Yesterday, several important updates worth noting. Yield's subsidiary yoUSD experienced a severe trading slippage, resulting in a loss of $3.7 million for the project due to an unfavorable settlement on a certain DEX, once again highlighting the risks of large-scale transactions. On the other hand, data platform CoinGecko is planning a sale, currently valued at approximately $500 million, and has officially hired Moelis as its financial advisor to facilitate the process. Meanwhile, Pakistan and SC Financial signed a memorandum of understanding, marking a new step forward in the South Asian market's collaboration in the field of crypto finance.
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CommunitySlacker
· 3h ago
$3.7 million wiped out in one go, how outrageous is this slippage... Large transactions really are a game of risk
Is CoinGecko about to be sold? How much would it take to buy it?
What is happening over in Pakistan? Is the South Asian market about to rise?
Big players still need to be cautious when placing orders, we've learned a lesson again this time
CoinGecko's valuation is $500 million, hmm I feel it's a bit expensive... Who would buy it?
Is DEX liquidity this poor? $3.7 million just evaporated
South Asia is taking action, while Yield here is taking a hit, the contrast is obvious
Slippage is unavoidable, all we can do is pray it doesn't happen to us
Selling a data platform for $500 million, this industry is really profitable
Pakistan is up to something again, they really have ideas
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PortfolioAlert
· 3h ago
$3.7 million just gone, yoUSD's move is absolutely brilliant... Large transactions are indeed a trap
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Is CoinGecko selling? Is a $500 million valuation serious? Does this data platform deserve this price?
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Pakistan has also started playing with crypto, South Asia is definitely moving
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Slippage issues really need to be taken seriously. Every time I see big players getting liquidated, I feel for them
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Wait, is CoinGecko really going to sell? Who will maintain the data in the future?
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The lesson from yoUSD is a wake-up call for all DEX participants. Small retail investors like us need to be even more careful
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This move by Pakistan is still a good sign for the entire South Asian crypto ecosystem
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Paying $500 million for a data platform feels a bit expensive... But CoinGecko is indeed an industry benchmark
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The risk of large transactions is worth repeating a thousand times; no one can escape the slippage killer
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ConfusedWhale
· 3h ago
3.7 million dollars lost... This DEX liquidity is really outrageous; big players need to learn to split their orders.
Is CoinGecko going to sell? This data platform is probably overvalued at 500 million.
Pakistan is taking action? South Asia is about to rise.
Slippage is really hard to prevent; you plan your order carefully, but as soon as you execute, it gets hit.
Wait, what will happen if CoinGecko is sold? Will the user experience be affected?
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SandwichTrader
· 3h ago
$3.7 million just disappeared like that, DEX slippage is really extreme. Who will save these big investors?
Is CoinGecko about to sell out? A $500 million valuation sounds pretty good, let's see if anyone steps in.
Things are moving quickly in Pakistan. It feels like the South Asian crypto market is about to pick up.
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BearMarketHustler
· 4h ago
$3.7 million is gone just like that. DEX slippage is really extreme. Big players need to learn how to read liquidity.
Is CoinGecko about to sell out? The $500 million valuation feels a bit inflated. Data platforms are not easy businesses.
Pakistan is entering the market, South Asia is starting to awaken. Will more countries follow suit?
This wave of market movement is so exciting. Risks and opportunities are both in front of us.
Yield had a pretty bad loss this time. Who would have thought it would crash so hard?
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TokenUnlocker
· 4h ago
$3.7 million just gone like that, is this really a all-in on DEX? Who can handle this?
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Is CoinGecko about to sell? A $500 million valuation is quite interesting, let's see who takes the deal.
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Pakistan's move was quite good, the South Asian crypto market is about to rise.
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yoUSD's crash this time was really outrageous, large transactions really need to be more cautious.
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Wait, is CoinGecko really for sale? I just heard about it...
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A slippage of $3.7 million sounds a bit painful, risk management needs to be improved.
Yesterday, several important updates worth noting. Yield's subsidiary yoUSD experienced a severe trading slippage, resulting in a loss of $3.7 million for the project due to an unfavorable settlement on a certain DEX, once again highlighting the risks of large-scale transactions. On the other hand, data platform CoinGecko is planning a sale, currently valued at approximately $500 million, and has officially hired Moelis as its financial advisor to facilitate the process. Meanwhile, Pakistan and SC Financial signed a memorandum of understanding, marking a new step forward in the South Asian market's collaboration in the field of crypto finance.