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PEUSD, the stablecoin issued by Lybra Finance, detached to 0.8218 USDT

PEUSD, the stablecoin issued by Lybra Finance, detached to 0.8218 USDT

CointimeCointime2024/01/29 00:36
By:Cointime

According to Coingecko data on January 28th, Lybra Finance's stablecoin PEUSD has unpegged to 0.8218 USDT and had dropped to 0.79 USDT three days prior. PEUSD has been continuously unpegged since September 23rd. In addition, DefiLlama data shows that Lybra Finance's current protocol TVL is $263 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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