Metronome DAO's msUSD Stablecoin Depegs 11% Across Three Chains

Metronome DAO's synthetic dollar, msUSD, depegged approximately 11% on Ethereum, Base, and Optimism networks. Blockchain security firm Blockaid reported the price drop, and the Metronome DAO team published a post-mortem analysis.

Detected & updated continuously · Source: Nebula

Mentioned

Metronome Synth USD (msusd)Metronome (met)@blockaid_