Symbiotic Launches Core V2, Transforming into DeFi Shared Collateral Infrastructure

CoinFeed reported on July 1, according to The Block, that the Paradigm-backed protocol Symbiotic officially launched Symbiotic Core V2, transitioning from a restaking protocol to infrastructure for the DeFi collateral market. Core V2 allows various applications such as insurance, credit, and RWA to share a common collateral pool. Each vault can independently set risk parameters, asset types, positions, and loss conditions, enforced on-chain. Idle funds can be automatically routed to blue-chip lending protocols like Aave and Morpho to earn base yield, and called upon when needed for performance.