Venus: Users affected by the WBETH depegging on October 11 will be compensated through the Protocol Risk Fund
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
ChainCatcher News, Venus Protocol stated on its social platform that some Venus users were affected by the WBETH price depegging during the market liquidation period.
Venus Labs will use the protocol risk fund to compensate verified users who suffered losses due to the WBETH depegging issue that occurred between 5:36 and 6:16 on October 11, 2025 (UTC+8).

0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like


MSCI Drops Strategy From Its US Index: Will $2.8 Billion in Forced Selling Hit MSTR?
BeInCrypto•2026/11/11 22:48
Crypto prices
MoreBitcoin
BTC
$73,547.19
-0.10%
Ethereum
ETH
$2,039.9
-0.42%
Tether USDt
USDT
$0.9990
+0.02%
BNB
BNB
$678.4
+0.34%
USDC
USDC
$1.0000
+0.02%
XRP
XRP
$1.04
-0.84%
Solana
SOL
$82.65
-0.36%
TRON
TRX
$0.3166
-0.29%
Hyperliquid
HYPE
$70.86
-1.94%
Zcash
ZEC
$953.51
-8.57%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
