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USDR liquidity crisis costs a trader 131,350 stablecoins
Posted on 10/13/2023
USDR suffered a liquidity crisis, revealing its illiquid assets. A trader lost everything swapping USDR for USDC during the crisis. An MEV bot profited $107,002 from the arbitrage opportunity. The Real USD (USDR) stablecoin recently found itself in the eye of a storm, revealing the pitfalls of the DeFi space. A liquidity crunch on October […]
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