Analysis: The risk transmission initiated by the decoupling of 1011 from USDe theoretically will not be repeated

Cryptocurrency analyst Chen Mo posted that Binance's USDe briefly deviated to $0.92 today, and the last incident on October 11 was also related to USDe, while the on-chain price has remained stable.

Chen Mo stated that the order book for USDe on CEX is very thin, and it supports USDe as collateral for opening positions. The risk transmission from October 11 started here, but afterwards, Binance included the actual redemption price of USDe into the price index, no longer relying solely on the order book quotes, theoretically preventing a repeat of the October 11 incident.