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Renzo Restaked ETH (EZETH) has been significantly depegged on Uniswap, and insufficient liquidity may be the main reason

CointimeCointime2024/04/24 03:19
By:Cointime

On April 24th, according to market data, one hour ago, due to insufficient liquidity and large sell-offs, Renzo Restaked ETH (EZETH) briefly fell to $688. As of the time of writing, the EZETH/WETH liquidity pool is only $3.2 million, and EZETH is priced at $1934.36 on the Ethereum mainnet on Uniswap.

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