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Depeg event

USDX depeg below peg — July 16, 2026

Detected under v6.096

Event summary

Direction: below peg
Peak deviation: 34.0%
Started: July 16, 2026
Ended: Ongoing
Duration: —
Peg reference: $0.9999
Start price: $0.6600
Peak price: $0.6600

Related incidents

Other recent peggedUSD depegs

2026-07-06USDApeak 5.03% below peg
2026-06-26RUSDpeak 90.0% below peg
2026-06-24REUSDpeak 44.5% below peg

Other cdp incidents

2026-06-24MAIpeak 19.2% below peg
2026-06-21USXpeak 57.8% below peg

Stablecoin

USDX (USDX) →

USDX is Kava Mint's legacy CDP dollar, sustained by crypto-collateralized debt positions and currently trading at a material discount to peg.

Methodology pin: v6.096 changelog