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Depeg event
Detected under v1.0
GYEN moved below peg at 00:00 UTC on February 11, 2026, with a peak deviation of 26.2% at $0.7380. The observation closed 49.0 days later at 00:00 UTC with a recorded recovery price of $1.16.
The checked-in price path starts at $0.8800 against a recorded peg reference of $1.00. Pharos captured the incident through a historical backfill and evaluates it under v1.0. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedJPY depegs
Other fiat-cash incidents
Stablecoin
GYEN (GYEN) →GYEN is GMO Trust's NYDFS-chartered JPY stablecoin now in wind-down, with purchases disabled and redemption-only access open during the initial period.
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