---
title: "USX Passes 450 Hours Broken"
canonical: "https://pharos.watch/digest/2026-07-10/"
datePublished: "2026-07-10T08:08:06.000Z"
description: "USX sits 5,783 bps under peg for 453 hours; pmUSD makes that look brisk at 1,663 hours. Thirteen depegs active while PSI extends its BEDROCK streak to 17 days."
---

# USX Passes 450 Hours Broken

## Executive Summary

USX sits 5,783 bps under peg for 453 hours; pmUSD makes that look brisk at 1,663 hours. Thirteen depegs active while PSI extends its BEDROCK streak to 17 days.

## Extended

USX has now spent 453 hours anchored 5,783 bps below peg, with dForce's $20.8M in circulating exposure showing zero sign of resolution. It is the deepest active break on the tape, though pmUSD (5,568 bps, 1,663 hours, $69.56M) makes USX look freshly stuck by comparison. Thirteen depegs sit active; five resolved in 24 hours, and the composition rotates without the count budging.

**Liquidity Rebuilds** Three new DEX depth improvements printed today: USDf added $5.4M (score 48 to 58) on $1.42B float, LISUSD nearly quadrupled TVL to $18.35M on $74.91M mcap, and CASH more than doubled to $20.82M. None led yesterday's set. PSI ticked from 91.9 to 93, extending BEDROCK to 17 days while the depeg count refuses to fall.

XAUT shed $428.67M over seven days, its largest weekly outflow on record, leaving mcap 16% below the $3.00B March ATH. Watch APXUSD next: if it widens from 3,159 bps back to 3,650, the tape stops reading as slow attrition and starts reading as a second leg. The alternate trigger is PSI at 91 or lower, which would end the streak the index has been coasting on.