Suilend: Pause IKA lending, IKA market faces a $379,000 gap due to surge

ChainCatcher news, according to Suilend's announcement, the price of IKA surged from $0.04 to $0.47, with some loans being liquidated at high valuations, resulting in a market gap of approximately $379,000.

The loss has been borne by IKA depositors, with each depositor's balance reduced by about 6%. Currently, IKA lending has been suspended, and the funds in other markets on the platform are safe.