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 ethereum

USDCUSD Coin
$1.00$1.78B
DAIDai Stablecoin
$1.00$1.17B
USDTTether USD
$1.00$645.97M
WETHWrapped Ether
$2.50K$439.74M
WBTCWrapped BTC
$82.97K$190.81M
USDSUSDS Stablecoin
$1.00$183.52M
ETHEther
$2.51K$61.94M
cbBTCCoinbase Wrapped BTC
$83.20K$38.13M
ETHEther
$2.50K$33.19M
PYUSDPayPal USD
$1.00$29.96M