It sure is!
I might get accused of FUD for saying this but @CurveFinance and @yieldbasis have similar risk given that $wBTC is significant portion of collateral for $crvUSD on both platforms.
Fun Fact: Coinbase delisted wBTC last year over Justin Sun links and never re-listed, and even won a lawsuit from Sun's BiT Global over the delisting:
@iampaulgrewal even said Coinbase has "zero plans" to relist wBTC
wBTC supply has flatlined since the BiT Global deal, which means trust has taken a big hit!
$CRV $YB $AAVE

27.7K
26
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.