apxUSD Depeg Deepens To $0.80, DeFi Loans At Risk
apxUSD has slid to $0.80, down 20%, as its STRC and Strive collateral cracks. Here is what the depeg means for any wallet using it as DeFi collateral.
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MIM Crashes To $0.50, Abracadabra Hikes Cauldron Rates
MIM crashed near $0.50, about half its dollar peg, before Abracadabra hiked Cauldron rates to force repayment. Here is the exit math for MIM holders.
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msUSD Depegs 71% As Accountable Ends Proof Of Reserves
Main Street USD crashed 71% to $0.29 after Accountable cut its proof-of-reserves feed. The msY market on Morpho lost its anchor too.
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MIM Depegs To $0.87, Down 11% On Thin Arbitrum Liquidity
Abracadabra’s MIM stablecoin fell to $0.87 on thin Arbitrum liquidity. Here is the exit price, the depeg pattern, and the Curve gauge vote to watch.
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apxUSD Hits $0.93, Apyx Says Depeg Is A Feature
Apyx’s apxUSD slipped to $0.93 as Bitcoin fell and STRC dipped below par. The protocol calls the depeg a feature. Here is the equity risk behind the yield.
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$2.8M StablR Multisig Exploit Pushes EURR, USDR Off Peg
A 1-of-3 multisig compromise drained $2.8M from StablR by minting 8.35M USDR and 4.5M EURR. EURR fell 23%, USDR fell 30%. Both trade on Ethereum and Solana.
