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Home » How Binance’s USDe ‘depeg’ cost the exchange millions

Coinbase

How Binance’s USDe ‘depeg’ cost the exchange millions

By John SmithJune 25, 20261 Min Read

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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.

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