Depeg event

GYEN depeg above peg — April 1, 2026

Detected under v5.1

Event summary

Direction: above peg
Peak deviation: 25.4%
Started: April 1, 2026
Ended: April 7, 2026
Duration: 6.0 days
Peg reference: $1.00
Start price: $1.16
Peak price: $1.25
Recovery price: $0.9712

Related incidents

Other recent peggedJPY depegs

2026-06-21GYENpeak 64.4% below peg
2026-05-12JPYCpeak 21.0% above peg
2026-03-17GYENpeak 23.4% below peg

Other fiat-cash incidents

2026-07-04IDRTpeak 77.7% below peg
2026-06-29KAGpeak 11.9% below peg

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.

Methodology pin: v5.1 changelog