Depeg event
avUSD Depeg, July 21, 2026: 5.35% Above Peg
Detected under v6.098 · confirmed via temporal:15m+pool:balancer:direct_api+pool:curve:gecko_terminal
avUSD moved above peg at 20:48 UTC on July 21, 2026, with a peak deviation of 5.35% at $1.05. Recovered after 1.5 hr at 22:18 UTC at $0.9993.
The checked-in price path starts at $1.01 against a recorded peg reference of $0.9999. Pharos captured the incident through live monitoring and evaluates it under v6.098. Confirmation evidence is recorded as “temporal:15m+pool:balancer:direct_api+pool:curve:gecko_terminal”. The source row also retains the quality flag “confirmation-window+low-confidence”. 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
- above peg
- Peak deviation
- 5.35%
- Started
- July 21, 2026
- Recovered
- July 21, 2026
- Outcome
- Recovered
- Duration
- 1.5 hr
- Peg reference
- $0.9999
- Start price
- $1.01
- Peak price
- $1.05
- Recovery price
- $0.9993
Related incidents
Other recent peggedUSD depegs
Other synthetic-delta-neutral incidents
Stablecoin
Avant USD (avUSD) →avUSD is Avant's USDC-denominated base dollar, redeemable through the issuer and backed by a dynamically managed leveraged market-neutral portfolio.
Preferred source
Reading Pharos regularly? Mark it as a preferred source and Google will surface Pharos Watch more often in Top Stories, AI Overviews, and AI Mode.
Add Pharos Watch in Google ↗Methodology pin: v6.098 changelog