During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.
How Binance’s USDe ‘depeg’ cost the exchange millions
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During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.