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Depeg event
Detected under v1.0
HONEY moved above peg at 23:01 UTC on January 25, 2026, with a peak deviation of 49.8% at $1.50. The observation closed 59 min later at 00:00 UTC with a recorded recovery price of $0.9990.
The checked-in price path starts at $1.50 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 peggedUSD depegs
Other fiat-cash incidents
Stablecoin
Honey (HONEY) →Honey is Berachain's native fully-collateralized dollar token, minted 1:1 against approved stable assets where some routes carry mint/redeem fees.
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