Bitget App
Trade smarter
Suilend: Suspends IKA lending as the IKA market faces a $379,000 gap due to a surge in price
Show original
According to ChainCatcher, Suilend announced that the price of IKA surged from $0.04 to $0.47, resulting in some loans being liquidated at overvalued prices and causing a market shortfall of approximately $379,000.
This loss has been borne by IKA depositors, with each depositor's balance reduced by about 6%. Currently, IKA lending has been suspended, and funds in other markets on the platform remain secure.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Switchboard: Airdrop Now Open for Checking
金色财经•2025/09/09 10:53
Market moving? Trade live with pro traders
Bitget•2025/09/09 09:07
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$112,809.88
+0.82%
Ethereum
ETH
$4,351.98
+0.72%
XRP
XRP
$3.01
+2.20%
Tether USDt
USDT
$0.9998
-0.01%
BNB
BNB
$882.75
+0.70%
Solana
SOL
$217.73
+1.66%
USDC
USDC
$0.9999
+0.01%
Dogecoin
DOGE
$0.2412
+3.39%
TRON
TRX
$0.3371
+1.22%
Cardano
ADA
$0.8837
+3.63%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now