Timeline Jun 22: Coslend lending protocol has been exploited, all available funds have been drained. Jun 28: Coslend team identified the reason and posted the post-mortem report. July 12: Affected users & losses report released. July 18: The remaining underlying assets have been sent to those users who deposited and repaid…

What happened On Jun, 22, 2022, Coslend lending market has been exploited. The hacker “borrowed” all the funds from Coslend lending market, through manipulating the prices of collaterals. The total loss: ~64,305.596 USDC ~9,604.913 USDT ~1,826.745 FRAX ~14.2980 WETH The hacker transfered the funds from EVMOS mainnet to Ethereum mainnet through Nomad…

We are excited to announce that Coslend has launched its Beta version on Evmos mainnet. Initially, we support $USDT, $USDC, $FRAX, and $WETH, more assets will be listed soon. Note: Since the $EVMOS price feed is still under evaluation by third-party oracles, $EVMOS cannot be listed temporarily. Participate in our…

We are excited to announce that Coslend, the first lending protocol of Evmos, partners with Saddle Finance. Saddle is an automated market maker (AMM) designed to enable efficient trading between pegged value crypto assets. By leveraging the trading liquidity of various major stablecoins on Saddle Finance, such as USDT/USDC/DAI, liquidations…

We are excited to announce that Coslend, the first lending protocol of Evmos, has partnered with Flux Protocol. Flux Protocol is one of the leading oracles with over $3.5 billion in Total Value Secured (TVS) to date. Price oracles are critical for getting the most up-to-date asset valuations when issuing…

Hi Frenz, the Evmos mainnet has relaunched successfully! Many projects are doing their best to launch on Evmos mainnet now, so are we. Coslend is a lending protocol, we are the upper-layer application of DeFi money Lego and need some necessary infrastructures before our official launch, such as: cross-chain bridges…

We are excited to announce that Coslend, the first lending protocol of Evmos, partners with Earnmos. Earnmos is the first yield optimizer on Evmos and aims to provide a “one-click” cross chain farming experience for Cosmos Intechain Ecosystem. Through technical integrations, Earnmos would be another choice for users to participate…

We are excited to announce that Coslend, the first lending protocol of Evmos, partners with Cronus. Cronus is an AMM built on Evmos. By leveraging the liquidity of various trading pairs on Cronus, liquidations can be performed efficiently, ensuring the solvency of Coslend protocol. More marketing activities between Coslend and…

We are excited to announce that Coslend, the first lending protocol of Evmos, partners with Kinesis Labs. Kinesis Labs is the first native stablecoin exchange on Evmos. By leveraging the trading liquidity of various major stablecoins on Kinesis Labs, such as USDT/USDC/UST, liquidations can be performed efficiently, ensuring the solvency…