what's Vesu?
Vesu is a modular, permissionless lending protocol built on the Starknet blockchain, enabling users to supply assets to earn yields, borrow against collateral, and even create custom lending markets. It emphasizes transparency and security through open-source code, multiple audits, and integration with Starknet's high-performance layer-2 scaling. The protocol supports a variety of assets, including ETH, STRK, USDC, USDT, and wrapped Bitcoin like tBTC, allowing for leveraged positions and efficient capital utilization in DeFi. At its core, Vesu operates with a liquidity pool model where suppliers deposit assets to provide liquidity, earning interest from borrowers who overcollateralize loans to mitigate risks. It incorporates advanced features like lending hooks inspired by Uniswap v4 for customizable mechanics, and permissionless market creation lets anyone launch new asset pairs without governance approval. Built for Starknet's Cairo environment, Vesu leverages zero-knowledge proofs for scalability and low fees, positioning it as a key DeFi primitive in the ecosystem.
Vesu's Noon Capital collaboration achieved $454,060 TVL, enhancing yield via leverage loops.
Links
x.com/vesuxyzReached $454,060 in TVL for the Noon tBTC Yield Vault (collaboration with Noon Capital), which deploys sUSN into controlled leverage loops via Vesu to enhance yield.
Integrated with Endur.fi's Season 2 points program, which allocates 70% of points to liquidity providers and includes impact-weighted rewards for productive liquidity deployment on Starknet.
Platform exclusively directs liquidity and incentives to native USDC only, ending rewards for USDC.e holders.
Platform offers 0.5% USDC borrow rate against BTC collateral (down from 2% borrowing costs in October) and 2% supply APR on BTC deposits, enabled by subsidies from Starknet's BTCFi campaign.
Named as one of six Day 1 apps for USDC and CCTP launch on Starknet, enabling native USDC integration and cross-chain transfer protocol support.
Platform partners with Immunefi as a customer, implementing security services from the Web3 bug bounty platform.
wstETH/ETH looping on multiply offers 22.89% APR with 8.4x maximum multiplier.
Platform launches Multiply vaults allowing 9.4x looping of mRe7BTC fund (19% APY from Re7Capital partnership) to generate 150% APY, with 2% borrowing costs and liquidation risk. Looped tBTC staking offers 9.34% APY through Starknet's new "Earn" portal.
tBTC lending integration now live with 3%+ supply APR for borrowing against tBTC collateral.
Platform achieves new TVL leadership position within its ecosystem, marking a significant growth milestone in total value locked metrics.
tBTC launches on Starknet with liquidity on Ekubo Protocol; lending integration coming to vesu platform.
USDC borrowing available at 0.7% APR with arbitrage opportunity through Ekubo liquidity provision offering 10%+ yields.
Security researcher reports vulnerability through Immunefi; issue resolved positively with no negative impact.
New streamlined BTC yield process launches with one-tap deposit feature through Braavos wallet, utilizing Atomiq bridge and Starknet pools for self-custodial earning without wrapping complexity.
DeFi pools now offering 10% APR yield on BTC through AtomiqDeFi bridge integration, with no lockups or gas fees.
New Bitcoin Earn program launches with Braavos wallet integration, offering ~10% APR yield farming with zero fees and no lockup period.
Protocol launches Bitcoin yield platform with 10% APY, weekly auto-compounding, and zero gas fees through Braavos Wallet integration.
Two-step staking process yields 6.3% APY: wstETH conversion (3.4%) plus deposit returns (2.9%).
Art competition launches tomorrow in collaboration with Art Peace.