Data: Algorithmic stablecoin MIM has de-pegged due to liquidity shortages, currently trading at approximately $0.89

Mars Finance News, according to Blockaid monitoring, the algorithmic stablecoin MIM has experienced de-pegging on Arbitrum. MIM's current trading price on executable paths is approximately $0.91 to $0.92, due to insufficient or imbalanced liquidity in the Arbitrum liquidity pools. According to on-chain data, MIM's current quotes across multiple chains are around $0.871 to $0.874, with a 24-hour decline of about 11%.
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