![Trader swaps 131K stablecoins for $0 during USDR depeg](http://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/s3.cointelegraph.com/uploads/2023-10/b02714fc-4174-4bd2-b864-74bafac50ea0.jpg)
2023-10-13 19:00 |
An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.
origin »Liquidity Network (LQD) на Currencies.ru
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2023-10-13 19:00 |
An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.
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USDR suffered a liquidity crisis, revealing its illiquid assets. A trader lost everything swapping USDR for USDC during the crisis. An MEV bot profited $107,002 from the arbitrage opportunity. The Real USD (USDR) stablecoin recently found itself in the eye of a storm, revealing the pitfalls of the DeFi space.
2023-10-13 23:01 | |
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During a recent fluctuation in USDR's value, a transaction involving 131k stablecoins yielded no return for the trader.
2023-10-13 20:44 | |
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