<p>Davos.xyz USD (DUSD) is an omnichain stablecoin created through the Davos Protocol, which operates as a Collateralized Debt Position (CDP) platform. Users can lock up assets such as Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs) to mint DUSD, pegged to the US dollar. The protocol uses a dynamic monetary policy to set borrowing rates based on asset risk profiles, ensuring stability and efficiency. It also offers yield opportunities by allowing users to continue earning rewards on their staked collateral.</p><p>Historical event: Davos (DAVOS) has rebranded to Davos Protocol (DUSD). For more information, please read the official announcement - <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/Davos_Protocol/status/1662077003842084865">https://twitter.com/Davos_Protocol/status/1662077003842084865</a></p>

Davos.xyz USD

Davos.xyz USD (DUSD) is an omnichain stablecoin created through the Davos Protocol.

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BitcoinWorld

DeFi Protocol Makina Suffers Devastating $5M Flash Loan Hack, Exposing Critical Oracle Vulnerability
In a stark reminder of the persistent security challenges facing decentralized finance, the Makina protocol has experienced a devastating exploit, resulting in the loss of approximately $5 million from its DUSD/USDC liquidity pool. Blockchain security firm CertiK confirmed the breach on March 21, 2025, revealing a sophisticated attack vector that leveraged a flash loan to […]...

Bitcoin World

DeFi Protocol Makina Suffers Devastating $5M Flash Loan Hack, Exposing Critical Oracle Vulnerability

Makina Finance suffers a $4.13 million exploit after its DUSD/USDC Curve pool is drained through an oracle manipulation attack.

Davos.xyz USDDUSD

Latest Davos.xyz USD News and Social Media Feed

DeFi Protocol Makina Suffers Devastating $5M Flash Loan Hack, Exposing Critical Oracle Vulnerability

Makina has been exploited for $4.13 million, DUSD/USDC CurveStable pool drained