Skip to main content
Pharos

Depeg event

KAU Depeg, February 15, 2026: 6.12% Below Peg

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

KAU moved below peg at 01:00 UTC on February 15, 2026, with a peak deviation of 6.12% at $149.88. Recovered after 6.0 hr at 07:00 UTC at $160.18.

The checked-in price path starts at $149.88 against a recorded peg reference of $159.66. 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
6.12%
Started
February 15, 2026
Recovered
February 15, 2026
Outcome
Recovered
Duration
6.0 hr
Peg reference
$159.66
Start price
$149.88
Peak price
$149.88
Recovery price
$160.18

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.

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