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Pharos
PHAROSlive stablecoin signals

Depeg event

MAI depeg below peg — May 13, 2026

Detected under v5.98 · confirmed via coingecko-confirm+dex:kyberswap_elastic_avalanche+dex:kyberswap_elastic_arbitrum+dex:balancer+dex:quickswap+dex:trader-joe+dex:radioshack_polygon_pos+dex:uniswap-v3+dex:sushiswap

Event summary

Direction
below peg
Peak deviation
35.41%
Started
May 13, 2026
Ended
Ongoing
Duration
Peg reference
$0.9998
Start price
$0.9857
Peak price
$0.6458

Stablecoin

MAI (MAI) →

MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across nine chains; currently in a sustained soft depeg below $0.99.

Methodology pin: v5.98 changelog