Depeg event
GYEN Depeg, June 21, 2026: 64.4% Below Peg
Detected under v6.093
GYEN moved below peg at 18:49 UTC on June 21, 2026, with a peak deviation of 64.4% at ¥0.3538. The event remains ongoing.
The checked-in price path starts at ¥0.4535 against a recorded peg reference of $0.006192. Pharos captured the incident through live monitoring and evaluates it under v6.093. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
- Direction
- below peg
- Peak deviation
- 64.4%
- Started
- June 21, 2026
- Ended
- Ongoing
- Outcome
- Ongoing
- Duration
- —
- Peg reference
- $0.006192
- Start price
- ¥0.4535
- Peak price
- ¥0.3538
Related incidents
Other recent Japanese Yen depegs
Other Custodial 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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