Depeg event
TRYB Depeg, June 23, 2026: 98.3% Below Peg
Detected under v6.094
TRYB moved below peg at 19:20 UTC on June 23, 2026, with a peak deviation of 98.3% at ₺0.0171. Tracking closed: coverage lost after 1.5 hr at 20:50 UTC.
The checked-in price path starts at ₺0.0171 against a recorded peg reference of $0.0215. Pharos captured the incident through live monitoring and evaluates it under v6.094. Its recorded close reason is “coverage-lost-supply”. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
- Direction
- below peg
- Peak deviation
- 98.3%
- Started
- June 23, 2026
- Tracking closed
- June 23, 2026
- Outcome
- Tracking closed: coverage lost
- Duration
- 1.5 hr
- Peg reference
- $0.0215
- Start price
- ₺0.0171
- Peak price
- ₺0.0171
Related incidents
Other recent Turkish Lira depegs
Other Custodial Cash incidents
Stablecoin
BiLira (TRYB) →TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey.
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