2025-12-26 06:11:58

There was another issue on the Solana chain. The stablecoin USX experienced a massive withdrawal of liquidity, causing it to temporarily lose its footing in the trading market, with the price dropping to an outrageous $0.1, completely diverging from its $1 peg. This caused holders to break out in cold sweats.

Fortunately, the crisis didn't last too long. Once liquidity providers quickly injected new funds, the USX price gradually stabilized and eventually recovered to around $0.94. Although it hasn't fully returned to $1, it can be considered as having largely mitigated the risk.

This incident once again reminds everyone: the security of on-chain stablecoins depends not only on reserve assets but also on sufficient liquidity. Once secondary market liquidity dries up, even with ample assets, prices can still fluctuate significantly. When participating in DeFi or on-chain trading, it's wise to stay cautious.

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ruggedSoBadLMAO

· 2025-12-29 05:57

Solana is up to its tricks again... This time, USX dropped from $1 to $0.1, truly impressive. The liquidity was exposed immediately, and no matter how much reserve is added, it can't be stopped.

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TokenEconomist

· 2025-12-27 16:28

actually, let me break this down—the usx depegging wasn't really about reserve backing, it's literally a textbook liquidity crisis. think of it this way: you've got solid collateral but zero buyers on the order book. ceteris paribus, price discovery becomes impossible. classic market microstructure failure, tbh

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GasFeeSobber

· 2025-12-26 06:39

It's the same liquidity trap again, Solana is really putting on a thriller every day... $0.1 laugh to death, how many people must be scared stiff?

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ShortingEnthusiast

· 2025-12-26 06:28

Coming again? Solana is really a troublemaker, causing all sorts of problems every day.

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AirdropHunter007

· 2025-12-26 06:24

Once again, liquidity is to blame. This time, USX plummeted directly to $0.10. This move was really shocking.

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ParallelChainMaxi

· 2025-12-26 06:14

$0.1? Probably someone is dumping again. The liquidity is extremely fragile.

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BearMarketMonk

· 2025-12-26 06:13

Coming again? Solana is always up to something. I didn't expect the stablecoin to drop to 0.1. Once liquidity is drained, the price collapses. To put it simply, it's a game of hot potato.

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