PiggyBank's LAB Basis Trade Results in 15% USDC Vault Drawdown Amid Market Manipulation
According to ChainCatcher, yield protocol PiggyBank disclosed today that its LAB token basis trade has resulted in significant losses. The team had purchased approximately 100,000 USD of LAB tokens via OTC and shorted perpetual futures for hedging. However, severe market manipulation and liquidity d
GateNews·06-07 05:38
