Yearn Finance's yETH product suffered an exploit on November 30, 2025, enabling unlimited token minting that drained Balancer pools. Attackers extracted approximately 1,000 ETH valued at $3 million and transferred the funds through Tornado Cash, according to blockchain journalist Colin Wu. The platform confirmed its V2 and V3 Vaults remained unaffected and operational.

Yearn Finance confirmed an exploit targeting its yETH liquid staking token pool on November 30, 2025. An attacker exploited an infinite-mint vulnerability to drain millions in liquid staking tokens, routing approximately 1,000 ETH (around $3 million) to Tornado Cash. The protocol stated that Yearn Vaults V2 and V3 remain unaffected.

Yearn Finance's yETH product was exploited, resulting in approximately $3 million worth of ETH transferred to Tornado Cash. The attacker minted an excessive amount of yETH tokens through a vulnerability, draining liquid staking tokens from the pool in a single transaction. Yearn confirmed the incident affected only the yETH LST stableswap pool, with Yearn Vaults remaining secure.

Fidelity's tokenized money-market fund operating on Ethereum has exceeded $250 million in assets under management, according to crypto trader Cryptorand. The fund experienced rapid growth from September through November 2025, while ETH maintained support above $3,000. The expansion reflects increased institutional adoption of blockchain-based yield products.

XRP futures open interest has dropped from 1.7 billion XRP in early October to 0.7 billion XRP, a decline of nearly 60%, data show. The funding rate for perpetual contracts fell from 0.01% to 0.001% over the same period, reflecting reduced bullish conviction among traders.

CryptoQuant CEO Ki Young Ju said Ethereum appears undervalued based on 10 of 12 valuation models. The median composite fair value suggests ETH should trade near $4,800, indicating a 59% discount from current levels around $3,000.

The dYdX community has approved a Liquidation Rebates Pilot Program through governance voting, allocating up to $1 million to compensate traders affected by liquidation events. The one-month trial begins December 1, 2025, offering points and rebates to eligible participants. The initiative aims to enhance liquidity and risk management on the platform.

XRP showed an asymmetric liquidation pattern during a one-hour period, with long positions recording $128,430 in losses while short positions saw no liquidations, data show. The asset traded between $2.19 and $2.20, with price movements sufficient to clear overleveraged longs but failing to trigger margin calls on bearish positions. The imbalance positioned XRP as an outlier compared to Bitcoin and Ethereum, which registered liquidations in both directions during the same timeframe.