Depeg

DeFi

A depeg happens when a cryptocurrency that is supposed to keep a stable value compared to another asset no longer does so. This can occur due to different market issues and can lead to negative effects on the overall market. In serious cases, it can create risks for the entire cryptocurrency space.

Definition
A depeg happens when a cryptocurrency that is supposed to keep a stable value compared to another asset no longer does so. This can occur due to different market issues and can lead to negative effects on the overall market. In serious cases, it can create risks for the entire cryptocurrency space.

Top tokens on bsc

  • USDT
    USDTTether USD
    $1.00$2.09B
  • quq
    quqquq
    $0.0042$796.05M
  • SKHY
    SKHYSK Hynix Inc ADR
    $200.42$541.90M
  • SKHYV
    SKHYVSK hynix
    $92.73$511.97M
  • WBNB
    WBNBWrapped BNB
    $575.87$475.89M
  • B20
    B20B20 Token
    $0.026$322.26M
  • B20
    B20B20 Token
    $0.071$225.18M
  • USDC
    USDCUSD Coin
    $1.00$77.09M
  • UP
    UPUnitas
    $0.31$65.89M
  • BTCB
    BTCBBTCB Token
    $63.85K$64.50M