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Tracked410Active364Pegs27Chains108

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Tracked410Active364Pegs27Chains108

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Depeg event

Nerite USND depeg above peg — February 17, 2026

Detected under v1.0

Event summary

Direction: above peg
Peak deviation: 7.06%
Started: February 17, 2026
Ended: February 17, 2026
Duration: 1.0 hr
Peg reference: $1.00
Start price: $1.07
Peak price: $1.07
Recovery price: $1.00

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

Nerite USND (USND) →

USND was Nerite's Liquity-v2 fork CDP dollar on Arbitrum; supply collapsed after the rsETH hack impaired an approved collateral branch.

USND 2026-02-23 →

Methodology pin: v1.0 changelog