Depeg event
KAU Depeg, January 3, 2026 at 15:00 UTC: 7.67% Below Peg
Detected under v1.0 · medium confidence · audit: confirmed
KAU moved below peg at 15:00 UTC on January 3, 2026, with a peak deviation of 7.67% at $129.22. Recovered after 3.0 hr at 18:00 UTC at $140.37.
The checked-in price path starts at $129.71 against a recorded peg reference of $139.94. 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
- Direction
- below peg
- Peak deviation
- 7.67%
- Started
- January 3, 2026 at 15:00 UTC
- Recovered
- January 3, 2026 at 18:00 UTC
- Outcome
- Recovered
- Duration
- 3.0 hr
- Peg reference
- $139.94
- Start price
- $129.71
- Peak price
- $129.22
- Recovery price
- $140.37
Related incidents
Other recent peggedGOLD depegs
Other commodity-claim incidents
Stablecoin
Kinesis Gold (KAU) →KAU (ERC-20) is KMS Labs' Ethereum gold token backed 1:1 by native Kinesis KAU; physical redemption is two-step and ERC-20 balances do not earn fee yield.
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: v1.0 changelog