Venus, a lending protocol on Binance Smart Chain, is investigating a recent WBETH price depeg that resulted in unexpected liquidations for some users. The incident saw WBETH's value plummet to $430, with the WBETH/ETH exchange rate dropping to 0.2, while ETH was priced at $3,435. Venus is currently reviewing affected accounts and considering fair resolutions, alongside enhancing risk management and oracle protection to prevent future occurrences. Following the incident, the WBETH/ETH exchange rate has stabilized at 1.06, with WBETH now trading at $4,097 and ETH at $3,840. Venus aims to strengthen its systems to safeguard against similar events.