Executive Summary
pmUSD sits at $0.474, 5,257 bps off peg and 122 bps better than yesterday, but DEWS scores its cross-source divergence at 100. PSI fell to 91, its lowest in 222 days of tracking.
pmUSD priced at $0.474 this morning, 5,257 bps below its dollar peg and 122 bps narrower than yesterday's 5,379 bps, against a 6,902 bps peak. DEWS holds the $44.46M token in ALERT at a score of 37, with cross-source divergence at the maximum 100 and pool balance drift at 66. The sources behind that $0.474 print disagree, so one narrower reading is thin evidence of repair.
PSI fell to 91 from 93 at the last daily snapshot, its lowest since the Digest began 222 days ago, while extending a 90-day BEDROCK streak. Severity is 0.03, so breadth at 6.75 accounts for the decline; coins in DEWS ALERT or worse rose to 12 from 7. Avalon's USDA remains listed 3,098 bps below peg on a stored peak, with no live price, across $145.56M.
The Bank Run Gauge moved to 13.1 from -14.5. stcUSD netted $9.19M of mints, and CHFAU burned a net $3.48M while sitting in DEWS ALERT at 45. USDC supply is $507.45M lower over seven days at $74.34B. Next trigger: a pmUSD reading of 6,050 bps off peg would mark renewed widening. An RLUSD daily move of $25M, following today's +$19.73M, would make its reversal a rotation story.