Web3
Ethena (ENA) USDe Slips to $0.9202 on Binance Before Fast Rebound
COINOTAG·September 22, 2026·1 min read
Ethena's USDe stablecoin briefly fell to $0.9202 on Binance before rebounding to $0.9996, with traders citing an $8 million market sell into a thin order book. The flash crash highlights liquidity risks in the stablecoin market, though the rapid recovery suggests resilience. ENA's USDe remains under scrutiny as volatility persists.
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