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Pharos

Depeg event

KAU Depeg, February 1, 2026 at 08:00 UTC: 8.44% Above Peg

Detected under v1.0 · medium confidence · audit: confirmed

KAU moved above peg at 08:00 UTC on February 1, 2026, with a peak deviation of 8.44% at $166.26. Recovered after 9.0 hr at 17:00 UTC at $152.88.

The checked-in price path starts at $166.66 against a recorded peg reference of $154.21. 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
above peg
Peak deviation
8.44%
Started
February 1, 2026 at 08:00 UTC
Recovered
February 1, 2026 at 17:00 UTC
Outcome
Recovered
Duration
9.0 hr
Peg reference
$154.21
Start price
$166.66
Peak price
$166.26
Recovery price
$152.88

Related 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.

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Methodology pin: v1.0 changelog