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Pharos

Depeg event

KAU Depeg, February 1, 2026 at 21:00 UTC: 5.98% Above Peg

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

KAU moved above peg at 21:00 UTC on February 1, 2026, with a peak deviation of 5.98% at $160.37. Recovered after 1.0 hr at 22:00 UTC at $146.05.

The checked-in price path starts at $160.37 against a recorded peg reference of $151.32. 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
5.98%
Started
February 1, 2026 at 21:00 UTC
Recovered
February 1, 2026 at 22:00 UTC
Outcome
Recovered
Duration
1.0 hr
Peg reference
$151.32
Start price
$160.37
Peak price
$160.37
Recovery price
$146.05

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