Depeg event

Re Protocol reUSD depeg above peg — February 22, 2026

Detected under v2.1

Event summary

Direction: above peg
Peak deviation: 6.24%
Started: February 22, 2026
Ended: February 22, 2026
Duration: 20.8 hr
Peg reference: $0.9996
Start price: $1.06
Peak price: $1.06

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 synthetic-delta-neutral incidents

2026-06-21MSUSDpeak 82.0% below peg
2026-03-22USRpeak 90.3% below peg

Stablecoin

Re Protocol reUSD (reUSD) →

reUSD is Re Protocol's NAV-based yield token deploying USDC and USDe/sUSDe into delta-neutral ETH basis trades and short-duration U.S. T-bills (Cayman Islands).

Methodology pin: v2.1 changelog