Depeg event

DGLD depeg below peg — February 23, 2026 at 08:02 UTC

Detected under v2.1

DGLD moved below peg at 08:02 UTC on February 23, 2026, with a peak deviation of 49.6% at $2614.76. The observation closed 15.0 hr later at 23:02 UTC with a recorded recovery price of $10592.39.

The checked-in price path starts at $5045.84 against a recorded peg reference of $5190.95. Pharos captured the incident through a historical backfill and evaluates it under v2.1. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 49.6%
Started: February 23, 2026 at 08:02 UTC
Ended: February 23, 2026 at 23:02 UTC
Duration: 15.0 hr
Peg reference: $5190.95
Start price: $5045.84
Peak price: $2614.76
Recovery price: $10592.39

Related incidents

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Stablecoin

DGLD Tokenized Gold (DGLD) →

DGLD is Gold Token SA's tokenized physical gold from Swiss vaults, each token redeemable for 1 troy ounce of allocated LBMA PAMP-refined gold.

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Methodology pin: v2.1 changelog