what's August Digital?
August Digital is a fintech company providing secure software infrastructure for the management and settlement of digital assets on blockchain networks. It enables institutions to engage with on-chain finance through tools for trading, lending, and liquidity provision, emphasizing transparency, auditability, and risk management. The platform supports features like cross-collateralized margin trading, real-time counterparty monitoring, and automated liquidations, allowing users to swap, stake, and access OTC products across multiple chains. By integrating with protocols for proof-of-reserves and standardized reporting, August Digital reduces operational risks and facilitates seamless integration for asset managers entering the crypto space. Founded to bridge traditional finance with blockchain, it focuses on institutional adoption, offering 24/7 support and non-custodial solutions where assets remain in secure accounts, promoting scalability and compliance in the evolving digital asset ecosystem.
August AUSD vault affected by Resolv Labs exploit (March 22) involving 80M unbacked USR tokens.
Links
x.com/august_digitalAffected AUSD vault by exposure to Resolv Labs USR exploit on March 22, 2026, when 80 million unbacked USR tokens were minted and dumped through DEX pools.
agETH records a 12% 7-day exchange rate with tracking available on the Airdrop Gain dApp.
Core USDC vault launches and TVL reaches $540M with new partnerships including Neutrl Labs ($50M pre-deposit filled in 16 minutes), KelpDAO ($150M+ rsETH), and Agora announcing earnAUSD as main liquid yield token on Monad. Active points program offers 5x-12x multipliers before $750M TVL with approximately 9,000 depositors.
Upshift launches upUSDC product and announces Pendle partnership, expanding DeFi yield access through institutional-grade trading infrastructure.