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TommyOct 13, 2025 at 06:42 am
Fantastic post by on $ENA USDe did not depeg, Binance did. The issue is Binance not having a direct relationship to allow market makers to mint/redeem to arb the price + not using the deepest liquidity pool (curve) as the oracle price Ethena operated A+Did Ethena Really Depeg? I’ve seen a lot of chatter about the Ethena depeg during the market mayhem this weekend. The story is that USDe briefly depegged to ~68c before recovering. Here’s the Binance chart everyone is quoting: But digging into the data and talking to a bunch of x.com/gdog97_/status…
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Jonathan ReedOct 13, 2025 at 03:58 am
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King Of ParaOct 12, 2025 at 10:57 pm
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King Of ParaOct 12, 2025 at 09:21 pm
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King Of ParaOct 12, 2025 at 04:03 pm
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DecodeOct 12, 2025 at 11:01 am
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