Depeg event

Nectar depeg below peg — February 27, 2026

Detected under v3.2

Event summary

Direction: below peg
Peak deviation: 5.16%
Started: February 27, 2026
Ended: March 1, 2026
Duration: 1.8 days
Peg reference: $0.9999
Start price: $0.9497
Peak price: $0.9483
Recovery price: $0.9905

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: v3.2 changelog