Amber TVL Jumps 8× Overnight, uniBTC Dominates the Inflow!
TVL on Amber jumped from its former $3.5–4M range to $32M+ today. Here’s a quick breakdown of what drove the spike. 🔻
🛰️ Circuit Breaker Activated
The entire Mars Protocol, including Perps, Red Bank, and Vaults, is temporarily halted due to extreme market volatility (>±15% price move within 1h).
This means:
• No new trades, borrows, or withdrawals can be made
• No liquidations occur
• Funding rates are paused
• Protocol resumes automatically once volatility normalizes
This mechanism protects users and the protocol from price manipulation and cascading failures during abnormal market conditions.
Liquid Staking. Solid Yields.
@amberfi_io is here to Preserve Value and Generate Wealth.
Happy to come out of stealth today!
Way to go @mars_protocol and @neutron_org!
Wow—Managed Vaults just hit mainnet! 🎉
I’ve parked my assets and let the experts do the heavy lifting. No button-mashing or constant chart-watching needed—just sit back and let your deposit earn while you catch up on life. 😌💸
Who else is diving in? 👀 #MarsProtocol
🛰️ Managed Vaults Live on Mainnet
Moments ago, Mars Protocol launched Managed Vaults—a major leap forward for community-driven strategy deployment. Managers gain access to leveraged trading power; depositors gain passive exposure—all wrapped in a secure, decentralized structure.
Tldr 🧵👇
🛰️ Mars Perps (Counterparty) Vault
Martians, the Mars Perps (Counterparty)Vault is paying out ~70% APY right now.
Let’s break down what it is, why the yield exists, and how you can get a piece of it.
🛰️ Introducing Enhanced Liquidity Onboarding
Martians, we're excited to announce the latest enhancements to Mars Protocol's Liquidity Onboarding process, designed to streamline your DeFi experience. Now featuring Expanded $USDC Deposits from EVM, Smart Fee Selection, and Streamlined Credit Account Creation on Mars!
Tldr 🧵👇
🛰️ Mars Perps live on Neutron
Martians, join us tomorrow, Saturday, December 14, 2024, at 10 AM UTC, as we celebrate the launch of Mars Perps on Neutron mainnet! 🔻
🛰️ $USDC YIELD ON MARS
Opportunity Alert! Mars Protocol currently offers ~25% APY on $USDC deposits on the @Neutron_org outpost!
Have you deposited in the Red Bank yet? 👇
⏭️ https://t.co/KqCFRSgbZD
Mars Perps - The Next Step in Capital Efficiency
Today, Hyperliquid is generating well-deserved buzz with its TGE. Hyperliquid is a fantastic product with strong Product-Market Fit, and the hype proves the growing demand for capital-efficient trading platforms.
Tldr 🧵👇
Two deadlines in life you can't miss:
1️⃣ Filing your taxes.
2️⃣ Minting your Credit Account before Nov 25, 12:00 UTC.
One comes with penalties; the other comes with possibilities. Choose wisely. 🔴
Have you minted your Credit Account yet?
The Mars Perps Trading Competition kicks off next Monday - don’t miss the deadline to mint your Credit Account in time.
Check out all the details in our blog: https://t.co/jGVUA5mMqS
Then head over to https://t.co/gr7Kaonv4m to mint your Credit Account and get ready for trading to go live next week! 🔴
🛰️ MARS V2 PERPS TESTNET COMPETITION: SIGN-UP PHASE NOW OPEN!
Martians, your chance to participate in the Mars V2 Perps Trading Competition has arrived! Don’t miss out - sign up now before the window closes! 👇
⏭️ https://t.co/aRIeBkIQIB
Why are we building @mars_protocol and what's coming next!
After months of heads-down building, we’re excited to share what we've been working on. The vision for Mars Protocol goes far beyond just being another DeFi platform...
🛰️ MARS V2 DEPLOYED
Mars v2 is live on @Neutron_org!
Explore Credit Accounts to engage in:
🔴 Spot & Margin Trading
🔴 Lending & Borrowing
Deploy your first Credit Account now: https://t.co/cao9Ei8h5c
🧵👇
🛰️ dATOM LIVE ON MARS v2
Mars v2 is officially live, bringing the most powerful lending and trading protocol to @Neutron_org!
Just moments ago, a new lending market for @dropdotmoney’s $dATOM was launched on Mars’ Neutron outpost. Users can now:
🔴 Deposit $dATOM to earn yield and Droplets
🔴 Use $dATOM as collateral for borrowing and earn amplified Droplets (3x)
🔴 Utilize $dATOM as collateral for spot & margin trading and earn amplified Droplets (3x), with leveraged yield farming and more to come soon!
Don’t miss out and explore the latest APYs and Droplet opportunities with $dATOM on Mars v2’s Neutron outpost today! 👇
https://t.co/qDkxIBbntu
🛰️ Mars Hub Governance Transition
Martians, yesterday on 29/07/2024, we successfully transitioned the protocol governance from the Mars Hub app-chain to the Mars Hub instance on @DA0_DA0 on @Neutron_org, alongside launching a new $MARS token native to Neutron. 🔴👇