Depeg event

Nectar depeg below peg — February 16, 2026

Detected under v1.0

Event summary

Direction: below peg
Peak deviation: 5.41%
Started: February 16, 2026
Ended: February 16, 2026
Duration: 3.0 hr
Peg reference: $1.00
Start price: $0.9459
Peak price: $0.9459
Recovery price: $0.9986

Related incidents

Other recent peggedUSD depegs

2026-07-06USDApeak 5.03% below peg
2026-06-26RUSDpeak 90.0% below peg
2026-06-24REUSDpeak 44.5% below peg

Other cdp incidents

2026-06-24MAIpeak 19.2% below peg
2026-06-21USXpeak 57.8% below peg

Stablecoin

Nectar (NECT) →

NECT is Beraborrow's Liquity v2-style overcollateralized stablecoin on Berachain, minted against iBGT, WBERA, BTC/ETH variants, and Kodiak Island LPs.

Methodology pin: v1.0 changelog