what's silo finance?
Silo Finance is a DeFi lending protocol that implements isolated lending markets for reduced risk exposure. The platform operates across multiple chains including Ethereum, Base, and Avalanche, offering lending and borrowing services with isolated risk pools. Each Silo supports a single token paired with a bridge asset (ETH/USDC), preventing cross-asset contamination. The protocol has achieved significant adoption with over $50M in BTC on its Avalanche deployment, offering around 4% APY in pure BTC yields. A key integration with Infinit Labs provides automated position management and improved user experience.
Silo Finance launched rsETH vault for WETH borrowing with better terms; USDC lending offers 2.23% APR.
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x.com/SiloFinanceLaunched a new rsETH vault allowing rsETH to be used as collateral to borrow WETH with improved loan-to-value ratios and lower borrowing terms.
USDC lending pool on Avalanche currently offers 2.23% variable APR.
A third party actively buys claims related to the protocol with a final call for year-end bids before 12/31.
The protocol will be live on Injective blockchain from Day 1 of its new Public Mainnet launch.
A trader sold their entire $anon holdings to execute a liquidation attack on a team position, reporting being up $4m but considering the execution suboptimal.
Silo V2's liquidation algorithm successfully processed thousands of liquidations with zero insolvencies, demonstrating the protocol's robustness under stress while minimizing collateral taken from borrowers.
Arbitrum deployment achieves 176% TVL growth since the DRIP campaign initiation, with the protocol now supporting over $42m in active loans.
TVL/price ratio increases 81%, suggesting fundamentals are significantly outperforming token price.
A trader claims to be targeting a $1.3M position held by "dani" for liquidation, having accumulated 200k tokens specifically for this purpose.
Utility contracts (routers, leverage) were paused across all deployments after automated monitoring system detected suspicious activity from a curator's new contract, affecting some UI functionality until contracts are unpaused.
Silo Finance reaches all-time high of $100M in total deposits.
Protocol ranks 4th among lending DAOs with 15% growth in active loans over 30 days.
Protocol leads lending sector with 11% weekly growth in active loans, ranking first among major lending protocols.
Protocol captures nearly 40% of SonicLabs Season 2 Gems rewards, estimated at $2.5-$3M value, with new strategies including 10x leveraged points through asset looping and xSILO YTs on Pendle.
New yield farming opportunity offers 2x normal returns for USDC/USDT/USDe liquidity providers through Allo points rewards program.
New ARB incentives launch through Arbitrum's DRIP campaign, offering yield opportunities for stablecoins and blue-chip assets on Arbitrum network.
PT-sUSDf now offers 21% fixed APY on stablecoins, up from previous 17%, with leverage options available on multiple platforms.
Revenue sharing model implements 50% distribution to xSILO holders in ETH and USDC, with protocol generating $4M in fees to date.
Protocol expands cross-chain with Autoleverage launch and upcoming Arbitrum incentives program.
Revenue distribution proposal passes, switching 50% of protocol revenue to direct USDC payments for xSILO holders starting September.
Revenue distribution proposal to share 50% of protocol revenue with xSILO holders in USDC nears approval.
New governance proposal suggests switching xSILO holder rewards from token buybacks to direct USDC/ETH payments for 50% of DAO revenue in 3-month pilot.
New yield farming campaign launches with Benqi Finance offering $22.5k monthly rewards in AVAX, xSILO, and QI for sAVAX-AVAX deposits.
Isolated sUSDf/USDC market reaches $20M TVL as PT sUSDf yield doubles to 17% APY.
New yield farming opportunities available with up to 96% APR through PT-sUSDf loop and 69% APR via PT-sUSDe loop, with varying risk levels.
Protocol achieves $210M TVL and secures Avalanche Foundation grant, with $250M RWA integration planned via Grove Finance.
New managed vault offers 28.6% APR with 30x Falcon Miles multiplier through Varlamore Capital partnership.
Multiple cross-chain leverage opportunities available with up to 78% APR on Ethereum, 58% on Sonic, and 58% on Avalanche.
New leveraged trading pairs launch across multiple chains, featuring up to 20x leverage for sAVAX/AVAX pair and yields up to 77.3% APR for xUSD/scUSD pair.
New Kaito campaign launches $750k airdrop distributed over 3 months at $250k monthly rate.
Receives 400,000 $S investment from Sonic Labs Innovator Fund while offering 30% yields on stable coins with point multipliers.
Receives SonicLabs grant while maintaining $100M TVL on Sonic chain, representing 22.2% of total chain TVL.
New automatic leverage feature enables one-click 82% APY strategies across Avalanche, Ethereum, and Arbitrum chains through PT-sUSDf/USDC lending and borrowing loops.
Protocol implements token buyback program with current market cap under $50M
Auto-leverage feature launches with up to 10x leverage across multiple pools, offering 57-80% APR opportunities.
SEC declares Liquid Staking Tokens (LSTs) are not securities, creating regulatory clarity for LST market growth and adoption.
New integration with Flytrade enables direct collateral deposits and cross-chain/wallet transactions for CDP management.
New smsUSD stablecoin launches with 24% APY, 7.7x leverage, and 10x Sonic Point multiplier.
One-click leveraged yield farming now live through UI deployment with SonicLabs and Ethereum markets.
New borrow incentives program launches with 24,000+ $S tokens allocated for wOS/S market, offering up to 34% APY yield opportunities for August.
Trading volume hits $3.1B milestone with upcoming token buyback program.
Auto-leverage feature launching in August to provide one-click access to leveraged yield strategies
Locked iUSD offers 13.86% APY vs sUSDe's 10.86% native APY for 1-week lock duration
TVL on Avalanche chain exceeds $100M, marking significant chain-specific growth milestone.
Large-scale airdrop distributes 3.35M $S tokens to users' wallets without required action.
3.3M $S distributed to S1 holders representing 27.2% of Sonic Gems ownership, with 0.00007 Point conversion ratio.
Protocol generates $2M annualized revenue with $38M FDV, outearning 90% of lending protocols per dollar of FDV, while maintaining top 20 TVL position.
New Varlamore USDC Growth Vault offers 35.5% APR with 31.3% paid in stablecoin yields
Silo Agent goes live on INFINIT platform with full protocol functionality for supply/withdraw and market analysis
Current TVL reaches $42.8M with $10M-$20M daily loan volumes, while new Spark integration enables direct smart contract and dApp deployment on Sonic platform.
Large-scale airdrop distribution launches with 60k+ token claims reported by top farmers; new seasonal farming structure implements multiplier points system with upcoming GEMS feature enhancement.
Protocol reports 68% TVL growth and 88% borrowing growth MoM, with DAO revenue increasing 50% to $124k monthly, while 50% of revenue is allocated to token buybacks.
New yield farming strategy combining PT-sUSDf lending and USDC borrowing enables 36% APY through Pendle-Silo integration.
New Varlamore Falcon vault offers 15-25% APR on USDC deposits
New PT-tETH/ETH silo launches with 30%+ APY yield farming opportunity.
Protocol offers 17% USDC, 14% AVAX, and 7% BTC yields on Avalanche with $112M TVL.
New xSILO pool launches on Penpie offering 65% APY and 10x Sonic Points multiplier.
New USDC-Greenhouse pool launches with 47% APY plus 12x Sonic and 3x Silo point multipliers.
New xSILO LP offering 97.25% APY with 10x Sonic points multiplier on Pendle, plus PT/YT trading options available.
Protocol reports 50x TVL growth since 2023 with industry-leading P/S ratio of 17.5 and 50% revenue to buybacks
Integrated Pendle LP tokens reach $50M TVL milestone across major lending protocols including Maple Finance and Morpho Labs
xSILO token launches on Pendle platform for yield trading.
Avalanche deployment reaches $100M TVL milestone, becoming second largest deployment.
MEV USDC vault currently offers 6% USD yield plus additional $AVAX and $xSILO rewards, showing significant decrease from previously reported 15% yields.
SonicLabs airdrop excludes validator stakers but rewards lending and LP activities with $S and LSTs.
New managed vaults launch across multiple chains offering 10-31% APR, including Varlamore Falcon (31% ETH), Varlamore USDC (20% Arbitrum), MEV USDC (15% AVAX), and Apostro USDC (10.6% Sonic).
Vaults now offer up to 30% APR across multiple chains, with average yields of 20% plus additional Sonic points incentives.
PT-sUSDF-USDC market launches, offering up to 40% APY via leverage looping.
New PT-sUSDf lending pool launches with $4M borrowable capacity at 0.4% initial APR, offering potential 50% APR at 10x leverage with 50% utilization.
New Falcon partnership launches with $100k incentives, offering 1,500% total APY split between stablecoins and xSILO rewards
Six new yield pools launching across ETH, BASE, ARB, and BERA networks, including Yearn aGHO-USDf, Alphagrow rETH, and Aave stkGHO, with additional relaunches of upUSDC, dWBTC, and iBGT pools.
Pendle LP tokens now accepted as collateral in isolated lending markets, expanding borrowing options and protocol composability.
Arbitrum deployment reaches $20M in deposits within two weeks of launch.
Season 2 launches with merit-based rewards system, requiring active participation in LPing and lending for earnings, with 3x multiplier potential based on Season 1 activity.
Avalanche deployment reaches $33M in deposits and $10M in loans, showing strong initial traction for the V2 launch.
Stolen funds of 225.1 ETH ($548K) moved to Tornado Cash mixer
Stablecoin deposits now earn up to 21% APY through active vault management and incentives.
Ecosystem tokens now whitelisted for Sonic Points program, enabling new token utility.
New yield strategies offer 80% APY on stablecoins and 424x Ethena Points multiplier.
New Pendle LP markets launch enables PT looping yield farming strategies.
Security incident resolved with protocol confirmed safe and fully operational; only SiloDAO test funds were affected with all user funds secure.
Security incident affects automated leverage testing contract (now paused); core protocol remains secure. V2 launches on Avalanche with MEV Capital vaults and dual incentives program.
Pendle LP tokens (LP-eUSDe and LP-sUSDe) now live as collateral on mainnet, enabling leveraged yield farming opportunities.
Chronicle integrates WSRUSD/USD price feed on Ethereum, enhancing protocol reliability.
V2 protocol launches on Ethereum mainnet with first-ever Pendle LP lending integration.
Arbitrum deposits surge to $13M from $1M, with Varlamore vault maintaining 27.6% APR
Top earning wallets reveal three dominant strategies: $7M Pendle position, 8-figure S holdings, and $60M BTC exposure across multiple protocols including scBTC and lBTC positions.
Sonic Labs Season 2 airdrop points program launches with three USDC vaults offering 9.9-10% base APR across Varlamore Capital ($10M TVL), Apostro, and Greenhouse Finance platforms.
Sonic S1 airdrop scheduled for month-end with 33% allocation to protocols and no 75% vesting period.
New S-Silo liquidity pool launches on Penpie offering 27% APY in PENDLE rewards, 8x Sonic Labs points multiplier, and 3x Silo Finance points for LP token deposits.
Arbitrum vault deposits approach $1M milestone with 31.7% total APR, combining 4.1% lending interest and 27.6% xSILO rewards, driven by sUSDX-USDC borrowing demand.
USDC pool on Penpie now offers 39% APY in boosted PENDLE rewards with 8x Sonic Labs points multiplier.
V2 bug bounty program launches on Immunefi with $350,000 reward pool.
Automated rebalancing introduced alongside new USDC.e strategies from Apostro, Varlamore and Re7labs.
New USDC pool launches with Varlamore Capital on Penpie platform, offering 12% APY plus 12x Sonic Labs and 3x Silo point multipliers.
Leading lending market on SonicLabs with $100M+ margin over Aave