Depeg event

satUSD depeg below peg — February 25, 2026 at 11:01 UTC

Detected under v2.1

satUSD moved below peg at 11:01 UTC on February 25, 2026, with a peak deviation of 11.9% at $0.8813. The observation closed 8.8 hr later at 19:45 UTC with a recorded recovery price of $0.9999.

The checked-in price path starts at $0.9868 against a recorded peg reference of $1.00. Pharos captured the incident through a historical backfill and evaluates it under v2.1. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 11.9%
Started: February 25, 2026 at 11:01 UTC
Ended: February 25, 2026 at 19:45 UTC
Duration: 8.8 hr
Peg reference: $1.00
Start price: $0.9868
Peak price: $0.8813
Recovery price: $0.9999

Related incidents

Other recent peggedUSD depegs

Other cdp incidents

Stablecoin

River Stablecoin (satUSD) →

satUSD is River's omni-CDP stablecoin overcollateralized by BTC, ETH, BNB, and LSTs; collateral stays source-chain and satUSD is minted via LayerZero OFT.

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Methodology pin: v2.1 changelog