Due to the withdrawal of a large LP, the Synthetix ecosystem stablecoin sUSD experienced a significant de-pegging early in the morning
ChainCatcher news, according to Coingecko data, the stablecoin sUSD minted by Synthetix ecosystem staking SNX had depegged to around 0.925 earlier today, and has now rebounded to 0.956 USD.
Blockchain security firm Chaos Labs analyzed that the reason for the depegging may be due to a large sBTC/wBTC liquidity provider suddenly withdrawing liquidity, using Synthetix's spot synth redemption to obtain sUSD, and selling sUSD in the related Curve pool.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
