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Depeg event
Detected under v6.098 · confirmed via temporal:15m
AxCNH moved below peg at 04:02 UTC on August 4, 2026, with a peak deviation of 52.9% at $0.4714. The observation closed 6.0 hr later at 10:03 UTC with a recorded recovery price of $0.9975.
The checked-in price path starts at $0.4717 against a recorded peg reference of $1.00. Pharos captured the incident through live monitoring and evaluates it under v6.098. Confirmation evidence is recorded as “temporal:15m”. The source row also retains the quality flag “confirmation-window+extreme-move+native-origin”. Its recorded close reason is “recovered-native”. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other fiat-cash incidents
Co-occurring stress events
Stablecoin
AxCNH (AxCNH) →AxCNH is AnchorX's centralized offshore-yuan stablecoin, redeemable 1:1 for CNH and backed by CNH cash reserves at regulated financial institutions.
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