the vault enjoyooor

hot take: perp traders are just esports players but with net worth on the line

1/ Introducing the Build-A-Bear Hackathon 🧸 Up to $1M in vault TVL seed funding (and more) in prizes. Build a vault. Beat the bear. Here’s everything you need to know ↓

The timeline is hurting. While we can’t help everyone, we do what we can. Elemental held strong yesterday - even managing to turn a decent profit through our arbitrage trading strategies. Huge thanks to the @DriftProtocol team for working closely with us to make that possible. To share these gains with our community, we’ll be doubling yields on USDC3 and SOL2 to 20% for one epoch. Unfortunately, we can’t extend this boost to all funds, as limited borrow liquidity restricted the number of arbitrage opportunities we could execute. But we're certain there will be more ahead, and we’ll continue to pass those benefits on when we can. Elemental’s focus remains unchanged: to be a steady rock amid the storm. We’ve been here for three years; through the FTX collapse and countless other market shocks. We don’t chase unsustainable yields or take unnecessary risks. >> Those strategies work… until they don’t. In crypto, long-term success comes from minimizing risk (thereby protecting gains). Onward!

Someone just bought $2680 of fake $Fartcoin Luckily we intercepted it and returned $2002 of it back to the victim. They could then buy the real $Fartcoin with it. The user who enabled the recovery got airdropped a free $267 too. Find transactions below 👇

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At Neutral Trade, user security is our top priority. Our smart contracts have been audited twice, but security doesn’t end there. Protecting our social accounts, website, and domain is equally important, as these are also gateways to our community. Unfortunately, on August 19th, 2025, at 3:31 AM, our Twitter (X) account @TradeNeutral was compromised. The attacker retained control for approximately 37 hours before we successfully recovered the account. a) What Happened 1. A marketing staff member, with no access to trading or technical systems, received a phishing email disguised as an official notice from 'X Support.' 2. The email falsely claimed our account had violated community guidelines and urged a login to resolve the issue. 3. Believing it was legitimate, the team member unknowingly shared login details. 4. The attacker immediately: • Changed the account password, email, and 2FA • Delegated access to a secondary account • Began posting fraudulent content b) Impact 1. No user funds, personal data, or smart contracts were ever at risk. 2. The compromise was limited strictly to our Twitter (X) account. 3. For approximately 37 hours, fraudulent posts appeared under @TradeNeutral before we regained control. c) Response 1. We immediately attempted to contact X (Twitter) Support to freeze the account and prevent further abuse. 2. The process was slower than expected, but with the help of priority support and our friends at @Perena__, we were able to recover the account. 3. During this time, we closely monitored all other systems and confirmed they were unaffected. Reminder to the Community: Neutral Trade will never ask for your keys, passwords, or personal information. If you ever doubt the authenticity of a message, verify through our official channels before taking action. We sincerely apologize for the inconvenience and confusion this incident may have caused. Transparency matters to us, which is why we’re sharing this openly. This experience has made us stronger and more prepared — and we remain committed to keeping Neutral Trade a safe and trusted place for all. — The Neutral Trade Team

Grats to all who made it into USDC 2 in time as well. That fund is now put on a reduce mode so if you're in, you're in.