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Depeg event
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. The observation closed 1.5 hr later at 22:18 UTC with a recorded recovery price of $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
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.
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