Depeg event
STRC drawdown, apxUSD depeg low ~$0.89 (−1,059 bps), unresolved
Detected under v6.0
apxUSD moved below peg at 21:50 UTC on June 2, 2026, with a peak deviation of 31.6% at $0.6839. Recovered after 119.1 days at 01:01 UTC at $0.9955.
The checked-in price path starts at $0.9893 against a recorded peg reference of $0.9997. Pharos captured the incident through live monitoring and evaluates it under v6.0. Its recorded close reason is “recovered-primary”. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
- Direction
- below peg
- Peak deviation
- 31.6%
- Started
- June 2, 2026
- Recovered
- September 30, 2026
- Outcome
- Recovered
- Duration
- 119.1 days
- Peg reference
- $0.9997
- Start price
- $0.9893
- Peak price
- $0.6839
- Recovery price
- $0.9955
Related incidents
Other recent peggedUSD depegs
Other rwa-credit-fund incidents
Stablecoin
apxUSD (apxUSD) →apxUSD is Apyx's DAT preferred-equity-backed dollar with a cash/T-Bill buffer; whitelist-only primary mint/redeem settles in USDC.
Deep dive
apxUSD and the Bitcoin-treasury collateral chain — full case study →Primary source
STRC drawdown, apxUSD depeg low ~$0.89 (−1,059 bps), unresolved ↗Preferred source
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