware NAV oracle developed with our partners Chainlink Labs and Aave Labs. As DeFi applications scale into more complex data environments, real-time, transparent risk intelligence becomes core infrastructure — and we’re proud to contribute to that foundation.

🔹 Expanded Real-Time Transparency with PoR Systems
Our independent PoR work with Ethena strengthened our conviction that the industry needs robust, credibly neutral, high-frequency reserves attestations. This year’s progress set the stage for a generalized, automation-ready PoR framework that can support a broad set of issuers and markets. Stay tuned for exciting updates on this topic.
🔹 Prepared Curve for LlamaLend V2
We supported Curve with research for safe debt ceilings, oracle configurations, and market parameterization for LlamaLend V2. We also developed new interest rate models for looping markets and built the risk foundations for PT markets — now progressing through audit.

A Year of Collaboration

We’re grateful to our core partners for the collaborations and your continued trust in us this year: @aave, @chainlink, @CurveFinance, @ethena 🎄

As a small nod of appreciation, our holiday card features ornaments representing teams we believe exemplified excellence this year. We’re grateful to be learning from and building with you.

Every step forward this year was shaped by the teams who worked alongside us — developers, asset issuers, risk contributors, growth teams, and service providers. Whether we were designing collateral methodologies, refining PoR standards, or implementing new risk primitives, your insight and partnership consistently elevated the work.

In a year defined by rapid innovation and increasing complexity, your partnership grounded us. It reinforced our belief that DeFi thrives when we operate as a true extended family: supporting one another, learning from one another, and working collectively to make the ecosystem safer and more resilient for everyone.

Looking Ahead

In 2025, we focused deeply on a small group of core protocol partners, investing in their systems and communities. That commitment remains unchanged. But the demand for reliable, real-time risk tooling continues to grow — and with it, our responsibility to support a larger share of the ecosystem.

To meet this need, we’re expanding LlamaGuard automations, transforming our methodologies into scalable, on-chain risk infrastructure. Our roadmap includes:

Risk-managed price feeds that strengthen oracle reliability and market integrity
A generalized proof-of-reserves framework adaptable to diverse issuers and asset structures
Automated implementations of risk methodologies, enabling continuous, verifiable oversight at protocol scale

Delivering these systems requires close collaboration across the stack: working with Chainlink on foundational automation and oracle infrastructure; partnering with risk and growth teams to operationalize their methodologies; and supporting asset issuers in meeting the increasingly rigorous expectations of their clients.

Our goal is straightforward: scale high-quality risk management to more protocols, more assets, and ultimately more users. By extending our reach without sacrificing depth, we plan to maximize the benefit to the millions of people who rely on DeFi every day.

We’re Hiring

The industry’s growing focus on responsible risk management has led to a significant expansion in demand for our work — and we’re scaling our team accordingly.

In 2026, we’re hiring across:

Quantitative Research
Backend & Smart Contract Engineering
Business Development
Marketing & Communications

If you’re energized by the challenge of building the risk infrastructure that will underpin the next decade of DeFi, we’d love to hear from you. Visit our careers page or reach out on Telegram.

Final Thoughts

As we enter the new year, we remain committed to:

putting people at the center of our risk frameworks,
building tools that empower protocols and users alike,
strengthening the foundations of open, transparent finance, and
serving this extended family with humility, rigor, and heart.

Thank you for being part of our journey.
Wishing you a warm and restful holiday season — from all of us at LlamaRisk.
Here’s to a safe, collaborative, and inspired 2026. ❤️

[Tommy Genesis @0xTommyGenesis]

The time is soon, Hippo Llamas. $RSUP Staking is about to get even better. Contracts audited by @cotlage from @gemach_io, and UI is just about finished.

Turn 50% APR into 66% APY with compounding $RSUP, or turn non-yielding $reUSD rewards into 5% APY $sreUSD

-> January <-

[Jordi in Cryptoland @lordjorx]

Most teams dump their own tokens.

It’s sad, but true. Many founders treat token unlocks as exit liquidity.

But every now and then… you find a builder who's actually buying.

I was browsing the @ResupplyFi Discord the other day.

Aisha dropped a comment about how one of the founders was still all-in.

I had to check on-chain.

A few days ago, the token pumped ~40% and I wanted to check who was buying this.

So I traced the transaction flow and there it was.

A $150K market order.

And the buyer? None other than @C2tP , the founder of the project.

In a space full of exit scams and slow dumps, this kind of move stands out. We need more of that.

@nansen_ai AI tools for this kind of research is insane.

[Coin_collectiva @cvx_collectiva]

Congratulations to all winners. @arqus @DefiShaka @lordjorx @OnlyJousting

Unfortunately, we didn't win any positions this month. We tried our hardest to do the best educational content, but it wasn't enough.

We will take a step back and, with humility, we are going to investigate what we did wrong and how to get better.

Thank you for all the love and strength you are giving us.
Better things lie ahead of us.

[Blank @HakaseBlank]

Lil Caesars held it DOWN.

Five dollars. Hot. Ready. No wait. No shame. No judgment. Just pure survival food with a hint of happiness. That man on the box is basically a social worker. A father figure. A homie. A mentor.

People forget. You didn’t climb out of the trenches, binging limited edition truffle crusts. You climbed out with two slices of Crazy Bread and orange grease on your napkin.

Eat Lil Caesars with PRIDE bro. They earned their raise. They been carrying the whole younger generation on their back since like 2012.

Long live the orange box.

[Curve Intern @curve_intern]

getting paid 5.7% to borrow crvUSD against a yield-bearing stablecoin that only goes up? then LP the borrowed crvUSD for another ~10%?

15% net apr. say less. thanks hippos @ResupplyFi

[Curve Intern @curve_intern]

this guy looped 350k crvUSD into the sDOLA market on @ResupplyFi earning net 4.13% + 5% on his borrowed crvUSD on llamalend (instead of selling reusd for crvusd he just deposited reusd into sreusd and borrowed crvusd against it on llamalend).

[Satsy @Satsyxbt]

don't miss this beautiful live pitch telaga did on wintermute event

@NestExchange 🤝 @TheHypeEngine

[Blocumentary @blocum3ntary]

THE HIPPO OF DEFI ST
@ResupplyFi $RSUP

[Winthorpe @CryptoWinthorpe]

It is getting dark outside, do you know where your tokens are?

$RSUP