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Crypto DeFi

DAI.e Depegs to ~$1.10 on Avalanche, Blockaid Flags 10% Deviation

DAI.e, the Avalanche Bridge version of DAI, has deviated from its $1 peg and repriced to about $1.10 in active Avalanche DEX pools, a 10% premium to the dollar, Blockaid said on X on November 6. The security firm said it detected the depeg in Avalanche liquidity pools. The material gave no cause for the move and no further figures.

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