2025-12-26 09:21:19

Solana's $USX stablecoin briefly lost peg on secondary markets, plummeting to $0.1 amid a liquidity squeeze. The sudden drain sparked market concerns, but the situation was quickly contained—liquidity providers stepped in and restored the peg to $0.94 within hours. The incident highlights the importance of robust liquidity reserves in stablecoin ecosystems. While the recovery was swift, it's a timely reminder of how concentrated liquidity or sudden outflows can pressure even established stablecoins on high-speed chains.

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GamefiHarvester

· 9h ago

Drop to 0.1? That's really outrageous. Luckily, the LPs reacted quickly, or else another wave of people would have been wiped out.

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ContractTester

· 9h ago

Wow, $0.1? That's so crazy! Luckily, I reacted quickly.

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CryptoTarotReader

· 10h ago

It can still be saved if it drops to 0.1; liquidity providers are really tough.

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LayoffMiner

· 10h ago

Really, $0.1? How much ridiculous liquidity is needed to crash like this... But the LPs responded pretty quickly.

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GasFeeNightmare

· 10h ago

Another liquidity run. Where's the promised stablecoin?

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NeverPresent

· 10h ago

Damn, it's another liquidity issue. The stablecoins on the Solana chain are really fragile.

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SellTheBounce

· 10h ago

Falling from 1 to 0.1, this is the true face of stablecoins... When liquidity tightens, the true nature is exposed. Where is the promised stability? --- Quick rebound to 0.94? Don't be fooled by this illusion. When the next crash happens, there may be no one to catch the falling knife. --- It's another liquidity squeeze, another emergency market rescue... Seeing this play out too many times, it will happen again sooner or later. --- Can stablecoins on the Solana chain be trusted? With such high liquidity concentration, problems will eventually arise. --- A quick recovery doesn't mean there's no problem; on the contrary, it indicates high risk—if no one steps in to rescue, it's game over. --- History shows that after each "timely control," a bigger collapse awaits. Being cautious is never wrong.

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ChainWanderingPoet

· 10h ago

Damn, dropped from 1 to 0.1? That was intense. Luckily, the LPs stepped in to save the day.

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