Depeg event

DGLD depeg below peg — February 23, 2026 at 17:15 UTC

Detected under v2.1

DGLD moved below peg at 17:15 UTC on February 23, 2026, with a peak deviation of 21.1% at $4117.29. The observation closed 5.5 hr later at 22:45 UTC with a recorded recovery price of $10592.38.

The checked-in price path starts at $4157.29 against a recorded peg reference of $5178.89. Pharos captured the incident through live monitoring and evaluates it under v2.1. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 21.1%
Started: February 23, 2026 at 17:15 UTC
Ended: February 23, 2026 at 22:45 UTC
Duration: 5.5 hr
Peg reference: $5178.89
Start price: $4157.29
Peak price: $4117.29
Recovery price: $10592.38

Related incidents

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Stablecoin

DGLD Tokenized Gold (DGLD) →

DGLD is Gold Token SA's tokenized physical gold from Swiss vaults, each token redeemable for 1 troy ounce of allocated LBMA PAMP-refined gold.

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Methodology pin: v2.1 changelog