Daily digest covering Ethereum staking queue dynamics, a $7.44M Verus bridge exploit via duplicate state, and Uniswap's new Morpho-powered lending vaults for stablecoins.

DeFi & Yields · 2026-08-01

Ethereum's staking queue reached a 43-day backlog, with analysis suggesting validator mechanics and strong institutional conviction—reflected in near-zero exits—are as significant as demand dynamics. A Verus bridge exploit allowed an attacker to drain $7.44M through duplicate state manipulation. Uniswap introduced new lending vaults powered by Morpho, offering yield opportunities on USDC and USDT stablecoins.

Previously on Telem

Uniswap launches Earn yield product using Morpho vaults 2026-08-01
Uniswap launches Earn feature with Morpho for yield generation 2026-07-31
Ondo manages $3.5B in tokenized assets, Hyperliquid controls 60% perp volume 2026-07-29
Axis Robotics raises $12M for Physical AI data engine 2026-07-28
Major DeFi protocols integrate AI agents for autonomous optimization 2026-07-26