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Depeg event
Detected under v6.0
USDXL moved above peg at 15:21 UTC on May 29, 2026, with a peak deviation of 7.37% at $1.07. The observation closed 2.4 days later at 01:35 UTC with a recorded recovery price of $1.01.
The checked-in price path starts at $1.02 against a recorded peg reference of $0.9998. Pharos captured the incident through live monitoring and evaluates it under v6.0. 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
Last USD (USDXL) →USDXL is Last's synthetic dollar minted as CDP-style debt against blue-chip collateral on HypurrFi (Aave-V3 fork on HyperEVM), with no public redemption rail.
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