According to Lookonchain, utilization on Lista DAO’s vaults managed by MEV Capital and Re7 Labs reached 99%, triggering a forced liquidation on-chain. Source: Lookonchain. Lookonchain also reported that utilization rates on several DeFi platforms are now above 90% and advised users with funds deposited across protocols to stay safe. Source: Lookonchain.

According to the source, Lista DAO said it is closely monitoring MEV Capital’s USDT vault and Re7 Labs’ USD1 vault where collateral assets sUSDX and USDX face abnormally high borrowing rates with no repayment activity (source: Lista DAO on X, Nov 6, 2025). Lista DAO added that Lista Lending has been engaging both teams and urged them to take responsibility, make decisions, communicate transparently, and cooperate to protect users and restore market balance (source: Lista DAO on X, Nov 6, 2025). PancakeSwap stated it is aware of the affected vaults, is tracking developments, and asked users on PancakeSwap to review and monitor positions tied to these vaults, promising updates as needed (source: PancakeSwap on X, Nov 6, 2025).

According to @rovercrc, World Liberty Financial (WLF), a DeFi protocol linked to Donald Trump, is partnering with Re7 Labs to establish a vault for its USD1 stablecoin on the Euler and Lista lending platforms. This strategic move is part of an initiative to scale the USD1 stablecoin across the BNB Chain, utilizing its high-speed and low-cost infrastructure, as detailed in a joint statement. The collaboration aims to enhance DeFi by offering a stable, transparent, and capital-efficient dollar-pegged asset for both retail and institutional traders. Evgeny Gokhberg, founder of Re7 Capital (the parent of Re7 Labs), highlighted the goal of building next-generation DeFi infrastructure. This development gains institutional weight as Re7 Labs recently received a commitment of up to $10 million from VMS Group, a $4 billion family office making its first move into the crypto space.