NO, ETHENA'S USDE DIDN'T DE-PEG
https://cdn.sanity.io/images/s3y3vcno/production/caf07168c0d4ab0c4a701160d190c9e2010bf792-1920x1121.jpg?auto=format&w=960&h=540&crop=focalpoint&fit=clip&q=75&fm=jpg
✍️ Ethena's synthetic dollar, USDe, briefly dropped to 65 cents on Binance due to technical issues, but remained stable on other platforms.
👉 Binance's technical issues caused a brief price drop of USDe to 65 cents 👉 The incident was isolated to Binance and did not affect other platforms 👉 USDe remained stable on other platforms with deeper liquidity 👉 Good liquidation mechanisms are crucial to prevent exaggerated price drops
-- #HaseebQureshi #GuyYoung #Binance #Curve #Uniswap #Bytbit #technology
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