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Depeg event
Detected under v4.6
EURm moved below peg at 21:15 UTC on March 17, 2026, with a peak deviation of 6.56% at $1.07. The observation closed 1.0 days later at 21:16 UTC with a recorded recovery price of $1.15.
The checked-in price path starts at $1.07 against a recorded peg reference of $1.15. Pharos captured the incident through live monitoring and evaluates it under v4.6. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedEUR depegs
Other shared-reserve incidents
Stablecoin
Mento Euro (EURm) →EURm is Mento's oracle-priced euro stablecoin on Celo, mint and redeem through the Mento reserve backed by a diversified crypto and stablecoin basket.
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