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Depeg event

EURm Depeg, July 25, 2026: 5.41% Below Peg

Detected under v6.098 · confirmed via temporal:15m+native:eur+pool:uniswap-v3:cg_onchain

EURm moved below peg at 07:17 UTC on July 25, 2026, with a peak deviation of 5.41% at $1.08. Recovered after 22.3 hr at 05:33 UTC.

The checked-in price path starts at $1.10 against a recorded peg reference of $1.14. Pharos captured the incident through live monitoring and evaluates it under v6.098. Confirmation evidence is recorded as “temporal:15m+native:eur+pool:uniswap-v3:cg_onchain”. The source row also retains the quality flag “confirmation-window+low-confidence”. 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

Direction
below peg
Peak deviation
5.41%
Started
July 25, 2026
Recovered
July 26, 2026
Outcome
Recovered
Duration
22.3 hr
Peg reference
$1.14
Start price
$1.10
Peak price
$1.08

Related incidents

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.

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Methodology pin: v6.098 changelog