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Pharos
PHAROSlive stablecoin signals

Depeg event

Hex Trust USDX depeg below peg — March 8, 2026

Detected under v4.4

Event summary

Direction
below peg
Peak deviation
34.92%
Started
March 8, 2026
Ended
March 9, 2026
Duration
23.8 hr
Peg reference
$0.9996
Start price
$0.7005
Peak price
$0.6506
Recovery price
$0.9917

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: v4.4 changelog