DeFi Saver Newsletter: June 2026
Nice to see you back for another edition of the DeFi Saver Newsletter.
We have a packed agenda this month, featuring several major developments here at DFS, especially for Hyperliquid users. So, without further ado, let’s get right into it:
- Ecosystem news: Fluid recovery plans; Glamsteram upgrade; Morpho Midnight Whitepaper published.
- DFS news and updates: Hyperliquid release and S1 of DeFi Saver Rewards; Aave V4 position explorer; Knowit Owlz educational partnership.
- DeFi Saver Stats for May.
- Position of the month.
Stress tests, upgrades, and fixed rates coming soon
DeFi certainly took some heavy punches in the first few months of 2026, and in more ways than one. The rsETH hack certainly was the most prominent, but far from the only exploit that hit the DeFi community.
Back in March, a malicious attacker deposited $100.00.-$200.000 USDC on the Resolv protocol, and ended up minting $80M in uncollateralised USR, due to oracle price manipulations. The incident was rooted in a critical vulnerability within the protocol’s minting logic, where approvals were based on off-chain signatures that lacked sufficient on-chain constraints.
The repercussions of these disruptions quickly spread to other protocols, with Fluid notably affected. The protocol was ultimately left with approximately $21M in bad debt after opportunistic actors took advantage of oracle pricing discrepancies.
Following this, Fluid published a post-mortem on May 11th, explaining that damage control has indeed been done, and that additional restructuring is in order for the upcoming period, such as pausing token buybacks $FLUID emission slashing, delays in the DEX v2 launch, as well as implementing multi-source oracle upgrades.
Tough period for Fluid, but the path forward is clear.
— Tom Wan (@tomwanhh) May 12, 2026
1. All users will be made whole on the Resolv and KelpDAO hack losses.
2.Cost cuts to fund recovery:
• FLUID incentives reduced or removed
• Buybacks paused
• Monthly foundation grant paused for 4 months ($250K/month)… https://t.co/sqqxp8lDnQ
Shifting focus to the network itself, the next major Ethereum upgrade is steadily approaching.
The Glamsterdam hardfork, announced for a Q3 release, aims to refine transaction processing and validator coordination, while also targeting a gradual gas limit increase from 60M to 200M. These significant shifts are driven by two core proposals: EIP-7732 (ePBS) and EIP-7928 (Block-Level Access Lists).
Ethereum is about to fundamentally change how blocks are executed. With the upcoming Glamsterdam hardfork, it's shipping EIP-7928: Block-level Access Lists, a proposal that brings parallelization to the EVM.
— Toni Wahrstätter ⟠ (@nero_eth) May 20, 2026
Here's a short explainer of what it is, how it works, and why it's a…
Some novelties are in store even for some DFS-supported protocols.
Morpho has officially published the Morpho Midnight Whitepaper, a new fixed-rate lending protocol that introduces fixed-term, predictable borrowing and lending markets on-chain. More precisely, this means users will be able to lock in borrowing and lending yields for a specific amount of time.
The Morpho Midnight Whitepaper
— Morpho 🦋 (@Morpho) May 28, 2026
A noncustodial protocol for fixed rate, fixed term credit marketshttps://t.co/0Sws6JiRsA pic.twitter.com/a1Ka2GqgZj
The codebase is officially open-source and is currently available for community audit and feedback ahead of the protocol's scheduled launch.
Morpho Midnight has certainly piqued our interest, so you can certainly look forward to a new DFS integration in the near future.👀
DeFi Saver news & updates
If you’ve been following our journey for a while, you know we’re usually about lending pools, leverage management, and generally helping you sleep soundly at night through market volatility. But this month, we are breaking the mold and doing something we have never done before.
For the very first time in DeFi Saver history, we are expanding our signature DFS toolkit to cover perpetual trading strategies.
To the best of our knowledge, this is the first time a DeFi app has combined access to 10+ lending protocols with perpetual trading under the same roof. And to celebrate this and make this transition even smoother, we’re kicking things off with a dedicated rewards campaign you don’t want to miss.
Read on for more details as we go over everything you need to know about this month’s novelties here at DFS.
Hyperliquid integration on DeFi Saver
The DFS x Hyperliquid integration is officially live, bringing DeFi lending and perpetual trading within a single interface, bolstered by the signature DFS toolkit for advanced liquidation protection.
You can access it directly via the DeFi Saver sidebar. To get started, simply connect your wallet to begin opening positions through the integrated perpetuals dashboard.
Perpetuals trading powered by @HyperliquidX is now live at DeFi Saver.
— DeFi Saver (@DeFiSaver) May 21, 2026
This marks a major step in our mission towards providing access to all of DeFi within one app.
Hyperliquid markets combined with signature DFS features are now available at: https://t.co/rziaen5COr pic.twitter.com/IC2j6J49FP
But that’s not all.
We’re also excited to announce the DFS rewards program centered around perpetual trading and leveraged borrowing! The campaign is set to run for two seasons, each two weeks long, featuring an initial prize pool of 50,000 USDC up for grabs.
Ranking will be based on a mix of trading volume and PnL, aimed at rewarding both your activity and your sharpest trading strategies.
If you’re looking to join the competition, you can find all the eligibility requirements, scoring details, and campaign specifics in one of our previous blog posts, or our official X announcement:
Season 1 of DFS Rewards is LIVE.
— DeFi Saver (@DeFiSaver) June 8, 2026
We’re kicking off our first-ever incentives campaign with 50k USDC up for grabs.
How to qualify right now:
🔹 Trade via @HyperliquidX
🔹 Use Boosts & Repays on lending protocols
Full details below.👇
What will be your game plan for Season 1? pic.twitter.com/LZETHKBS0Z
DeFi Saver x Knowit Owlz: Practical DeFi education
During the past month, we collaborated with Knowit Owlz for their latest edition of the Web3 Cohort and DeFi challenge.
DeFi has a steep learning curve, and tutorials can only get you so far.
— DeFi Saver (@DeFiSaver) May 19, 2026
That’s why we’re excited to partner with @knowitowlz for their current edition of the Web3 + AI Cohort, a hands-on DeFi course designed to help users move from curiosity to active participation.… pic.twitter.com/iBcQNFeoyD
And as part of this partnership, our resident DeFi expert @defi_milos hosted an in-depth walkthrough of the DeFi Saver app, guiding the participants through our core features and automation tools. Whether you’re new to DeFi or simply need a refresher on what DeFi Saver has to offer, be sure to check it out:
Aave V4 DeFi Explore is officially live
Our DeFi Explore platform now includes Aave V4, allowing users to monitor any position regardless of whether it was opened through DFS. The integration provides comprehensive protocol analytics and a simulation tool to evaluate how price fluctuations impact positions.
Our @aave V4 positions explorer is now live.🧭
— DeFi Saver (@DeFiSaver) May 20, 2026
With it you can:
- Audit positions with entire activity history;
- Inspect hub and spoke/market stats;
- Track liquidation events;
- And analyze stats for each asset on V4.
All available at https://t.co/nz1xIi5zhm today.🧵 pic.twitter.com/ubRmgWBtYr
A highlight of this update is the ability to track and analyze protocol-wide liquidations directly within the platform. Users can gain insights into repaid debt volume, the total number of liquidated positions, and seized collateral. Specific markets can also filter these statistics for a clearer view of activity in each market.
DeFi Saver May stats
At the end of May, DeFi Saver Automation managed approximately $281M of collateralized assets across 867 user positions.
Activity throughout May saw a total of 8,536 transactions successfully executed across approximately 1,384 unique user addresses at DeFi Saver. Notably, Aave V4 saw significant engagement with 330 transactions, a substantial portion of which were concentrated within the newly launched Forex (Spoke) market. And while this month was a bit quieter in terms of overall market activity, the total volume at DFS held up well, reaching approximately $45M.
Position of the month
Amidst the prevailing bearish climate and the recurring clash between short-term market anxiety and long-term conviction across crypto socials, certain users remain unfazed.
This 0x2bd user certainly falls into the latter group, having consistently executed Boost txs since early February of this year, steadily increasing their exposure.
With $72.98M in supplied WETH against $46.36M in debt, this position currently maintains a safety ratio of 127.38%. While that may seem somewhat comfortable at first glance, we do have to emphasize that the buffer before reaching the liquidation threshold is quite thin, leaving little room for major market swings.
And yes. We can, in fact, simulate it:
So, dear whale 0x2bd, if you’re reading this, consider it a kind reminder that setting up Auto-Repay can prove to be invaluable, especially in markets like these. And if you want to be extra diligent, you can even enable notifications to inform you if your position gets riskier or when automated settings are triggered.
All in all, this user seems like somebody fairly certain that the bottom is in, and (for the sake of their position, as well as our love for ETH), we do hope they're right.
That would be a wrap of this month’s issue of the DFS Newsletter. If you have any questions or even feedback on our latest DFS x Hyperliquid UI, please be sure to hit our support team up via DFS Discord. And who knows, your idea might just win you an extra 200 USDC. 👀
We want your Hyperliquid takes.
— DeFi Saver (@DeFiSaver) June 4, 2026
We’re putting 3,000 USDC behind a Hyperliquid Feedback Bounty. Tell us what would make your life easier, and for every idea we ship, you get 200 USDC. pic.twitter.com/PzhCHslgmA
Until the next post, stay safe out there!
Stay connected:
📢: Official Twitter/X