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Depeg event
Detected under v6.096
USDX moved below peg at 09:04 UTC on July 16, 2026, with a peak deviation of 34.0% at $0.6600. The observation remains ongoing.
The checked-in price path starts at $0.6600 against a recorded peg reference of $0.9999. Pharos captured the incident through live monitoring and evaluates it under v6.096. 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 cdp incidents
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.
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