Time
23:44
USDe experienced a serious decoupling this morning. Ethena stated that USDe minting and redemption were operating normally, and assets were still overcollateralized.
October 11, 2025
CoinFeed News
Around 5:30 AM this morning, the USDE/USDT price on Binance fell to as low as $0.65. Ethena Labs stated that USDE experienced secondary market price fluctuations due to market volatility and serial liquidations.