Executive Summary
AUSD's pressure score hit -98 and USD1's -82 on $6.84M of combined net burns, while the Bank Run Gauge fell to -13 from -3. A print at -15 or lower makes flow stress the next lead.
AUSD recorded the largest mint/burn pressure shift on the tape, -98 against its 30-day baseline, on $2.53M of net burns over 24 hours. USD1 followed at -82 with $4.31M net burned. stUSDS moved the other way at +89 on $3.78M net minted. The Bank Run Gauge fell to -13 from -3, inside its CAUTIOUS band and above the -19.4 printed on 9 October.
The dollar sums are modest. AUSD and USD1 together burned a net $6.84M, against a $1.15B seven-day contraction in USDC supply to $73.03B. Pressure scores measure each coin's departure from its own baseline, and gauge valuation is running on partial data, so the readings flag a change in pace. The burns alone do not establish redemptions or lost backing.
PSI eased to 92.1 from 92.3, a third day in BEDROCK, with severity at 0.02. USDA's last stored reading remains 3,098 bps below peg on $145.56M, with no live price available. pmUSD narrowed to 3,793 bps at $0.621 from 3,847. The DEWS ALERT count rose to five from four, with MOVEUSD scoring 36 on pool balance drift.
Next trigger: a gauge print at -15 or lower would put flow stress back near the 9 October low and make it a lead candidate. stUSDS carries the accelerating signal, and a second day of net minting there would keep the 24-hour tape split between issuance and burns. DAI's +$20.86M daily reversal needs a $30M session to count as rotation.