@tienhai13012001
Over the past week, yield-bearing stablecoins worth $20.43 billion faced a major shock as deUSD, XUSD, and USDX all suffered severe depegs, triggering a massive investor exodus.
💥 Key figures:
• Stablecoins like yUSD (-82.2%), mTBill (-59.5%), and srUSD (-81.2%) saw sharp drops in TVL.
• Smaller tokens such as sUSDx were nearly wiped out, plunging 88.2%!
• Meanwhile, USCC (Superstate) and sGHO (Aave) stood out as bright spots, recording +16% TVL growth each.
💡 Depeg incidents:
1️⃣ deUSD (Elixir) crashed after Stream Finance reported a $93 million loss, sending deUSD’s price tumbling to around $0.015.
2️⃣ XUSD plunged to $0.20 following an exploit on the Balancer protocol, which wiped out its liquidity pools.
3️⃣ USDX dropped to $0.30–$0.38, losing up to 65% of its market cap in a single day.
📉 APY swings:
• yUSD fell 4.7% to 8.73%.
• coreUSDC (Upshift) rose 8.2% to 11.99%.
• mBASIS (Midas) surged 10.1% to reach 14.26%.
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