The navigation just got an upgrade. We’ve introduced a new “Explore” tab, giving you quick access to Usual Protocol’s documentation, transparency page, governance, and blog—all in one place.

Added

• Faster USUAL Rewards Claiming – Rewards are now verified in just 3 days instead of 7, giving users quicker access to their earned USUAL. Whether you're earning >8.4% APY by holding USD0++ or >30% through USL, your rewards now arrive faster.

Improvements

• Hype Module TVL Adjustment – USUALx is no longer included in the Hype Module’s TVL, which now focuses solely on USD0 and Lagoon vault shares.

• Vault Index UI Enhancements – Made small UI improvements to the Vaults index page for a smoother experience.

The first Usual Vault is here. USD0++ holders can now gain exposure to stUSR through the ustUSR++ Vault, while continuing to earn USUAL rewards. Designed for capital efficiency, this vault leverages Lagoon’s infrastructure to help users stack yield opportunities while maintaining exposure to high-performing assets.

Alongside this, a new Vaults page is now live on the dApp, making it easier to track all active vaults and get a sneak peek at upcoming ones.

Why use Vaults?

• Earn multiple yields – Unlock layered yield strategies while staying exposed to top assets.

• Better capital efficiency – Deploy capital more effectively without losing access to liquidity.

• Seamless access – No need to actively manage positions—just deposit and let the vaults work for you.

More vaults are on the way, and this is just the beginning.

Improved

• dApp Success Module TVL – Now includes USUALx and Lagoon vault shares instead of just USD0.

• Protocol Treasury – Added future fees from the Lagoon vault.

• Tech Debt – Various backend improvements for better stability and performance.

Added

• Treasury Fix – Resolved an issue where Euler dUSD0 was double-counted in the yield treasury.

Tracking your rewards just got a whole lot easier. Now, you can see exactly where your claimable USUAL rewards come from, with a detailed breakdown across USD0++ and Liquidity buckets, plus the specific products you’ve invested in.

When claiming, you can now:

• See USUAL rewards per product—no more guessing.

• Check upcoming claimable rewards—know what’s unlocking next cycle.

• Track all claim transactions in the new History tab.

More transparency, better tracking, and total clarity over your earnings. Enjoy the upgrade!

Improved

• Max APY on Euler USL – The Euler USL card in the Yield Opportunities section now displays the maximum APY a user can achieve when utilizing maximum leverage.

• Performance enhancements – Back-end and front-end updates for a smoother and more efficient experience.

Finding the right market just got simpler. Pendle products are now neatly grouped by LP/YT/PT, with all maturities organized under each category. Morpho markets are now grouped by their respective lending assets—so when multiple markets exist (e.g., USD0++, USD0USD0++), they’re all in one place.

No more endless scrolling through the Products Table—just a cleaner, faster way to find exactly what you need.

Added

• New Morpho markets – The front-end now displays new Morpho markets under the USD0 vault: USD0++/USD0 and USD0USD0++/USD0.

• Morpho USD0 vault – Added a Morpho USD0 vault yield card to the dApp and included it in the Products Table.

Fixed

• Claim rewards update – Fixed a bug where the claimable amount didn’t update immediately after a successful reward claim—no more page refresh needed.

• USL sub-account balances – USL on Euler now correctly includes all sub-accounts when displaying balances in the dApp.

• USUAL* display fixes – Resolved an issue causing loading skeletons to appear for balances and APYs for users with USUAL* in their connected wallets.

The cheapest fixed-rate borrowing in DeFi is here. Usual Stability Loans (USL) deployed on Euler, makes borrowing more predictable, efficient, and cost-effective—unlocking USD0++ discount arbitrage while increasing available capital across the Usual ecosystem. More liquidity, better rates, and smarter borrowing.

This release is a big one—it’s also our first-ever governance proposal in action. Community-driven and built to optimize borrowing, this release is a major step toward making borrowing cheaper, more predictable, and more accessible for all users. Check out the full breakdown in our blog post.

You spoke, we listened! From day one, you asked for better visibility on your staked USUAL, and now it’s here. Now, your total USUAL balance is now crystal clear. Plus, you can see the projected amount of USUAL you’re set to receive over the next 24 hours based on your staked USUALx.

More transparency. More control. All at a glance. Your feedback drives Usual. Keep it coming!

Improved



• Enhanced custom slippage settings, allowing users to set slippage as low as 0.01% for greater flexibility.

• Improved production dApp performance for the Safari/Firefox/non-chromium based browsers.

• Introduced a sync between the selected output asset on the “Swap” page and the selected asset in the FAQ and Usual Assets modules.

• Multiple minor UX improvements.

Staking just got an upgrade. Now, when you stake USUAL, you’ll earn extra rewards in USD0—on top of your existing USUALx yield, paid out weekly from protocol revenues. This means your staked USUAL now benefits from a new stream of rewards, adding even more value to holding USUALx.

Activation on January 13th at 00:00 UTC+0

We’ve also made things clearer. USUALx is now separate from the “Claim Rewards” module, so you can easily track your positions. Plus, your APY now includes both USUALx APY + Revenue Switch APY in USD0, giving you a full picture of your earnings.

More rewards. More clarity. Read the full update here.