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Explanations of USDe ‘depeg’ on Binance focus on coordinated attack, oracles

October 12, 2025 by DIGIT
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Explanations of USDe 'depeg' on Binance focus on coordinated attack, oracles

Ethena founder Guy Young said the USDe depegging event on Binance that sent the token to $0.65 was an isolated issue not tied to fundamentals.

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  • bitcoinBitcoin(BTC)$88,894.00-0.90%
  • ethereumEthereum(ETH)$2,942.99-0.55%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$880.69-1.25%
  • rippleXRP(XRP)$1.90-1.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.59-0.81%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.295716-0.42%
  • staked-etherLido Staked Ether(STETH)$2,942.12-0.56%
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  • bitcoinBitcoin(BTC)$88,894.00-0.90%
  • ethereumEthereum(ETH)$2,942.99-0.55%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$880.69-1.25%
  • rippleXRP(XRP)$1.90-1.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.59-0.81%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.295716-0.42%
  • staked-etherLido Staked Ether(STETH)$2,942.12-0.56%