Depeg event

MAI depeg below peg — June 24, 2026

Detected under v6.094 · confirmed via defillama-confirm+dex:cg_onchain+dex:direct_api

Event summary

Direction: below peg
Peak deviation: 19.2%
Started: June 24, 2026
Ended: Ongoing
Duration: —
Peg reference: $0.9998
Start price: $0.9897
Peak price: $0.8082

Related incidents

Other recent peggedUSD depegs

2026-06-22RUSDpeak 70.0% below peg
2026-06-21USXpeak 57.8% below peg
2026-06-21MSUSDpeak 82.0% below peg

Other cdp incidents

2026-06-13MAIpeak 19.2% below peg

Co-occurring stress events

2026-06-23TRYBpeak 98.3% below peg

Stablecoin

MAI (MAI) →

MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains; currently in a sustained soft depeg below $0.99.

Methodology pin: v6.094 changelog