USDe May Have Depegged on Binance; Ethena Says Issue Appears Isolated, Liquidity Tracking Could Limit Liquidation Risk
USDe May Have Depegged on Binance; Ethena Says Issue Appears Isolated, Liquidity Tracking Could Limit Liquidation Risk
CoinOtag 2025-10-13 07:04:36
The USDe depeg on 10 October was a platform-specific pricing dislocation on Binance that pushed Ethena’s synthetic stablecoin to roughly $0.65. According to Ethena founder Guy Young and exchange feed