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Weekly Project Updates: Hyperliquid Perp Volume Hits Record, Radiant Capital Prepares Shutdown, Polymarket suspects industrial espionage from Kalshi, Hacker Drains Kelp DAO Bridge Funds, etc
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Weekly Project Updates: Hyperliquid Perp Volume Hits Record, Radiant Capital Prepares Shutdown, Polymarket suspects industrial espionage from Kalshi, Hacker Drains Kelp DAO Bridge Funds, etc
Unable to recover from roughly $50 million hack, Radiant Capital is winding down https://t.co/ds7EDcVgKq
Radiant Capital to Wind Down Operations After Failing to Recover From $50 Million Exploit Radiant Capital announced that its DAO will begin a gradual wind-down after failing to recover from the October 2024 exploit, secure new financing, or restore growth. The protocol will remain operational for withdrawals, loan repayments, and position management, while development and expansion efforts will cease. Borrowing caps will be reduced to zero and RDNT incentives will be discontinued. The exploit resulted in losses of more than $50 million. https://x.com/RDNTCapital/status/2061457987441447041?s=20
RIZ v2 is now LIVE. Markets that took weeks to deploy now take minutes. @arbitrum operational. First wave launching now. GMX / USDC - @GMX_IO USDe / USDC - @ethena RDNT / USDC - @RDNTCapital thBILL / USDC - @Theo_Network syrupUSDC / USDC - @maplefinance sUSDS / USDC - @SkyEcosystem XAUt0 / USDC - @USDT0_to Isolated. Protected. Scalable.
Just In: Binance has announced that it will cease trading and delist the following tokens on April 1, 2026: Arena-Z (A2Z), Ampleforth Governance Token (FORTH), Hooked Protocol (HOOK), IDEX (IDEX), Loopring (LRC), Neutron (NTRN), Radiant Capital (RDNT), and Solar (SXP).
Binance announced it will add Monitoring Tags to eight tokens — ATA, A2Z, FIO, GTC, NTRN, PHB, QI, and RDNT — on March 13, 2026. Tokens with this tag are considered higher risk and subject to closer review, and users must pass a risk-awareness quiz every 90 days to continue trading them.
February recap: ✓ Roadmap 2026 published ✓ gLP launched (Guardian Fund tokenization) ✓ ezETH & rsETH moved to Core markets ✓ RIZ v2 Phase 1 in audit Infrastructure evolution in progress. March execution continues.
Most safety funds sit idle. Guardian Fund capital earns yield while protecting deposits. gLP enables anyone to participate. Live on @arbitrum now 👇 https://app.radiant.capital/#/guardian
Introducing Radiant Isolated Zone v2. Morpho-based isolated markets. Deploy in minutes. Fixed-rate capability. Part of Radiant's dual-architecture infrastructure. Faster deployment. Lower complexity. More markets.
gLP is now LIVE! Guardian Fund protection, now tokenized and open to anyone. Deposit ETH → receive gLP → earn yield from protocol revenue and native staking.
Fixed-rate lending vs variable-rate lending. Variable: Rates adjust based on utilization. Capital efficient. Standard in DeFi. Fixed: Rates locked upfront. Predictable returns. Better for treasury management and institutional capital. DeFi has solved variable rates. Fixed rates are the next frontier. Coming to Radiant with RIZ v2.
Most protocols treat deposit protection as an afterthought. Radiant treats it as infrastructure. Guardian Fund operates as a first-class primitive across all products. Lock dLP, get coverage. Automated. 24/7. Across Core, RIZ v2, and upcoming vaults & fixed-rate markets. Already live. gLP tokenization coming soon to enable direct participation. 📚Learn more: https://docs.radiant.capital/radiant/project-info/radiant-guardian
RIZ v1 → v2 Migration Plan Asset migrations beginning soon. Here's the full breakdown.
Guardian Fund is live. GuardianLP (gLP) is next. Here's what it does and why it matters 🧵
Fees and revenue have been rising over the past months. Recent adjustments to the economic model helped streamline how value is allocated across the protocol. Most of the revenue continues to go to dLPs, with the rest directed to remediation, the Guardian Fund, and Opex. 📊 Check out these and other analytics here: https://twitter.com/i/web/status/1999179675936129233
Remediation Portal Phase II is now live. All claim contracts have been deployed and integrated into the Remediation Portal, laying the groundwork for users to progressively claim their remediation. Connecting a wallet now unlocks a dedicated view showing each user’s share per contract, total allocations, claimable amounts, and tokens already claimed. These contracts distribute WBTC, WETH, USDC, and ARB on Arbitrum, and BTCB, WETH, USDC, and WBNB on BNB Chain. Convenience Class will receive its one-time distribution through Merkl, delivered in scheduled tranches based on the DAO-approved (soon) structure. Funds for all cohorts will remain secured in the Remediation multisig wallets on Arbitrum and BNB Chain, from which distributions will be executed. Major distribution events for both the Convenience Class group and Claim Contract group will be announced via Discord, Telegram, and X. 📚 Docs: https://twitter.com/i/web/status/1996630894598103391 🔗 Portal: https://t.co/19S3P94DNo
💫 Over $20M in TVL A remarkable 120% growth in just one month — Radiant climbed from $10M to $22M, breaking multiple milestones along the way. The momentum reflects expanding traction across chains and markets. Here’s to more shared success ahead! https://t.co/DtB6UtLR6o
New Mainnet Core Market live: PAXG 🪙 The tokenized form of physical gold issued by @Paxos, is now part of Radiant’s ecosystem. By introducing PAX Gold, Radiant continues to broaden the spectrum of collateral options, combining traditional value stability with the efficiency of DeFi. Check it out on https://t.co/dREjTjqmnt
Following Balancer’s latest update, Radiant was not impacted by the recent Balancer V2 exploit. The issue was limited to specific Composable Stable Pools, which are not used within Radiant. All Radiant-related pools remain secure and fully operational. Users may now safely interact with Balancer LPs and ZAP functions on Arbitrum and Mainnet. The situation continues to be monitored in coordination with the Balancer and security teams to ensure ongoing stability and transparency. Thank you for your patience and understanding.
Juicy options in RIZ 🍋 Some assets available in Core can also be found in the RIZ Markets — isolated pairs that introduce new opportunities and different risk profiles. Take ETH for example 👇 On @arbitrum: • Core market: ~8% APY on deposits • RIZ market (rsETH/ETH): nearly 12% APY Both markets distribute RDNT rewards to eligible users. Explore all the available markets across the four chains and pick your favorite: https://t.co/pycq4sY0ab
Something golden is coming to Radiant✨ Soon. https://t.co/CmVB1t3vy4
Radiant has been tested, rebuilt, and reborn. v3 is the synthesis of every lesson. Introducing new isolated RIZ Markets, the Guardian Fund, sustainable emissions, and true community governance. Read more on Medium 👇🏼
Lock dLP → Earn & get protected. • 5% = RDNT emissions • 15% = Guardian Fund coverage All through the Zap modal ⚡️ https://t.co/wo8MeOR7Wy
✅ Guardian Fund is now LIVE — Phase I COMPLETE! Radiant’s built-in safety net is here. A fund + token mechanism that: • Protects deposits in case of unforeseen events • Keeps capital productive • Balances risk & reward between protection seekers and liquidity providers ⚙️ Phase I — How It Works 🧵
✨ Expanding Core Collateral: @GMX_IO assets on @arbitrum Radiant now supports four GMX assets as collateral-only in Core: • GLV [WBTC–USDC] • GLV [WETH–USDC] • gmETH • gmBTC This expansion deepens the integration with GMX, allowing these positions to be used as collateral to borrow against other Core markets. 📢 Incentives are set to roll out soon — stay tuned for updates. 👉 Check them out at https://t.co/dREjTjqmnt
👀 Sneak peek at the upcoming Guardian Fund Protection. Liquidity. Utility. Coming soon to Radiant. https://t.co/3skF3mFbs9
The Guardian Fund is Radiant’s answer. A protocol-backed reserve, funded and managed with the sole purpose of supporting users in the rarest and most severe situations.
In DeFi, growth is nothing without resilience. The Guardian Fund is Radiant’s upcoming safety net, designed to stand behind depositors when it matters most. Here’s why it matters 🧵 https://t.co/ZdgSxvX6ds
Proposed, discussed, and approved by the DAO, the Guardian Fund is being developed as a shared commitment to protect Radiant’s users. If you haven’t yet, check out RFP-52 for full details, and stay tuned for upcoming updates. 🔗https://dao.radiant.capital/#/proposal/0x8b69c2535698b6a93b383dcba4c84e4174e65a7b1535c6b66ccf2ae481d88b86 https://t.co/5XhE2XXMXg
GM! ☀️ 📍18 new markets 🛡️ One-of-its-kind Guardian Fund ⚙️ Reserve factors optimized 🩹 Remediation process in progress Expansion mode: still on
Following the recent @GMX_IO v1 exploit, it’s important to clarify that Radiant’s GMX-related markets remain unaffected, as they are based on GMX v2. There is no exposure to the compromised v1 gLP pool. For official updates and further details, please refer to GMX’s own… Quote [@GMX_IO](https://www.twitter.com/GMX_IO/status/1942955807756165574) > The GLP pool of GMX V1 on Arbitrum has experienced an exploit. Approximately $40M in tokens has been transferred from the GLP pool to an unknown wallet. > > Security has always been a core priority for GMX, with the GMX smart contracts undergoing numerous audits from top security…
📢 RFP-53 is now live for vote This proposal asks whether the DAO should pursue remediation for wallets affected by unlimited token approvals after the October 2024 exploit. If approved, a follow-up (RFP-54) will define the structure and terms. 🗳️ Review and vote… https://t.co/m8Gn25k0Aq
⏳ Less than 24 hours left to vote on RFP-52! This proposal seeks to establish the Radiant Guardian Fund, a pioneering mechanism designed to bolster protocol security and increase confidence among users and institutions alike. Your vote plays a key role in shaping the next chapter of Radiant. 🗳️ Cast your vote before time runs out: https://t.co/Tb97Kr3xnh
RFP-52 UP for VOTE 📣 The proposal introduces the Radiant Guardian Fund — a first-of-its-kind security framework to automatically protect and remediate user deposits. A key step toward resilience, institutional appeal, and a new DeFi security standard. 🗳️ Vote now! 👇🏼
🛡️ RFP-105: Radiant Guardian Fund A proposal to establish a first-of-its-kind security framework to protect user deposits. Community feedback is key to shaping its structure and future. 🗓️ Scheduled for DAO vote on Tuesday, May 27 🔗 bit.ly/Feedback105-Ra…
🗳️ RFP-104: Remediation of Unlimited Allowances Exploit Share your thoughts on how the DAO should proceed with the unlimited approvals incident. Your input will help guide Radiant’s remediation plan. 🗓️ Deadline to take the survey: June 9 🔗 bit.ly/RadiantSurvey1…
🛡️ Introducing the Radiant Guardian Fund A new community proposal outlines a first-of-its-kind framework to protect user deposits and enhance protocol security. Before any DAO vote is considered, feedback is being collected to help refine the initiative. 📝 Share your thoughts
Please share feedback on the Unlimited Allowance Exploit Losses through this important community survey. Input will guide the DAO's remediation strategy and ensure alignment with the community’s priorities. 🗳️ Take the Survey Here: bit.ly/RadiantSurvey1…
RFP-51: The New Radiant Capital Economic Paradigm is now live for review and vote. This proposal is a bold blueprint to rebuild trust, reduce inflation, and future-proof Radiant’s economic engine. It is our coordinated response to the October 2024 exploit—and a proactive leap toward sustainable, competitive growth. Key upgrades include: 🔸Dynamic Reserve Factors to align base yields with competitive market rates 🔸Dynamic Revenue Distribution to create sustainable lender and dLP rewards 🔸Weighted Emissions Allocation for efficient RDNT emissions 🔸Radiant Guardian Fund for electable contingency against prevailing DeFi risks 🔸qRDNT/qLP stream phase-out and reallocation to remediation, the Guardian Fund and liquidity 🔸Treasury diversification for financial resilience but without RDNT sell pressure 🧩 Every component is synergistic and contributes to the overall economic flywheel, reducing inflation, supporting real yields, reducing waste, and reinforcing Radiant’s competitiveness. bit.ly/RadiantCapital…
The post-mortem on the October 16 exploit and its impact on RIZ Vaults (Arbitrum & BNB) is now live. 🔗 Read the full breakdown: community.radiant.capital/t/post-mortem-…
RDNT EMISSIONS NOW LIVE FOR NEW MARKETS ON @arbitrum: USDT, wstETH, weETH, and ARB Following their recent re-introduction, the new markets on Arbitrum — USDT, wstETH, weETH, and ARB — are now streaming fresh RDNT emissions for eligible depositors & borrowers. Additionally,… https://t.co/CAmLEK0ipk
RDNT EMISSIONS NOW LIVE FOR NEW MARKETS ON @arbitrum: USDT, wstETH, weETH, and ARB Following their recent re-introduction, the new markets on Arbitrum — USDT, wstETH, weETH, and ARB — are now streaming fresh RDNT emissions for eligible depositors & borrowers. Additionally,… https://t.co/qSKW3MhMIl
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