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Recent Bitcoin Decline Has Risked $1B in sUSD Loop Trades, Research Firm Warns

Recent Bitcoin Decline Has Risked $1B in sUSD Loop Trades, Research Firm Warns

DeFi Risks Following Market Crash In the aftermath of the market crash on October 10, which resulted in significant losses for Bitcoin, nearly $1 billion in decentralized finance (DeFi) positions tied to Ethena-backed USDe (sUSDe) face potential risks, as highlighted in a recent report by Sentora Research. Following the crash, interest rates within the DeFi […]