BlockBeats News, October 12, Binance released an announcement regarding the USDE, BNSOL, and WBETH Depegging Incident Handling and Risk Control Optimization. The announcement stated that Binance has completed a comprehensive review of the incident and will compensate all affected contract, leverage, and borrowing users within 72 hours, with the compensation being automatically distributed to the relevant user accounts.
Compensation Plan
All affected contract, leverage, and borrowing users who held USDE, BNSOL, and WBETH as collateral and were impacted by the depegging between 05:36 and 06:16 on October 11, 2025 (UTC+8) will receive a price difference compensation. The specific amount will be calculated based on the difference between the market price and the settlement price at 08:00 on October 11, 2025 (UTC+8).
If a user's situation is not within the aforementioned scope, they can directly contact Binance Customer Service for manual assistance, obtain the form link to submit an application, and we will handle it on a case-by-case basis based on the specific circumstances.
Furthermore, to prevent similar incidents from happening again, Binance will further enhance risk control and adjust related parameters as follows:
1. Add redemption price to the price index weight of BNSOL, WBETH, and USDE;
2. Add a minimum price limit to the USDE index to enhance price stability;
3. Increase the frequency of risk control parameter reviews to ensure dynamic adjustments based on market conditions.