Depeg event

pmUSD depeg below peg — May 2, 2026

Detected under v5.95

Event summary

Direction: below peg
Peak deviation: 55.7%
Started: May 2, 2026
Ended: Ongoing
Duration: —
Peg reference: $1.0000
Start price: $0.9884
Peak price: $0.4432

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

pmUSD (pmUSD) →

pmUSD is RAAC's f(x)-fork dollar fToken minted against TokenBlender/ION.au gold collateral; xPM absorbs volatility and sUSDS-based PSM defends the peg.

Methodology pin: v5.95 changelog