PANews reports that on February 26, The Block stated that the on-chain asset management firm MEV Capital’s assets have decreased by 80% from a peak of $1.5 billion in October 2025 to approximately $300 million as of February 25. The asset decline over four months was triggered by the stablecoin de-pegging event on October 10 last year, which caused automatic liquidations across multiple protocols and resulted in direct losses exceeding $10 million for the company. MEV Capital heavily invested in the yield strategies of the deUSD stablecoin issued by Elixir. The shrinking assets led to a significant drop in revenue. The company’s total protocol revenue in Q1 2026 fell to $804,720, down 86.8% from $6.1 million in Q4 2025, and down 92.4% from the peak of $10.62 million in Q1 2025. Quarterly earnings dropped from $608,910 in Q4 2025 to $99,020 in the most recent quarter. CEO Laurent Bourquin has stepped back from the public eye, and about 10 of the original 15 employees have left.
Luxembourg-based digital asset investment platform Belem Capital announced it has terminated its management authorization with MEV Capital, internalized its institutional asset management team, and integrated 10 asset management and risk technology experts. The tokenization protocol Midas has ended its partnership with MEV Capital and appointed RockawayX as the strategy manager for its mMEV and mevBTC products. RockawayX will be responsible for ongoing risk monitoring and strategy oversight, and all pending redemptions have been completed at the latest verified prices.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
WLFI Proposes Token Governance Plan: 62.2B Tokens Locked for Minimum 2 Years, 10% Team Share Burn
World Liberty Financial (WLFI) has proposed a governance plan locking 62.2 billion WLFI tokens for two years, with different vesting schedules for advisors and early supporters. This aims to enhance long-term governance in DeFi and includes a token burn requirement.
GateNews1h ago
Cardano Founder Says Crypto Parties Won’t Boost ADA Price – Here’s Why
Charles Hoskinson just dropped a reality check on the Cardano community. His message is simple. Crypto parties and big conference events are not going to move the ADA price. Instead, he wants to take the funds that would have been spent on flashy gatherings and put them into permanent global co
CaptainAltcoin2h ago
Cardano Founder Says Crypto Parties Won’t Boost ADA Price – Here’s Why
Charles Hoskinson just dropped a reality check on the Cardano community. His message is simple. Crypto parties and big conference events are not going to move the ADA price. Instead, he wants to take the funds that would have been spent on flashy gatherings and put them into permanent global co
CaptainAltcoin5h ago
TRON Becomes First Major Blockchain to Deploy Post-Quantum Cryptographic Signatures on Mainnet
Justin Sun announced TRON's post-quantum upgrade initiative, aiming to implement NIST-standardized cryptographic signatures on its mainnet to counter future quantum computing threats, positioning TRON ahead of Bitcoin and Ethereum in quantum preparedness.
GateNews5h ago
Polygon Launches sPOL to Unlock $3.6B in Staked POL and Boost Staker Rewards
Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.
GateNews7h ago
Cardano Founder Says Crypto Parties Won’t Boost ADA Price – Here’s Why
Charles Hoskinson just dropped a reality check on the Cardano community. His message is simple. Crypto parties and big conference events are not going to move the ADA price. Instead, he wants to take the funds that would have been spent on flashy gatherings and put them into permanent global co
CaptainAltcoin8h ago
