Depeg event

Mento Euro depeg below peg — March 17, 2026

Detected under v4.6

Event summary

Direction: below peg
Peak deviation: 6.56%
Started: March 17, 2026
Ended: March 18, 2026
Duration: 1.0 days
Peg reference: $1.15
Start price: $1.07
Peak price: $1.07
Recovery price: $1.15

Related incidents

Other recent peggedEUR depegs

2026-07-05EURmpeak 7.54% below peg
2026-06-22REURpeak 69.3% below peg
2026-06-19EURSpeak 14.2% above peg

Co-occurring stress events

2026-03-23apxUSDpeak 12.6% above peg
2026-03-22KAUpeak 9.44% below peg

Stablecoin

Mento Euro (EURm) →

EURm is Mento's oracle-priced euro stablecoin on Celo, mint and redeem through the Mento reserve backed by a diversified crypto and stablecoin basket.

Methodology pin: v4.6 changelog