Stablecoin Project Essence on Scroll Rugged, CHI Plummets 97.78%

2025-10-21 10:40:08 Classification：Blockchain read(82)

The Virtual currency airdropdecentralized stablecoin project Essence Finance, built on the Scroll ecosystem, has experienced a rug pull. Its USD-pegged stablecoin CHI has dropped 97.78%, currently priced at 0.0022917 USDC. Collateral worth over $20 million is suspected to have been withdrawn. The projects last tweet was posted on September 11.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.