Binance Compensation Plan After USDe Depeg Event

On October 11, 2025, Binance faced a significant USDe depeg event, causing liquidity issues and impacting derivatives trading. Key executives acknowledged platform challenges that exacerbated the situation. Binance launched a compensation program for impacted users. The incident exposed vulnerabilities in synthetic stablecoin technology, prompting Binance to enhance risk controls. This event significantly impacted market confidence in Binance and other similar assets.