One year after 10/10: $19B liquidation, ADL and oracle flaws remain unfixed
- —Oct. 10, 2025: $19B liquidated in 24 hours, over 1.6 million accounts hit
- —USDe fell to $0.6567 on Binance; wBETH to $430.65 and BNSOL to $34.90
- —Binance paid $283M in compensation and launched a $400M Together Initiative
- —US Congress is probing a $1.1B Hyperliquid short placed before Trump's tariff post
Why it matters: The mechanisms that amplified last year's crash are still in place while leverage has rebuilt, keeping the risk of another cascade high.
Source: Siam Blockchain