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Depeg event
Detected under v6.21 · confirmed via temporal:15m
EURm moved above peg at 06:16 UTC on August 12, 2026, with a peak deviation of 159.8% at $2.60. The observation closed 7.2 days later at 11:32 UTC with a recorded recovery price of $1.00.
The checked-in price path starts at $2.60 against a recorded peg reference of $1.00. Pharos captured the incident through live monitoring and evaluates it under v6.21. Confirmation evidence is recorded as “temporal:15m”. The source row also retains the quality flag “confirmation-window+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 recent peggedEUR depegs
Other fiat-cash 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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