Ethena: USDe experienced short-term fluctuations due to market impact, but maintained over-collateralization and normal operation
2025-10-10 22:45:29
Ethena Labs said USDe's secondary market price fluctuated temporarily due to wild market fluctuations and large-scale liquidations. However, its minting and redemption functions have remained normal throughout the process, and USDe remains overcollateralized. Ethena will continue to update relevant information.
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