Depeg event
USDXL Depeg, May 29, 2026: 7.37% Above Peg
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. Recovered after 2.4 days at 01:35 UTC at $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
- Direction
- above peg
- Peak deviation
- 7.37%
- Started
- May 29, 2026
- Recovered
- June 1, 2026
- Outcome
- Recovered
- Duration
- 2.4 days
- Peg reference
- $0.9998
- Start price
- $1.02
- Peak price
- $1.07
- Recovery price
- $1.01
Related incidents
Other recent peggedUSD depegs
Other cdp incidents
Stablecoin
Last USD (USDXL) →USDXL is Last's CDP-style synthetic dollar on HypurrFi, with a liquidity-limited on-chain redemption path into USDT0.
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