Deep Dive
1. 5th Anniversary Tease (20 August 2025)
Overview:
Harvest Finance’s official X account hinted at “something new” ahead of its fifth anniversary, though specifics remain undisclosed. The protocol’s TVL surged 4x YoY to $43.4M as of July 2025, per earlier updates.
What this means:
This is bullish for FARM as anticipation builds around potential upgrades or incentives tied to the milestone. However, execution risks remain until details emerge. (Harvest)
2. cbXRP Vault Launch (17 July 2025)
Overview:
Harvest partnered with Moonwell DeFi to launch a cbXRP vault on Base, automating yield compounding from XRP lending. The move aligns with its focus on Layer 2 expansion.
What this means:
This is neutral-to-bullish, expanding Harvest’s product suite but facing competition from established yield platforms. Success hinges on sustaining APY competitiveness in a crowded market. (Harvest)
3. ProBit Global Delisting (29 May 2025)
Overview:
ProBit Global delisted FARM/ETH, citing platform quality reviews. Users had until 30 June 2025 to withdraw tokens. FARM retains listings on Binance, Coinbase, and Uniswap.
What this means:
This is bearish near-term due to reduced liquidity access for retail traders, though mitigated by remaining tier-1 exchange support. Delistings often signal compliance or volume concerns. (ProBit)
Conclusion
Harvest Finance balances growth initiatives (anniversary buzz, Base-chain vaults) against exchange attrition. Can new product rollouts offset reduced liquidity from delistings? Track TVL trends and exchange volume splits for clues.