Stable's second deposit phase has surpassed $500 million, according to Lookonchain. However, over 60 wallets mistakenly used the contract address as the recipient address, affecting more than $2.34 million. The project team urges users to verify recipient addresses before depositing to avoid errors. Additionally, Hourglass reports high traffic affecting website access, advising that deposits via Etherscan or programmatic methods are ineligible for the Stable deposit event. The $100,000 minimum deposit window will be extended by at least one hour as users await normal website access.