According to @lookonchain, wallet 0x88b7 swapped $621K USDT to USDX and deposited into usdxmoney two weeks ago, and the position is now valued at $163K, reflecting a $458K (-74%) drawdown based on on-chain tracking shared on X on Nov 7, 2025. According to @lookonchain, the address attempted to redeem after Stream Finance disclosed a $93M loss on Nov 4, but funds have remained stuck for three days with no withdrawal completion as evidenced by the Debank profile 0x88b7d62c8dc8ea3dcf8efff835c6012291843330. According to @lookonchain, the post cautions traders about elevated risk when depositing into DeFi protocols, highlighting current redemption and liquidity stress in USDX and usdxmoney.

According to @PeckShieldAlert, Stables Labs’ USDX stablecoin has depegged and is down approximately 21% from its $1 target at the time of the alert posted on Nov 7, 2025, source: @PeckShieldAlert. The alert references @StablesLabs and provides no cause or remediation details, indicating unresolved peg risk for USDX holders until further updates, source: @PeckShieldAlert.

According to the source, Lista DAO said it is closely monitoring MEV Capital’s USDT vault and Re7 Labs’ USD1 vault where collateral assets sUSDX and USDX face abnormally high borrowing rates with no repayment activity (source: Lista DAO on X, Nov 6, 2025). Lista DAO added that Lista Lending has been engaging both teams and urged them to take responsibility, make decisions, communicate transparently, and cooperate to protect users and restore market balance (source: Lista DAO on X, Nov 6, 2025). PancakeSwap stated it is aware of the affected vaults, is tracking developments, and asked users on PancakeSwap to review and monitor positions tied to these vaults, promising updates as needed (source: PancakeSwap on X, Nov 6, 2025).