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Tracked410Active364Pegs27Chains108

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Tracked410Active364Pegs27Chains108

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Depeg event

Nerite USND depeg above peg — February 23, 2026

Detected under v2.1

Event summary

Direction: above peg
Peak deviation: 5.98%
Started: February 23, 2026
Ended: February 23, 2026
Duration: 3.0 hr
Peg reference: $1.00
Start price: $1.06
Peak price: $1.06
Recovery price: $0.9997

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 2026-02-17 USND 2026-02-24 →

Methodology pin: v2.1 changelog