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PiggyBank

PiggyBank's LAB Hedge Fails, Cutting USDC Vault NAV by 15%

PiggyBank's LAB Hedge Fails, Cutting USDC Vault NAV by 15%

A Solana yield protocol's bet on a contested mid-cap token turned a dollar-stable vault into one nursing double-digit losses. Depositors are waiting on a promised post-mortem.