Depeg event

Kinka depeg above peg — January 29, 2026

Detected under v1.0

Event summary

Direction: above peg
Peak deviation: 5.10%
Started: January 29, 2026
Ended: January 29, 2026
Duration: 13.0 hr
Peg reference: $5411.68
Start price: $5524.81
Peak price: $5500.04
Recovery price: $5160.81

Related incidents

Other recent peggedGOLD depegs

2026-06-15XAUmpeak 9.98% above peg
2026-06-05XAUmpeak 8.00% above peg
2026-05-19XAUmpeak 5.37% above peg

Co-occurring stress events

2026-02-05CGOpeak 5.65% above peg
2026-02-04PGOLDpeak 5.38% above peg

Stablecoin

Kinka (XNK) →

XNK is Kinka's gold-backed commodity token, with each token representing one troy ounce of 99.99% Japanese-brand gold bullion held with Loomis vaulting.

Methodology pin: v1.0 changelog