USUAL（Usual）24-hour pump 41.97%

Gate News Bot message, July 14, according to CoinMarketCap data, as of the time of writing, USUAL (Usual) is currently priced at 0.11 USD, having risen 41.97% in the last 24 hours, with a peak of 0.12 USD and a low of 0.07 USD. The current market capitalization is approximately 121 million USD, which has increased by 35.7 million USD compared to yesterday.

Usual is a decentralized protocol that adopts a decentralized banking system. It issues a fiat-backed stablecoin supported by real assets (RWA), combining the security of real assets with the composability and liquidity of DeFi. Usual is not just a stablecoin issuer; it also returns ownership and governance to users through the $USUAL token.

USUAL Recent Important News:

1️⃣ Smart Contract Vulnerability Fixes and Bounty Payments The Usual protocol recently discovered and fixed a critical vulnerability that could have led to a loss of $16 million. The protocol team acted quickly and successfully resolved this security issue, and awarded a bounty to the white hat hacker who found the vulnerability through the Sherlock platform. This incident highlights the Usual team's strong emphasis on security and helps to enhance user confidence in the protocol.

2️⃣ TVL突破7.7亿美金，DeFi影响力显著提升 The total value locked (TVL) of the Usual protocol recently reached a new high of $772.21 million, marking its expanding influence in the DeFi space. This significant rise reflects the continuous increase in user trust in the Usual protocol, while also providing strong support for the value growth of the USUAL token.

3️⃣ Launch of asset-backed stablecoins The Usual protocol recently launched a stablecoin backed by real-world assets (RWA). This innovative product combines the stability of traditional finance with the flexibility of decentralized finance, providing users with a safer and more liquid asset option. This move is expected to further expand Usual's user base and promote the long-term development of the protocol.

From a technical perspective, the significant rise in the price of the USUAL token reflects the market's positive reaction to the recent developments of the Usual protocol. However, investors should remain cautious of potential price corrections in the short term.

This message is not an investment advice; investment should take market volatility risks into account.