Binance’s Price Feeds Spark Temporary USDe Depeg

[lingriiddd]

Analysts say Binance’s orderbook diverged from on-chain liquidity, causing USDe to briefly appear below $1. Forced liquidations on the exchange amplified sell pressure, but DeFi protocols like Curve ignored the temporary dip due to hardcoded pegs, preventing broader systemic failures. Tether’s CEO used the incident to reaffirm USDT as reliable collateral.

[Swipe]

That dip showed how fragile liquidity links can be good reminder that even “pegged” assets rely on deep, synchronized markets to stay stable

[The_Walking_Dead]

Exactly even small desyncs expose how fragile DeFi infrastructure still is real stability will come only when on-chain and off-chain liquidity truly align ️

[Couturier]

True his incident highlights how DeFi’s biggest challenge isn’t innovation it’s coordination. Until liquidity layers talk seamlessly, “pegs” will always be stress points.