• bitcoinBitcoin (BTC) $ 103,943.00
  • bitcoinBitcoin (BTC) $ 103,943.00
  • ethereumEthereum (ETH) $ 3,505.76
  • ethereumEthereum (ETH) $ 3,505.76
  • tetherTether (USDT) $ 0.999758
  • tetherTether (USDT) $ 0.999758
  • xrpXRP (XRP) $ 2.27
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 951.15
  • bnbBNB (BNB) $ 951.15
  • usd-coinUSDC (USDC) $ 0.999695
  • usd-coinUSDC (USDC) $ 0.999695
  • staked-etherLido Staked Ether (STETH) $ 3,506.17
  • staked-etherLido Staked Ether (STETH) $ 3,506.17
  • tronTRON (TRX) $ 0.281064
  • tronTRON (TRX) $ 0.281064
  • dogecoinDogecoin (DOGE) $ 0.165109
  • dogecoinDogecoin (DOGE) $ 0.165109
  • cardanoCardano (ADA) $ 0.541266
  • cardanoCardano (ADA) $ 0.541266
  • wrapped-stethWrapped stETH (WSTETH) $ 4,272.81
  • wrapped-stethWrapped stETH (WSTETH) $ 4,272.81
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.01
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.01
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,151.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,151.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,791.71
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,791.71
  • chainlinkChainlink (LINK) $ 15.03
  • chainlinkChainlink (LINK) $ 15.03
  • hyperliquidHyperliquid (HYPE) $ 37.53
  • hyperliquidHyperliquid (HYPE) $ 37.53
  • bitcoin-cashBitcoin Cash (BCH) $ 497.34
  • bitcoin-cashBitcoin Cash (BCH) $ 497.34
  • usdsUSDS (USDS) $ 0.999925
  • usdsUSDS (USDS) $ 0.999925
  • wrapped-eethWrapped eETH (WEETH) $ 3,787.12
  • wrapped-eethWrapped eETH (WEETH) $ 3,787.12
  • ethena-usdeEthena USDe (USDE) $ 0.999349
  • ethena-usdeEthena USDe (USDE) $ 0.999349
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999465
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999465
  • stellarStellar (XLM) $ 0.276556
  • stellarStellar (XLM) $ 0.276556
  • leo-tokenLEO Token (LEO) $ 9.49
  • leo-tokenLEO Token (LEO) $ 9.49
  • wethWETH (WETH) $ 3,510.49
  • wethWETH (WETH) $ 3,510.49
  • whitebitWhiteBIT Coin (WBT) $ 52.72
  • whitebitWhiteBIT Coin (WBT) $ 52.72
  • suiSui (SUI) $ 2.05
  • suiSui (SUI) $ 2.05
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,967.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,967.00
  • hedera-hashgraphHedera (HBAR) $ 0.174932
  • hedera-hashgraphHedera (HBAR) $ 0.174932
  • avalanche-2Avalanche (AVAX) $ 16.61
  • avalanche-2Avalanche (AVAX) $ 16.61
  • zcashZcash (ZEC) $ 411.63
  • zcashZcash (ZEC) $ 411.63
  • litecoinLitecoin (LTC) $ 86.59
  • litecoinLitecoin (LTC) $ 86.59
  • moneroMonero (XMR) $ 337.66
  • moneroMonero (XMR) $ 337.66
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • the-open-networkToncoin (TON) $ 1.97
  • the-open-networkToncoin (TON) $ 1.97
  • daiDai (DAI) $ 0.999854
  • daiDai (DAI) $ 0.999854
  • usdt0USDT0 (USDT0) $ 0.999642
  • usdt0USDT0 (USDT0) $ 0.999642
  • crypto-com-chainCronos (CRO) $ 0.125703
  • crypto-com-chainCronos (CRO) $ 0.125703
  • polkadotPolkadot (DOT) $ 2.59
  • polkadotPolkadot (DOT) $ 2.59
  • mantleMantle (MNT) $ 1.23
  • mantleMantle (MNT) $ 1.23
  • bittensorBittensor (TAO) $ 418.69
  • bittensorBittensor (TAO) $ 418.69
  • memecoreMemeCore (M) $ 2.33
  • memecoreMemeCore (M) $ 2.33
  • susdssUSDS (SUSDS) $ 1.07
  • susdssUSDS (SUSDS) $ 1.07
  • uniswapUniswap (UNI) $ 5.18
  • uniswapUniswap (UNI) $ 5.18
  • aaveAave (AAVE) $ 196.56
  • aaveAave (AAVE) $ 196.56
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109779
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.109779
  • usd1-wlfiUSD1 (USD1) $ 0.998553
  • usd1-wlfiUSD1 (USD1) $ 0.998553
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
  • paypal-usdPayPal USD (PYUSD) $ 0.999914
  • bitget-tokenBitget Token (BGB) $ 3.96
  • bitget-tokenBitget Token (BGB) $ 3.96
  • okbOKB (OKB) $ 131.48
  • okbOKB (OKB) $ 131.48
  • internet-computerInternet Computer (ICP) $ 5.09
  • internet-computerInternet Computer (ICP) $ 5.09
  • nearNEAR Protocol (NEAR) $ 1.88
  • nearNEAR Protocol (NEAR) $ 1.88
  • pepePepe (PEPE) $ 0.000006
  • pepePepe (PEPE) $ 0.000006
  • ethenaEthena (ENA) $ 0.322696
  • ethenaEthena (ENA) $ 0.322696
  • ethereum-classicEthereum Classic (ETC) $ 14.82
  • ethereum-classicEthereum Classic (ETC) $ 14.82
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.67
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.67
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,506.52
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,506.52
  • falcon-financeFalcon USD (USDF) $ 0.994055
  • falcon-financeFalcon USD (USDF) $ 0.994055
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.07
  • tether-goldTether Gold (XAUT) $ 3,991.97
  • tether-goldTether Gold (XAUT) $ 3,991.97
  • solanaWrapped SOL (SOL) $ 161.11
  • solanaWrapped SOL (SOL) $ 161.11
  • aptosAptos (APT) $ 2.74
  • aptosAptos (APT) $ 2.74
  • ondo-financeOndo (ONDO) $ 0.606852
  • ondo-financeOndo (ONDO) $ 0.606852
  • pi-networkPi Network (PI) $ 0.226034
  • pi-networkPi Network (PI) $ 0.226034
  • aster-2Aster (ASTER) $ 0.921697
  • aster-2Aster (ASTER) $ 0.921697
  • usdtbUSDtb (USDTB) $ 0.998893
  • usdtbUSDtb (USDTB) $ 0.998893
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.167114
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.167114
  • htx-daoHTX DAO (HTX) $ 0.000002
  • htx-daoHTX DAO (HTX) $ 0.000002
  • worldcoin-wldWorldcoin (WLD) $ 0.711783
  • worldcoin-wldWorldcoin (WLD) $ 0.711783
  • dashDash (DASH) $ 131.39
  • dashDash (DASH) $ 131.39
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • kucoin-sharesKuCoin (KCS) $ 12.26
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,031.72
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,031.72
  • hash-2Provenance Blockchain (HASH) $ 0.029494
  • hash-2Provenance Blockchain (HASH) $ 0.029494
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.95
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.95
  • arbitrumArbitrum (ARB) $ 0.262133
  • arbitrumArbitrum (ARB) $ 0.262133
  • official-trumpOfficial Trump (TRUMP) $ 7.21
  • official-trumpOfficial Trump (TRUMP) $ 7.21
  • gatechain-tokenGate (GT) $ 11.97
  • gatechain-tokenGate (GT) $ 11.97
  • algorandAlgorand (ALGO) $ 0.158145
  • algorandAlgorand (ALGO) $ 0.158145
  • pump-funPump.fun (PUMP) $ 0.003861
  • pump-funPump.fun (PUMP) $ 0.003861
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,702.59
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,702.59
  • pax-goldPAX Gold (PAXG) $ 3,985.47
  • pax-goldPAX Gold (PAXG) $ 3,985.47
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,686.62
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,686.62
  • bfusdBFUSD (BFUSD) $ 0.999510
  • bfusdBFUSD (BFUSD) $ 0.999510
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.63
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 37.63
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.13
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,015.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,015.00
  • ignition-fbtcFunction FBTC (FBTC) $ 104,425.00
  • ignition-fbtcFunction FBTC (FBTC) $ 104,425.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,760.79
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,760.79
  • wbnbWrapped BNB (WBNB) $ 950.64
  • wbnbWrapped BNB (WBNB) $ 950.64
  • vechainVeChain (VET) $ 0.014423
  • vechainVeChain (VET) $ 0.014423
  • cosmosCosmos Hub (ATOM) $ 2.55
  • cosmosCosmos Hub (ATOM) $ 2.55
  • kaspaKaspa (KAS) $ 0.045118
  • kaspaKaspa (KAS) $ 0.045118
  • story-2Story (IP) $ 3.70
  • story-2Story (IP) $ 3.70
  • skySky (SKY) $ 0.051061
  • skySky (SKY) $ 0.051061
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999504
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999504
  • jupiter-exchange-solanaJupiter (JUP) $ 0.348287
  • jupiter-exchange-solanaJupiter (JUP) $ 0.348287
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,728.68
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,728.68
  • flare-networksFlare (FLR) $ 0.013772
  • flare-networksFlare (FLR) $ 0.013772

BREAKING: Stablecoin That Lost Its $1 Peg During the Big Crash Issues Statement

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BREAKING: Stablecoin That Lost Its $1 Peg During the Big Crash Issues Statement

Following shockwaves in the cryptocurrency market, the USDE token in the Ethena ecosystem lost its $1 peg. The DEPEG incident occurred shortly after Donald Trump announced he would impose 100% tariffs on China.

Ethena stated that USDE is experiencing volatility in the secondary market due to sudden market fluctuations and widespread liquidations. The protocol asserted that its minting and redemption functions are functioning smoothly and that USDE remains overcollateralized.

The statement noted that futures contracts were trading below spot prices due to liquidations, leading to unexpected impacts on USDE’s realized profits. Ethena stated that it would benefit the protocol by realizing these positions.

As a result, the events reportedly left USDE more collateralized than the previous day. The protocol stated that it will share updates as developments unfold.

*This is not investment advice.

Source

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