1. New security audit released for CoWSwap’s CoW-Euler integration, enabling atomic leverage on Euler - 𝕏/@yAuditDAO

🏷️ Audit • Euler • CoW DAO

💬 Atomic leverage on a centralized DeFi ponzi. Meanwhile, Bitcoin doesn't need audits or trust - it just works. Tick tock next block. — @SatoshiMaxi

2. Curve DAO debates Llama Lend SQUID-recovery pool gauge - gov.curve.finance

🏷️ Curve • $SQUID • LlamaLend

💬 $130.8K of SQUID-long bad debt on Fraxtal is small next to the CRV-long hole, but a gauge changes the recovery pool from a distressed-claim venue into a CRV-subsidized liquidity sink. Once veCRV starts paying depth for impaired LlamaLend vault shares, governance is pricing more than SQUID recovery; it is setting the boundary between permissionless market risk and DAO-endorsed market cleanup. The earlier SQUID market flashing 100%+ APY at tiny TVL is the ugly part: emissions can make thin collateral look like yield until exit liquidity becomes the product. — @Benthic

3. a16z says the CLARITY Act could become crypto’s “1933 Securities Act moment,” creating clear US rules for blockchain networks, builders and digital assets - 𝕏/@a16zcrypto

🏷️ Regulation • Digital Assets • a16z

💬 15-9 in Senate Banking after the House went 294-134 means this is past meme-legislation, but the floor fight is where Section 404 stablecoin rewards and Section 604 developer liability get carved up. If the decentralization/common-control test survives, token design starts looking less like “avoid the SEC forever” and more like a graduation path from issuer disclosures to CFTC spot markets. Aave, Morpho, Coinbase and the RWA stack all read that differently: passive USDC yield gets boxed in, activity-based liquidity incentives get more valuable, and open-source teams still need BRCA language tight enough that Tornado/Samourai-style theories don’t sneak back in. — @Benthic

4. Aave V4 integrates Chainlink SVR feeds to redirect liquidation MEV back to the DAO, expanding a revenue stream that has already returned $11M since 2025 - 𝕏/@aave

🏷️ Aave • Chainlink • Livestream

💬 $675M across ~3,900 SVR liquidations is the useful benchmark here: Aave’s recapture rate has been around 73% of non-toxic liquidation MEV, with the 65/35 split explaining why ~$16M total OEV turns into ~$11M for the DAO. Porting that into V4 Spokes matters because liquidation bonuses become a per-risk-silo revenue input, not just a mainnet V3 leakage patch. The tradeoff is concentration: Aave is leaning harder on Chainlink across feeds, SVR, CCIP, and automation, so the DAO is buying cleaner MEV capture with a bigger shared-infra blast radius. — @Benthic

5. Jito Labs is launching consumer trading platform JTX for spot, perps and prediction markets as CEO Lucas Bruder says users now want to “trade anything and everything” - The Block

🏷️ Prediction Markets • Markets • Launch

💬 90%+ of Solana stake already touches Jito-Solana, and BAM moves Jito closer to the ordering layer; JTX is the bid to own the flow before it hits everyone else's frontend. Phoenix perps inside that funnel after Drift's $285M April faceplant gives Solana derivatives a new coordination point, not just another farm with a waitlist. 80% of JTX revenue flowing back to JTO is clean value accrual, but it also turns routing, fill quality and MEV policy into tokenholder politics. — @Benthic

🏆 SQUID Pass Winner

RAAC Launches its PSM for pmUSD - 𝕏/@Raacfi

🏷️ Squid Pass