Binance Announces Handling of USDE, BNSOL, WBETH Peg Loss Issue

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Binance announced that it will automatically compensate contract, margin, and loan users affected by the USDE, BNSOL, and WBETH peg loss incident within 72 hours.

The number of people and the amount of compensation are determined based on the difference between the market price and the liquidation price at the time of determination; the calculation is based on the closing time on October 11, 2025 (07:00, GMT+7).

MAIN CONTENT
  • Automatic compensation for contract, deposit and loan users within 72 hours.
  • Applicable to USDE, BNSOL and WBETH assets that lost peg in the 04:36–05:16 (GMT+7) frame, 11/10/2025.
  • Compensation amount = difference between market price and liquidation price at 07:00 (GMT+7), 11/10/2025.

Scope of compensation

Binance will compensate futures, margin, and lending users who used USDE, BNSOL, WBETH as collateral if affected during the stated timeframe.

The affected period is 04:36–05:16 (GMT+7) on 11/10/2025; only accounts that suffered losses due to peg loss within this period will be XEM for compensation.

How to calculate compensation

Compensation is calculated by the difference between the market price and the liquidation price at the closing time 07:00 (GMT+7) on October 11, 2025.

The closing price is used to determine the specific loss for each position; the system will compare the market price with the liquidation price to calculate the appropriate compensation for each account.

Payment method and terms

Binance will automatically transfer compensation to affected user accounts within 72 hours of the announcement.

Users do not need to make a manual request; please check your transaction history and account balance after this period to confirm the compensation.

Which users are compensated?

Futures, margin, and borrowing users with USDE, BNSOL, or WBETH as collateral and affected during the 04:36–05:16 (GMT+7) timeframe, 11/10/2025.

When is the damage period?

Affected period: 04:36–05:16 (GMT+7) on October 11, 2025; the closing price for compensation calculation is 07:00 (GMT+7) on the same day.

When is compensation paid?

Compensation will be automatically paid to the user account within 72 hours of compensation notification.

How do I know how much compensation I will receive?

Amount equal to the difference between market price and liquidation price at 07:00 (GMT+7) on 11/10/2025; check details in transaction history after receiving compensation.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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