DeepBook Protocol on Sui (@DeepBookonSui): At ~3:18 AM UTC today, an undercollateralization vulnerability accrued $239,700 in bad debt in the USDC margin pool. Margin Trading has been temporari…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
At ~3:18 AM UTC today, an undercollateralization vulnerability accrued $239,700 in bad debt in the USDC margin pool. Margin Trading has been temporarily paused. The Deepbook Insurance Fund has injected the amount of lost funds back into the affected pools. Deposits and withdrawals have now resumed.