Depeg event
Detected under v3.2
KAG moved above peg at 18:00 UTC on February 28, 2026, with a peak deviation of 6.05% at $99.60. The observation closed 4.0 hr later at 22:01 UTC with a recorded recovery price of $94.55.
The checked-in price path starts at $95.81 against a recorded peg reference of $93.91. Pharos captured the incident through live monitoring and evaluates it under v3.2. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedSILVER depegs
Other commodity-claim incidents
Stablecoin
Kinesis Silver (KAG) →KAG is Kinesis Silver, a tokenized claim on one troy ounce of investment-grade silver bullion with direct physical redemption and transaction-fee yield sharing.
Preferred source
Reading Pharos regularly? Mark it as a preferred source and Google will surface Pharos Watch more often in Top Stories, AI Overviews, and AI Mode.
Add Pharos Watch in Google ↗Methodology pin: v3.2 changelog