Executive Summary
USX at 549 hours and $0.392 is no longer alone; apxUSD, USDA, and pmUSD share the sub-peg roster on $541M of impaired mcap against a $333.92B market.
USX enters its 549th hour at $0.392, 5,783 bps under peg, and it is no longer the outlier. apxUSD holds $0.878 on $308M of impaired mcap, USDA sits 3,098 bps below on $148M, pmUSD prints $0.692 on $64.69M. Four pegs past the 3,000 bps threshold now share the roster; USX is merely the oldest resident.
The Pharos Stability Index reads 93.1, its 21st consecutive BEDROCK session, because these four broken names combined weigh under $550M against $333.92B. What actually shifted overnight is the Bank Run Gauge, which fell from +2.5 to -11.9 CAUTIOUS. USDS shed $897M this week and now trades 25% below its April ATH of $8.95B.
YLDS more than tripled DEX liquidity from $2.34M to $46.68M as its score jumped 14 points, a rare improvement in a tape defined by attrition. If apxUSD widens back to 3,650 bps or PSI slips under 91 next session, the roster's ambient weight becomes an active problem rather than a chronic one.