Depeg event

Alchemix USD depeg below peg — May 1, 2026

Detected under v5.95

Event summary

Direction: below peg
Peak deviation: 5.22%
Started: May 1, 2026
Ended: Ongoing
Duration: —
Peg reference: $1.00
Start price: $0.9900
Peak price: $0.9476

Related incidents

Other recent peggedUSD depegs

2026-07-06USDApeak 5.03% below peg
2026-06-26RUSDpeak 90.0% below peg
2026-06-24REUSDpeak 44.5% below peg

Other cdp incidents

2026-06-24MAIpeak 19.2% below peg
2026-06-21USXpeak 57.8% below peg

Stablecoin

Alchemix USD (alUSD) →

alUSD is Alchemix's self-repaying CDP stablecoin: users borrow against DAI/USDC/USDT collateral and the yield from those deposits gradually repays the debt.

Methodology pin: v5.95 changelog