RHEA Annoucement

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Updated: May 15, 2026 at 6:42 PM

RHEA Annoucement

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA Recovery with Maintenance Mode

We're here to inform on RHEA has entered the Phase 2 of Recovery Plan with Maintenance Mode. As only authorized recovery accounts can operate in the meantime.

👉 Four Key Actions Happen During This Phase:
1️⃣ Interest effects attributable to the incident period are intended to be adjusted by reference to the pre-pause state.
This applies to both excessive borrow costs and abnormal supply gains.

2️⃣ Liquidity is expected to be added to reserve pools to support withdrawals once the protocol reopens.

3️⃣ Assets held in contract accounts may be recovered, reconciled, and redeployed where necessary.

4️⃣ Two features are permanently disabled: opening new margin positions and using LP tokens as collateral, although users can still close their positions.

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RHEA Annoucement

May 22, 2026, 03:59 PM

NEAR Legion's Open Mic x RHEA Finance Live

RHEA's live session with https://x.com/NEARLegion in now live. 🤝

Don’t miss this session featuring Rhea Finance's Aescobar.

Come join in for a https://x.com/NEARProtocol and https://x.com/rhea_finance community discussion.

🎙Join Here:
https://x.com/i/spaces/1jGXgeYygZLKZ?s=20

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA's Infrastructure and Security Improvement Act

RHEA is adopting a layered security model that balances protection with verifiable transparency. 🔐

Keeping codebase semi-private to reduce exploit risk, while allowing vetted, time-limited GitHub access. Public SDKs remains open for ecosystem development.

On the protocol side, LP collateral is disabled to reduce external risk as lending is more isolated and pure function. Additionally, auto-lock circuit breaker will pause operations during abnormal or exploit-like activity.

Security reinforced by real-time on-chain monitoring and weekly AI audits to detect trends, state changes, and slower risks.

RHEA also uses Hash API with contract fingerprints verified by BlockSec for community to confirm audited code and flag mismatches.

Additional details is provided in the post article below. 👇

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RHEA Annoucement

May 22, 2026, 03:59 PM

NEAR Legion's Open Mic x RHEA Finance

RHEA's going live within the next 2 hours with https://x.com/NEARLegion. 🤝

Don’t miss this session featuring Rhea Finance's Aescobar.

Some join in for a https://x.com/NEARProtocol and https://x.com/rhea_finance community discussion.

🎙 Set Reminders Here:
https://x.com/i/spaces/1jGXgeYygZLKZ?s=20

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA's Recovery Plan Update

Following the recent incident, the exploit is contained and the protocol is now entering recovery phase. User protection remains top priority. 👷🏻‍♂️

Protocol is paused for fixes, audits, and testing. Interest at 0%, no balances have been reset, and recovered funds have returned with USDT pending release by Tether. 🌐

👉 Four Phases Recovery:
1️⃣ Contract Fixing, 1 week: Protocol remains closed.
2️⃣ Maintenance, 1 week: Interest adjustments, liquidity added, assets reconciled.
3️⃣ Controlled Reopen, 24h: Access restored with delayed liquidations.
4️⃣ Full Reopen, May 4 to 8: Normal operations resume.

👉 What It Means:
1️⃣ No balance resets, no intended principal loss.
2️⃣ Temporary limited access for recovery.
3️⃣ Adjustments to abnormal yields/borrow costs.

RHEA focus is om safe, fair recovery for full reopening. Further details in the post Article.👇

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA's Recovery Plan Update

Following the recent incident, the exploit is contained and the protocol is now entering recovery phase. User protection remains top priority. 👷🏻‍♂️

Protocol is paused for fixes, audits, and testing. Interest at 0%, no balances have been reset, and recovered funds have returned with USDT pending release by Tether. 🌐

👉 Four Phases Recovery:
1️⃣ Contract Fixing, 1 week: Protocol remains closed.
2️⃣ Maintenance, 1 week: Interest adjustments, liquidity added, assets reconciled.
3️⃣ Controlled Reopen, 24h: Access restored with delayed liquidations.
4️⃣ Full Reopen, May 4 to 8: Normal operations resume.

👉 What It Means:
1️⃣ No balance resets, no intended principal loss.
2️⃣ Temporary limited access for recovery.
3️⃣ Adjustments to abnormal yields/borrow costs.

RHEA focus is om safe, fair recovery for full reopening. Further details in the post Article.👇

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA Pre-Recovery Plan & Update

Following our April 16 and 17 reports, we’re sharing the latest recovery progress and reopening plan.

Most affected assets have been recovered, with an estimated $0.4M USD shortfall primarily NEAR, USDT, USDC and ZEC. RHEA will fully cover any remaining deficit for all users will be made whole.

We are working with NEAR ecosystem partners, Zcash contributors, and law enforcement on recovery efforts as details are limited due to ongoing investigations.

👉 Protocol Status:
RHEA DEX is unaffected and reopened as malicious pools were removed. Margin Trading on NEAR has been permanently discontinued.

Lending will reopen in phases in early May 2026, pending fund resolution, audits, upgrades, and monitoring systems.

👉 Reopening Approach:
Close-only positions initially, LP tokens withdraw-only, 0% interest during remediation, and token states reset to pre-hack conditions.

User safety remains our priority. We will not consider this resolved until users are made whole and all security improvements are complete. Further Recovery Plan updates will follow.

RHEA Finance Team — April 22, 2026

More information provided in the following post Article.👇

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA NEAR Dex is Live

RHEA DEX on NEAR has resumed full live operations. 🌐

To also be clear to the community that the DEX itself was never at risk. 🤝

The temporary pause was a precautionary measure taken to carefully assess transactions linked to the recent exploit and to support the recovery of stolen funds. 💰

We appreciate your patience and continued trust as we worked through this process as full update on RHEA Lending will follow shortly. 👷‍♂️

👉 RHEA's NEAR Dex: https://app.rhea.finance/

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA Finance Incident Update

On April 16, 2026, RHEA Finance experienced an unauthorised
exploitation of its Margin Trading feature, resulting in
approximately $18.4M USD drained from the protocol's reserve pool.

The attacker exploited a weakness in the slippage protection
mechanism, manipulating swap routes to bypass expected safeguards.🛡

👉 Current Status:
1️⃣3.359M USDC & 1.564M NEAR returned to the lending contract.
2️⃣4.34M USDT frozen via Tether & NEAR Intents.
3️⃣Lending contract paused to preserve remaining funds.
4️⃣ Formal trace opened with centralised exchanges (CEX).
5️⃣Leading security team engaged for forensic investigation.

A recovery and compensation framework is currently being developed and will be communicated to the community once finalised. 🤝

👉 We remain committed to full transparency as our investigation
progresses.

Read the incident report for further details ⬇️

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RHEA Annoucement

May 22, 2026, 03:59 PM

RHEA's Progress Update

We're here to provide an update on the fund recovery process and reopening of RHEA protocol.

As of now, funds continue to be returned and we have received additional assets from the exploiter since our last update.

The team is performing due diligence across all protocol components and is confident in moving toward a gradual reopening of the protocol, starting with RHEA DEX on NEAR, which is aimed to go live after all contracts have been reviewed and security has hardened.

A detailed recovery plan, asset breakdown, and user support and recovery framework will be published once finalized as we'll keep community posted on the progress. 🤝

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RHEA Annoucement

May 8, 2026, 04:37 AM

RHEA Finance Progress Update

The Rhea team would like to provide an update regarding the recent exploit. Since identifying the situation approximately 10 hours ago, we have been focused on safeguarding users and coordinating recovery efforts across all fronts.

Based on a preliminary analysis, the attacker leveraged a vulnerability in Rhea’s Margin Trading feature to execute a coordinated pool manipulation attack.

The Rhea Lend smart contract was affected. The Rhea DEX contract was not. Both contracts are currently paused to protect Rhea Lend. rNEAR was not affected and is not paused.

Funds are actively being recovered and the team is in communication with the involved party regarding the return of the remaining funds.

The addresses currently being tracked include👇:
1️⃣ ETH: https://etherscan.io/address/0xbb5fa936469cadb8907f3aef80f5b53f55bc11f6
2️⃣ NEAR: https://nearblocks.io/address/31ac7a2705a0686ff427b1a52d3ffd1fcfaa4b1f3cb3e83a0f767494e724a540

👉 In parallel, we have engaged a leading security team to support with:
1️⃣Deeper forensic investigation.
2️⃣Real-time tracking of fund movements.
3️⃣Strategic recovery efforts.

Their expertise is critical in ensuring a swift, coordinated, and effective response. We have notified relevant law enforcement authorities, and will ensure the matter is handled in the appropriate legal and investigative channels.

We will continue to provide updates as new information becomes available as a full incident analysis will follow.

Again we thank you the Rhea and Near community's understanding and support while we continue on with further steps on the issue at hand.

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RHEA Annoucement

May 8, 2026, 04:37 AM

RHEA Finance Announcement Update

The RHEA team is aware of an incident affecting the protocol. As a precautionary measure, we have temporarily paused the contracts while we conduct a thorough investigation. 🔎

We are working closely with key partners, stakeholders, and security experts. Protecting user positions is our immediate priority, and our team is focused on minimizing any potential impact. 🌐

RHEA team has reached out to the responsible party through on chain transaction. 👇
https://nearblocks.io/txns/6r5c2iZighKJRcjXLkBbhQJxZ5dmzKTZDnqT7cmd8gh6?tab=execution#9BfCGUigv3w8TFRx5n8t5Qira62oBcrcAp2fVeGfFZVC

In the meantime, we appreciate your patience and support as we continue our efforts on this. 🤝

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RHEA Annoucement

May 8, 2026, 04:37 AM

RHEA's Beta Multi-chain Lending Airdrop

We would like to thank everyone that joined RHEA's Beta Airdrop Campaign. 🤝

With one wallet for multiple chains on RHEA, you can now verify and claim now. 🌐

👉 Claim Here : https://app.rhea.finance/airdrop
👉 Try It Out : http://x.rhea.finance/

More campaigns are coming so stay tune to RHEA and more details on https://x.com/rheaecosystem/status/2044443915668033969 sub-tweet. 👇

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RHEA Annoucement

May 8, 2026, 04:37 AM

RHEA Integrated on Binance Wallet

RHEA is now accessible directly through Binance Wallet in the Binance App. 🌐

With no extra steps and no friction, Binance users can now access X Chain RHEA lending natively. 🤝

💡Pro Tip: Users can move funds directly from your Binance CEX account and onto Binance Wallet to start lending on RHEA X Chain instantly. 💰

👉 Access Yields Here: https://x.rhea.finance/en

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RHEA Annoucement

May 8, 2026, 04:37 AM

Cross-Chain Earning on RHEA Soon

We're here to showcase what's to come for Rhea's Cross-Chain Earning. 🌐

With the two largest stablecoins based on market cap and community trust for both $USDT and $USDC. 💰

Get ready to earn with us through Cross-Chain Soon. 👈

👉 Try It Out : http://x.rhea.finance/

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RHEA Annoucement

May 8, 2026, 04:37 AM

RHEA's TVL Recap

Sharing that opportunities on RHEA is limitless. 📈

The leading on-chain stablecoin yield in $rNEAR and the native stable itself supported across EVM & non-EVM chains. 🤝

Most Supply from https://x.com/trondao, https://x.com/Aptos https://x.com/solana and https://x.com/NEARProtocol which is fully powered by https://x.com/near_intents. 🌐

More L1 Native Assets are coming soon to https://x.com/rhea_finance. 👈

👉 Access Yields Here: https://x.rhea.finance/en

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RHEA Annoucement

May 8, 2026, 04:37 AM

300K $oRHEA for Aptos Defi Community

After the completion series of campaign with Zcash, Solana and Bera, RHEA continues on the Cross-Chain trend with Aptos. 🌐

As 300,000 $oRHEA has been allocated to the top 3 of the https://x.com/Aptos top DeFi communities. 🤝

👉100,000 $oRHEA each for:
1️⃣ https://x.com/hyperion_xyz.
2️⃣ https://x.com/TappExchange.
3️⃣ https://x.com/the_goblin_fi.

👉 To qualify, participants must hold one of the following:
1️⃣100 $xRION.
2️⃣1,000 $veTapp.
3️⃣100 $GoAPT.

Then supply a minimum of $100 in $USDT or $USDC on https://x.rhea.finance/ to receive your share.

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RHEA Annoucement

May 8, 2026, 04:37 AM

Borderless Yield Spaces with Aptos

Upcoming Borderless Yield kickoff on spaces with the https://x.com/Aptos ecosystem.

👉 Here's What To Know:
1️⃣ Save The Date: April 7 at 9:00 Am EST.
2️⃣ Set Your Reminders : https://x.com/i/spaces/1OxwblDvBbVJB?s=20

RHEA Is excited to get community support on building RHEA cross-chain lending on Aptos. 🤝

As we're expanding further with the Cross-Chain Aspects. 🌐

With more News and Incentives coming soon.👇

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RHEA Annoucement

May 8, 2026, 04:37 AM

📷 Photo

Borderless Yield Spaces with Aptos Upcoming Borderless Yield kickoff on spaces with the Aptos ecosystem. 👉 Here's What To Know: 1️⃣ Save The Date: April 7 at 9:00 Am EST. 2️⃣ Set Your Reminders : https://x.com/i/spaces/1OxwblDvBbVJB?s=20 RHEA Is excited…

263

RHEA Annoucement

May 8, 2026, 04:37 AM

RHEA's Buyback Update

📅 Monthly buyback completion as 1M $RHEA added to the buyback pool.

👉 Here's The 490M $RHEA Unlocked Supply Breakdown:
1️⃣ Staked, 156M.
2️⃣ Cumulative buybacks since TGE, 16M.
3️⃣ LP for NEAR , 14M.
4️⃣ LP for SOL, 4M.
5️⃣ LP for BNB, 14M.
6️⃣ Liquidity Provision, 25M.
7️⃣ Lending & Farming Boost, 10M.
8️⃣ Marketing Allocation Unused, 30M.

👉 Additional Note:
The remainder is held by the community and ongoing token conversions.

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

Multi-Language Support on RHEA

RHEA is borderless and we’re not just talking about the blockchain in general. 🌐

True decentralization means breaking down language barriers as community is global, so your experience should be too. 🤝

👉 Choose your Language and Dive In: https://x.rhea.finance/

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

RHEA Earn Coming Soon

Here's an upcoming teaser release on RHEA Cross-Chain.

Put your stables to work, by earning yield on $USDC, $USDT and more seamlessly across chains. 🌐

Move capital freely across chains while earning, all in one place so stay tuned. 💰

👉 Try it out: http://x.rhea.finance/

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

RHEA x Dolla Market : Powering Probabilistic Finance

We’re excited to support https://x.com/Dollamarket a probabilistic marketplace powered by RHEA’s verifiable randomness. 🧩

1️⃣ Fair by Design:
Triple Trust with User, TEE and On-Chain that ensures no one either users, Dolla, or even RHEA can predict or manipulate outcomes.

2️⃣ Seamless Multi-Chain:
Deposit from any chain and use your native wallet with zero friction.

3️⃣ Instant Execution:
From bid to settlement, everything is verified, fast, and fully on-chain.

4️⃣ Zero-Friction Fees:
No gas hassle and costs are automated.

👉 Why it matters:
The key takeaways are there's No manipulation, Instant results and Fully on-chain verification.

👉 Try It Out: https://app.rhea.finance/dolla

This is where the future of fair, transparent markets powered by RHEA so check out the post article below for more details. 👇

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

RHEA Revenue 2026

We're excited to share that despite market conditions, RHEA concludes Q1 2026 with strong growth across all core metrics as shown below. 📈

👉 Financials & Revenue
1️⃣Total Fees: > $800,000 USD.
2️⃣ Protocol Revenue: $210,000 USD.
3️⃣ Buybacks: January completed.
4️⃣ February and March buybacks will be executed as a single transaction in the first week of April.

👉 Protocol Activity
1️⃣ NEAR DEX Volume: $900M.
2️⃣ Lending Liquidity: $25.5M $USDT and $23.5M $USDC.
3️⃣ $ZEC Lending: 16,200 $ZEC, largest global market.
4️⃣ Liquid Staking: 12.1M $NEAR staked for $rNEAR.

👉 Token Ecosystem
1️⃣ $RHEA Staked: 148M.
2️⃣ $RHEA as Collateral: 93M.

Thank you to the community for a productive start on 2026. 📅

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

Dark Mode with RHEA

RHEA's X PFP went dark over the weekend, where we're excited with https://x.com/near_intents who is leading the "Dark" movement. 🕶

👉 http://x.rhea.finance/ is now even friendly for Degens use.

Switch "Modes" based on your convenience ⚪️⚫️: Trade, Supply, and Borrow as you wish here on RHEA.💰

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

RHEA Cross-Chain with TRON

RHEA's latest partnership with https://x.com/trondao, introduces Enhanced Cross-Chain Functionality between TRON and supported chains. 🌐

The following Chain Abstracted Liquidity solutions are demonstrated in video guide 👆:
1️⃣ Cross-Chain Collateral: Supply on TRON to borrow on NEAR, or supply on Solana to borrow on TRON.
2️⃣ Seamless Swaps: Direct trading between $TRX and more blue-chip assets with reliable trading's fee.
3️⃣ TRON Energy Rental: Access dedicated energy to significantly reduce Tron Dao transaction costs compared to standard TRX burning.

Get exposed to opportunity and cross chain liquidity: http://x.rhea.finance/

RT & Like:
https://x.com/rhea_finance/status/2037226204089245824

https://x.rhea.finance/ 🐾 https://t.me/rhea_finance https://t.me/ref_finance🐾 https://discord.com/invite/rheafinance 🐾 https://x.com/rhea_finance

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RHEA Annoucement

Apr 21, 2026, 01:31 PM

RHEA x TRON Live

X RHEA is officially LIVE on 🔴⚪️ https://x.com/trondao.

Users can now experience the ultimate chain abstracted liquidity solution for the TRON ecosystem:
1️⃣ Cross-Chain Power: Collateralize on TRON to Borrow on any.
2️⃣ Seamless Trading: Swap $TRX and $USDT to/from TRON instantly.
3️⃣ Maximum Efficiency: Full TRON energy rental support integrated.

👉 Start Here: http://x.rhea.finance/

👉 Additional Note:
RHEA automatically provisions energy to your address before executing TRC20 transfers on TRON if you don't have energy.
As this eliminates or significantly reduces the TRX you would otherwise burn on gas.

📖 Read more on RHEA x TRON integration here:
https://news.bitcoin.com/rhea-finance-integrates-tron-delivering-chain-abstracted-cross-chain-liquidity/

RT & Like:
https://x.com/rhea_finance/status/2036493569125646346

https://x.rhea.finance/ 🐾 https://t.me/rhea_finance https://t.me/ref_finance🐾 https://discord.com/invite/rheafinance 🐾 https://x.com/rhea_finance

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RHEA Annoucement

Apr 6, 2026, 10:43 AM

March Stablecoin Season at RHEA

We’re excited to share as we've seen $30 Million in new stable coin inflows $USDT, $USDC, $DAI supplied as collateral in March alone.💰

👉 The ecosystem is moving fast with:
1️⃣ High-Yield, Earn up to 7% APY on your stables.
2️⃣ Omnichain Freedom, Supply on any chain, Borrow on any chain.

The liquidity migration is here and it's time to join in. 🌐

Links to supply👇:
1️⃣ Supply on NEAR DApp: https://app.rhea.finance/
2️⃣ Supply on X RHEA Finance: https://x.rhea.finance/

Available Liquidity at 13,000,000 USD worth of stablecoin so check out RHEA today. 🤝

RT & Like:
https://x.com/rhea_finance/status/2035970993118949829

https://x.rhea.finance/ 🐾 https://t.me/rhea_finance https://t.me/ref_finance🐾 https://discord.com/invite/rheafinance 🐾 https://x.com/rhea_finance

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RHEA Annoucement

Apr 6, 2026, 10:43 AM

RHEA's Randomness API Live

RHEA's Randomness API is now live, powered by https://x.com/NEARProtocol Shade Agent and https://x.com/PhalaNetwork TEE.

Why RHEA Randomness:
1️⃣ Unpredictable, No one can see the result before it hits the chain.
2️⃣ Tamper-Proof, Hardware-level security ensures the generation process is never compromised.
3️⃣ Publicly Verifiable, Anyone can audit the cryptographic proof of the result.

👉 Proof of Concept: https://app.rhea.finance/dolla

The pilot application of RHEA Dolla market has been live, with 67 users generating 1,671 total bids.

Check out the RHEA Randomness API documentation👇:
https://docs.google.com/document/d/1BYK3XYMZ7sC8zfoMQXqqDifrQM570vdDrEIc0Pp9XqY/edit?usp=sharing

RT & Like:
https://x.com/rheaecosystem/status/2035962020193825109

https://x.rhea.finance/ 🐾 https://t.me/rhea_finance https://t.me/ref_finance🐾 https://discord.com/invite/rheafinance 🐾 https://x.com/rhea_finance

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RHEA Annoucement

Apr 6, 2026, 10:43 AM

RHEA's Referral Program

RHEA's Dex Aggregator V2 Protocol Fee Sharing is now live on the site. 🤝

👉 What To Do:
1️⃣ Connect Wallet.
2️⃣ Get your referral link in the top right corner.
3️⃣ Onboard your friend to trade with us.
4️⃣ You get 20% of RHEA Dex Agg V2's fees.

👉 Note:
Feature is only live on the https://app.rhea.finance/. So check out the following post for instructions and start referring by connecting your wallet and click on "Refer & Earn" https://x.com/rhea_finance/status/2034966355393597831.

RT & Like:
https://x.com/rhea_finance/status/2034966352650543272

https://x.rhea.finance/ 🐾 https://t.me/rhea_finance https://t.me/ref_finance🐾 https://discord.com/invite/rheafinance 🐾 https://x.com/rhea_finance

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