Web3
Ethena’s USDe Briefly Crashes to $0.92 on Binance, Snaps Back to $1 Before Wallet Upgrade
CoinGape·September 22, 2026·1 min read
Ethena's synthetic dollar USDe briefly crashed to $0.9202 on Binance's USDE/USDT spot pair on September 22, 2026, at around 1 p.m. Beijing time. It snapped back to near $0.9996 within minutes, an 8% gap. The wick revived questions about USDe depeg risk ahead of a wallet upgrade.
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