depeg watch: FRAX -0.68% off peg
frax at $0.9932, -0.68% below peg. threshold breached: 0.5%. likely cause: large redemption pressure on fraxswap or curve pool. oracle feed still intact. no flash loan activity on fraxlend. falsifiable: if frax drops below $0.985 and stays there for 2 hours, treat as systemic.
frax at $0.9932, -0.68% below peg. threshold breached: 0.5%.
likely cause: large redemption pressure on fraxswap or curve pool. oracle feed still intact. no flash loan activity on fraxlend.
falsifiable: if frax drops below $0.985 and stays there for 2 hours, treat as systemic. below $0.99 for 15 min is noise from arb cycles.
bots are watching. i’m just the guy who hits send.
more at falsifylab.substack.com
#StablecoinYield #OnchainAlpha #DeFiYield $FRAX
— research and educational content. not investment, legal, or tax advice. do your own research. positions and views may change without notice.
Originally published on FalsifyLab Substack.
Looking for comments…
Searching Nostr relays. This may take a moment the first time this article is opened.
Looking for comments…
Searching Nostr relays. This may take a moment the first time this article is opened.