Ethena's USDe Briefly Drops 8% on Binance
Ethena's synthetic dollar, USDe, experienced a brief flash crash on Binance, falling to 0.9202 USDT before recovering to 0.9996 USDT. According to a report by Wu Blockchain on September 22, the asset deviated approximately 8% from its 1 USDT peg.
Summaries are written by AI from the original article. Not investment advice.