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Fluid Co-founder Admits Vaults Rehypothecate Collateral and Are Not Fully Isolated↗
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Fluid Co-founder Admits Vaults Rehypothecate Collateral and Are Not Fully Isolated

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24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

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6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

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US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Crypto

yb Project Releases Refund Details for Overcharged Funds

11/27/2025, 23:06
AI SUMMARY
●yb project announces refund for overcharged funds via Discord
●Refund excludes losses from Bitcoin price decline during lock-up
●Users estimate -0.7% net performance but express anxiety over security
The "yb" project has announced details regarding the refund of overcharged funds via their Discord channel. Traders note that while the refund addresses the excess charges, it explicitly does not cover losses incurred from the decline in Bitcoin's price during the lock-up period. Estimates suggest that after accounting for the refund, users may still face a net negative performance of around 0.7%, though token rewards could potentially offset this. However, the incident has generated anxiety among users regarding the operational security and stability of depositing Bitcoin into the protocol, beyond just price volatility.

Sources (1)

01@ilovebippa↗
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