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Milestone
Ethereum
2022

stETH Depeg During 3AC Contagion

LidoÔÇÖs stETH traded below 1 ETH as liquidity dried up during contagion fears from 3AC exposure.

Event date: 2022-06-18
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Key Facts

Peak metricstETH ~0.95 ETH
OutcomeMarket stabilized after liquidations
ChainEthereum
Year2022
Typemilestone
Tags
defi
liquidity
staking

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External price/performance context for the historical event.