Question 1

How much do I lose if a stablecoin depegs?

Accepted Answer

Loss = balance × (1 − depeg price). A $10,000 USDC balance at $0.92 is a $800 loss on paper. It is unrealized until you sell — the coin may reclaim $1.00 — but if it does not (as with UST in 2022), the loss becomes permanent.

Question 2

Why is a depeg worse when the stablecoin is collateral?

Accepted Answer

Because the collateral backing your leveraged position shrinks. If you posted stablecoins as margin, a depeg cuts your margin, raises effective leverage, and moves liquidation closer — all without the traded asset moving. A depegging collateral can liquidate you by itself, which is how depeg events cascade.

ステーブルコインのデペグ損失計算ツール

ステーブルコインは法律ではなく約束です