News with the tag "Depeg"

Usual Protocol has introduced a revenue-sharing model to stabilize its ecosystem following USD0++ depegging from $1.

Some top LSTs have previously seen price deviations of up to 77% from Ether’s price due to mass sell-offs paired with liquidations on leveraged lending protocols.

According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges in m...

Renzo Protocol’s restaked Ether token, EZETH, experienced a significant price depeg on April 24 after it’s airdrop campaign, causing a temporary drop in its value on the Uniswap decentralized exchange. The post Renzo Protocol’s EZETH Faces Price Depeg Following End of Airdrop Campaign appeared first...

The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth...

Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token’s trading value fluctuated between $0.979 and $0.981. Concurrently, the Aave-developed stablecoin GHO has seen a rise to ...

TrueUSD (TUSD) experienced a significant depreciation, dropping to as low as 97 cents, triggered by reports of traders liquidating over $300 million worth of the stablecoin, according to data from Binance. Binance’s announcement on January 15 about farming $MANTA by staking $BNB and $FDUSD, excludin...

The TrueUSD team has linked the recent TUSD depegging to Binance Launchpool activities. The team reiterated that TUSD redemption services “are always accessible.” The team behind TrustToken-issued stablecoin TrueUSD (TUSD) The post TrueUSD (TUSD) Links Recent Depegging To Binance Launchpool Activity...

Stablecoin TrueUSD (TUSD) depegs further, dropping to a point of around $0.9708 on Thursday morning. TUSD has since slightly recovered, trading at around $0.9723 at 11:15 a.m. in Hong Kong, The post TrueUSD (TUSD) Depegs Further, Hits Low Point Of $0.97 appeared first on BitcoinWorld .

TrueUSD (TUSD) experienced a significant depeg event, sparking backlash across exchanges and social media. TrueUSD Falls Below $1 Peg, Sparks Concerns In the past 24 hours, TrueUSD (TUSD) experienced a The post Backslash As TrueUSD (TUSD) Depeg Below $1, TrueUSD No Longer True? appeared first on Bit...