Executive Summary
USD1 read -100 against its 30-day baseline on $13.69M of net burns, and the Bank Run Gauge fell to -24.9, below 9 October's -19.4. A print of -30 or lower would make flow stress the next lead candidate.
USD1 posted a mint/burn pressure reading of -100 against its 30-day baseline on $13.69M of net burns over 24 hours, the only negative maximum on the tape. The Bank Run Gauge fell to -24.9 from -13.0, inside its CAUTIOUS band and below the -19.4 printed on 9 October, clearing the -15 level yesterday's edition set as its trigger. Flight-to-quality is inactive.
The offsets were smaller. U and CHFAU each read +100 on net mints of $6.49M and $4.80M, a combined $11.29M against USD1's single burn. USD1's token supply is $182.06M lower over seven days, $5.53M of it in the latest day. Ethereum showed -$176.42M of net flow across tracked coins; Arbitrum, at +$910.42K, was the only one of the three listed chains with a net mint.
USDC's weekly supply decline reached $1.51B, leaving $72.80B outstanding, 9% below its April high, though only $53.65M of that came in the last day. The figures count tokens outstanding and do not identify who redeemed. PSI eased to 91.3 for a fourth BEDROCK day, its trend term reflecting a 0.37% weekly fall in total market cap to $322.42B.
DEWS lists nine coins in ALERT or WARNING, up from five, with HBD alone in WARNING at a score of 61 on cross-source divergence. Avalon's USDA is still carried at a stored 3,098 bps deviation across $145.56M, live price unavailable; pmUSD narrowed to 3,543 bps from 3,793. If USDe adds $20M or more in one session after today's +$12.62M, its reversal of a $197.23M weekly decline becomes rotation.