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Depeg event
Detected under v4.4
USDX moved below peg at 04:15 UTC on March 4, 2026, with a peak deviation of 12.8% at $0.8717. The observation closed 21.3 hr later at 01:30 UTC with a recorded recovery price of $1.00.
The checked-in price path starts at $0.9868 against a recorded peg reference of $0.9998. Pharos captured the incident through live monitoring and evaluates it under v4.4. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedUSD depegs
Other fiat-cash incidents
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 Hong Kong issuer disclosures.
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