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Pharos
PHAROSlive stablecoin signals

Depeg event

Mezo USD depeg above peg — October 8, 2025

Detected under v1.0

Event summary

Direction
above peg
Peak deviation
5.04%
Started
October 8, 2025
Ended
October 8, 2025
Duration
58 min
Peg reference
$1.00
Start price
$1.05
Peak price
$1.05
Recovery price
$0.9951

Stablecoin

Mezo USD (MUSD) →

MUSD is Mezo's BTC-only overcollateralized stablecoin on Mezo's Bitcoin L2, minted at 110% minimum against native and wrapped BTC via Liquity v1.

Methodology pin: v1.0 changelog