Depeg event

satUSD depeg below peg — February 25, 2026 at 21:31 UTC

Detected under v3.0

satUSD moved below peg at 21:31 UTC on February 25, 2026, with a peak deviation of 5.42% at $0.9457. The observation closed 44 min later at 22:15 UTC with a recorded recovery price of $0.9970.

The checked-in price path starts at $0.9457 against a recorded peg reference of $0.9999. Pharos captured the incident through live monitoring and evaluates it under v3.0. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 5.42%
Started: February 25, 2026 at 21:31 UTC
Ended: February 25, 2026 at 22:15 UTC
Duration: 44 min
Peg reference: $0.9999
Start price: $0.9457
Peak price: $0.9457
Recovery price: $0.9970

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: v3.0 changelog