Browsing: Depeg
The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue, not because of the…
As $1 billion in redemptions flowed through the market, Ethena Labs maintains that its synthetic dollar, USDe, functioned as intended,…
According to Guy Young, founder of Ethena Labs, the USDe synthetic dollar’s depegging on the Binance crypto exchange was due…