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Why is $djed at .98 in CMC. I know it's

redeemable at djed.xyz for $1 worth ADA but still why? How can it be not be considered as a depeg especially since it went down to $.84 yesterday

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The market price of stablecoins can fluctuate on DEXs and CEXs due to demand, supply, liquidity, and market conditions but DJED holders can burn their DJED and redeem it for $1 worth of ADA on djed.xyz.

13% move does correlate in ada terms

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