#Luna dropped more than 50% in last 24 hours.
Reason
UST lost its peg to the US dollar over the weekend amid large withdrawals from the Terra ecosystem.
The stablecoin’s de-pegging comes against the backdrop of bearish market conditions.
The Terra blockchain’s native token LUNA has come under heavy selling pressure as a result.
Reason
UST lost its peg to the US dollar over the weekend amid large withdrawals from the Terra ecosystem.
The stablecoin’s de-pegging comes against the backdrop of bearish market conditions.
The Terra blockchain’s native token LUNA has come under heavy selling pressure as a result.
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Binance Futures to Delist Coin-Margined LUNA Perpetual Contracts and Update the Leverage & Margin Tiers for USDT-Margined LUNA Perpetual Contracts
https://www.binance.com/en/support/announcement/1b73e64616ee4e769c29e70c66728d1a
https://www.binance.com/en/support/announcement/1b73e64616ee4e769c29e70c66728d1a
Binance
Binance Futures to Delist Coin-Margined LUNA Perpetual Contracts and Update the Leverage & Margin Tiers for USDT-Margined LUNA…
Fellow Binancians, Binance Futures will conduct automatic settlements on the Coin-Margined LUNA Perpetual Contracts and delist the contracts on 2022-05-12 at 08:00 (UTC) . Please note: Users are ...
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