The Currency analytics

Binance Confirms $283M User Payout Following Pegged Asset Liquidations

By Sakamoto Nashi

Binance has confirmed that it completed a $283 million compensation payout to users affected by a brutal wave of liquidations and market volatility earlier thi…

On October 10, 2025, between 20:50 and 22:00 UTC, both institutional and retail traders engaged in heavy sell-offs, driving significant price declines across m…

According to Binance, forced liquidation volume on its platform accounted for only a small proportion of total trading volume, emphasizing that market-wide con…

The affected assets included Binance Earn products linked to USDE, BNSOL, and WBETH, which temporarily de-pegged during the market slide. Binance confirmed tha…

The exchange highlighted that some users were directly impacted by these de-pegging events, as positions backed by these assets were liquidated. To address the…

Binance emphasized that the core futures and spot matching engines and API trading remained functional during the event. The review revealed only brief technic…

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