logo

Notional: Due to the Balancer vulnerability-related bad debt, withdrawals will be temporarily suspended. Further details on the withdrawal process will be provided soon.

By: theblockbeats.news|2025/11/06 12:15:52
0
Share
copy
ARBARB
--
ETHETH
--
AAVEAAVE
--
notional-financenotional-finance

BlockBeats News, November 6th, Notional Finance, a fixed-rate lending protocol, announced a significant update for V3 users. The total amount of bad debt related to the Balancer exploit on the mainnet is 641.4 ETH, and on Arbitrum, it is 80.2 ETH. Users holding positions in the affected Balancer/Aura leverage pools will lose 100% of their position's value. Ethereum borrowers and liquidity providers on the mainnet and Arbitrum will face a significant loss in account value, including users who borrowed against ETH as collateral. Other users' account values will not be affected.

Notional V3 will cease operations on the mainnet and Arbitrum. Due to the significant scale of bad debt, Notional V3 cannot continue operating normally. Detailed user withdrawal plans will be announced soon. Users holding cross-currency lending positions on the Notional platform will be automatically migrated to the Aave platform. Due to the gradual closure of Notional V3, users will not be accurately shown liquidation risks, and they will not be able to manage their positions.

-- Price

--

You may also like

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Contents

Popular coins

Latest Crypto News

23:42

Foreign media: The second round of negotiations between Iran and the United States is scheduled for April 27

According to Jinshi, citing New Delhi Television, the second round of negotiations between Iran and the United States is scheduled to be held on April 27.
23:42

USDD 2.0 deposit mining activity launched

According to official news, the USDD 2.0 supply mining phase 17 has now launched on the JustLend DAO platform.This event starts on April 25, 2026, at 20:00 (Singapore time) and ends on May 23, 2026, at 19:59:59 (Singapore time), with a dynamically adjusted annualized yield of approximately 4.25%. Re...
23:42

Data: In the past 24 hours, the entire network has liquidated $185 million, with both long and short positions being liquidated

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $185 million, with long positions liquidated at $104 million and short positions liquidated at $81.51 million.The liquidation amount for BTC reached $14.4255 million, and for ETH, it w...
22:42

Aave submitted a governance proposal to the Arbitrum DAO, requesting the release of frozen ETH to be injected into DeFi United

According to official news, after discussions with multiple stakeholders, Aave service providers, ether.fi, KelpDAO, and other projects have submitted a governance proposal to the Arbitrum DAO, requesting the release of ETH that was frozen by the Arbitrum security committee after the rsETH incident ...
ARBARB
--
AAVEAAVE
--
ETHFIETHFI
--
22:42

Drift product manager: planning to relaunch the forked trading platform in May or June

Minh Don, the product lead of Drift, stated on its official Discord that it will take a few weeks to optimize the codebase, remove and add some small but impactful features, and plans to relaunch its forked exchange in May or June this year.Previously, Drift Protocol suffered losses exceeding $285 m...
DRIFTDRIFT
--
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com