Depeg event
Hex Trust USDX depeg below peg — June 23, 2025
Detected under v1.0
Event summary
- Direction
- below peg
- Peak deviation
- 5.46%
- Started
- June 23, 2025
- Ended
- June 23, 2025
- Duration
- 10.0 hr
- Peg reference
- $1.00
- Start price
- $0.9454
- Peak price
- $0.9454
- Recovery price
- $1.02
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