On October 12, Binance released the "Announcement Regarding the Handling of the USDE, BNSOL, and WBETH Depegging Incidents and Risk Control Optimization." The announcement stated that Binance had completed a comprehensive review of the incident and would compensate all affected contract, leverage, and loan users within 72 hours. Compensation would be automatically distributed to the relevant user accounts.
Compensation Plan
All affected futures, margin, and loan users holding USDE, BNSOL, and WBETH as collateral and affected by the depegging between 05:36 and 06:16 (GMT+8) on October 11, 2025, will receive compensation for the difference. The specific amount will be calculated based on the difference between the market price and the liquidation price at 08:00 (GMT+8) on October 11, 2025.
If your situation does not fall within the above range, you can contact Binance Customer Service directly to transfer to manual service, obtain the form link to submit your application, and we will handle it on a case-by-case basis.
Furthermore, to prevent similar incidents from happening again, Binance will further strengthen risk control measures and adjust relevant parameters as follows:
1. Add the redemption price to the price index weights of BNSOL, WBETH and USDE;
2. Added a minimum price limit to the USDE index to improve price stability;
3. Increase the frequency of review of risk control parameters to ensure dynamic adjustments based on market conditions.
