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Pharos
PHAROSlive stablecoin signals

Depeg event

Hex Trust USDX depeg below peg — June 19, 2025

Detected under v1.0

Event summary

Direction
below peg
Peak deviation
6.48%
Started
June 19, 2025
Ended
June 20, 2025
Duration
12.0 hr
Peg reference
$1.00
Start price
$0.9509
Peak price
$0.9352
Recovery price
$1.00

Stablecoin

Hex Trust USDX (USDX) →

USDX is Hex Trust's U.S. dollar stablecoin redeemable 1:1, backed by 1-3 month U.S. Treasury bills and cash at tier-1 banks under a TCSP license.

Methodology pin: v1.0 changelog