PANews reported on October 11 that Duo Exchange tweeted that it has noticed recent phishing attacks against some whale users, with more than 10,000 DETH being sold to automated market makers (AMMs), causing the price of DETH to decouple. Duo emphasized that DETH can still be exchanged for ETH at a 1:1 ratio for open positions, and the Duo protocol itself is still safe and operating normally. The team is currently closely monitoring developments and working with affected parties to investigate and track. More information will be released as the investigation progresses.
