Liquity V2 Forks

Event DetailsQuillFi enables users to borrow $USDQ stablecoins against ETH, wstETH, weETH, and SCR, with the unique ability to set their own interest rates. Early adopters can stake or provide liquidity for $USDQ to earn points, a proven incentive model in Liquity forks [Quill Finance, X Post, 2025-04-25]. This launch expands Liquity’s ecosystem, leveraging Scroll’s zkRollup tech for low fees and high scalability, making DeFi more accessible [Scroll Docs, thedapplist.com]. It’s a game-changer for stablecoin liquidity and collateral management.Recent NewsLiquity V2 forks have been gaining traction. Felix Protocol, another fork, hit $190M TVL on HyperliquidX, showing the model’s potential [outposts.io, 2025-05-01]. Liquity AG authorized QuillFi’s deployment, marking a strategic expansion into Scroll’s ecosystem. Meanwhile, crypto sentiment has improved, though weekend liquidity risks remain a concern [cointelegraph.com, 2025-04-26].Future PlansQuillFi aims to deepen integration within Scroll, with potential for more collateral types and features. Liquity’s broader roadmap includes 15+ forks, targeting ecosystems like Arbitrum and Berachain, aiming to revitalize DeFi credit creation [liquity.org]. This multi-chain approach could position $USDQ as a key stablecoin across layer-2s.Onchain DataSpecific QuillFi metrics aren’t live yet (pre-launch), but Scroll’s ecosystem is thriving, hosting 124+ dApps with growing activity [thedapplist.com]. Liquity forks like Felix show strong adoption—$50M in feUSD supply highlights user demand for similar mechanisms [outposts.io, 2025-05-01].Community SentimentX buzz is positive, with users excited about Scroll’s low-fee environment and QuillFi’s flexible rates. “May 7th booked!” tweeted @HQParagon, reflecting community anticipation [X Post, 2025-04-25]. However, some caution about market volatility persists.

Liquity V2’s redeployment marks the culmination of months of rigorous audits and fixes. This week, Cantina researchers are finalizing code submissions, followed by re-audits from ChainSecurity and Dedaub next week. The mainnet launch will enable users to mint BOLD, a stablecoin offering native yield and full redeemability for staked ETH, with interest-free borrowing and a low collateral ratio [Liquity.org]. This upgrade aims to redefine DeFi stability by enhancing Liquity V1’s LUSD stablecoin mechanics [mixbytes.io]. Recent NewsLiquity faced setbacks earlier this year when Stability Pool issues delayed the initial V2 rollout. A fix was announced in February 2025, followed by extensive audits to ensure security [TradingView News]. The protocol’s focus on transparency and security has bolstered community trust, setting the stage for this redeployment. Future PlansPost-launch, Liquity aims to expand BOLD’s integration into DeFi ecosystems, offering users more ways to leverage ETH collateral. The roadmap includes potential partnerships to enhance liquidity and adoption, positioning BOLD as a leading stablecoin in DeFi [Liquity.org]. Onchain DataWhile specific V2 metrics are unavailable pre-launch, Liquity V1 has seen steady activity, with over $50M in LUSD minted and 10K+ active Troves as of April 2025 [Dune Analytics]. V2 is expected to drive higher transaction volumes with BOLD’s advanced features. Community SentimentThe X community is buzzing with excitement! Posts like “$LQTY” from @amonbuy and celebratory emojis from @RhettShipp reflect optimism. However, some users, like @eth000000000, voice concerns about potential issues, highlighting the need for flawless execution to maintain trust. Why It MattersBOLD’s unique mechanics could set a new standard for stablecoins, attracting DeFi users seeking yield and stability. With ETH at $1,953.74 [CoinGecko], the timing aligns with bullish market trends, potentially amplifying impact. Risk Disclaimer: As with any DeFi launch, ensure you research potential smart contract risks before participating.

Liquity V2's relaunch introduces $BOLD, an immutable stablecoin designed to offer real yield, alongside innovative features like user-set borrowing rates and $LQTY staking for protocol incentivized liquidity. The purpose? To empower users with greater control over their financial terms while maintaining the protocol's core principle of decentralization. This upgrade follows a rigorous five-week audit contest involving over 800 researchers, multiple re-audits, and extensive testing, ensuring a secure and reliable platform. The significance of this event lies in its potential to revitalize interest in CDP stablecoins, which have seen a decline in popularity recently. By supporting borrowing against ETH and liquid staking tokens (LSTs) like @LidoFinance's wstETH and @Rocket_Pool's rETH, Liquity V2 aims to integrate seamlessly with the broader DeFi ecosystem, potentially attracting a new wave of users and investors.Recent NewsIn the lead-up to the relaunch, Liquity has been making waves. Just three months ago, the project announced its V2 roadmap, highlighting the focus on security and user-centric features. The audit contest, which concluded with impressive participation, underscores Liquity's commitment to transparency and robustness. Additionally, the protocol's recent integration with major LSTs has been well-received, with community sentiment on X showing excitement about the potential for cross-protocol synergies. Influencers like @DefiLlama and @BanklessHQ have praised the move, noting it could position Liquity as a key player in the evolving DeFi landscape.Future PlansLooking ahead, Liquity's roadmap includes further expansions of $BOLD's utility, with plans to introduce additional yield opportunities and cross-chain compatibility. The team has also hinted at potential partnerships with other DeFi protocols to enhance liquidity and user adoption. These developments could solidify Liquity's role in the stablecoin market, especially as the demand for decentralized, user-controlled financial products continues to grow.Onchain DataWhile specific onchain metrics for the relaunch are not yet available, historical data provides context. Liquity V1 saw significant transaction volumes, with peak activity reaching over 10,000 transactions per day during its early adoption phase. The introduction of V2, with its expanded asset support and improved mechanics, is expected to drive a resurgence in activity. Platforms like Dune Analytics and Etherscan will be critical for tracking these metrics post-launch, but early indicators suggest a positive outlook based on community preparedness and the protocol's technical upgrades.Community SentimentThe reaction on X has been overwhelmingly positive, with trending discussions around #LiquityV2 and #BOLDStablecoin. Users are particularly excited about the user-set rates and the potential for real yield, with comments like "Finally, a stablecoin with actual benefits!" and "Liquity is back in the game!" from community members. However, some cautious voices remind others of the inherent risks in DeFi, such as smart contract vulnerabilities and market volatility, which is a valid concern given the protocol's history.Risk DisclaimerAs with any DeFi protocol, users should be aware of potential risks, including smart contract failures and market fluctuations. Liquity V2's extensive audits mitigate some of these concerns, but due diligence is always recommended.