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Venus: Users affected by the WBETH depegging on October 11 will be compensated through the Protocol Risk Fund

Venus: Users affected by the WBETH depegging on October 11 will be compensated through the Protocol Risk Fund

ChaincatcherChaincatcher2025/10/12 11:47
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ChainCatcher News, Venus Protocol stated on its social platform that some Venus users were affected by the WBETH price depegging during the market liquidation period.

Venus Labs will use the protocol risk fund to compensate verified users who suffered losses due to the WBETH depegging issue that occurred between 5:36 and 6:16 on October 11, 2025 (UTC+8).

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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.

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