BitMEX|Nov 20, 2025 09:03
Crypto just saw a 50B systemic meltdown. 💥
We break down the failures and give you the survival playbook:
1️⃣ @binance failure: 400M compensation confirms platform risk is real.
2️⃣ Stablecoin depegs: USDX, YU, $xUSD all collapsed—diversify your "safe" capital!
3️⃣ DeFi Exploits: @HyperliquidX's illiquid pre-listing pairs were exploited, causing 17M+ liquidations.
The lesson: Choose a reliable platform & vet your stablecoins.
Get the deep dive here: https://bitmex.com/blog/understanding-systemic-risk/(BitMEX)
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