/
Depeg event
Detected under v4.5
USND moved above peg at 08:00 UTC on March 10, 2026, with a peak deviation of 7.88% at $1.08. The observation closed 45 min later at 08:45 UTC with a recorded recovery price of $0.9989.
The checked-in price path starts at $1.08 against a recorded peg reference of $0.9999. Pharos captured the incident through live monitoring and evaluates it under v4.5. 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
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.
Preferred source
Reading Pharos regularly? Mark it as a preferred source and Google will surface Pharos Watch more often in Top Stories, AI Overviews, and AI Mode.
Add Pharos Watch in Google ↗Methodology pin: v4.5 changelog