Depeg event

JPY Coin depeg above peg — May 12, 2026

Detected under v5.97 · confirmed via native:jpy+pool:uniswap-v4:cg_onchain

Event summary

Direction: above peg
Peak deviation: 21.02%
Started: May 12, 2026
Ended: May 29, 2026
Duration: 17.5 days
Peg reference: $0.006340
Start price: $0.007669
Peak price: $0.007672
Recovery price: $0.006226

Related incidents

Other fiat-cash incidents

2026-06-02EURSpeak 15.08% above peg
2026-06-01EURSpeak 16.60% above peg
2026-05-24USDRpeak 75.46% below peg

Co-occurring stress events

2026-05-13MAIpeak 35.41% below peg
2026-05-06USDppeak 22.03% above peg

Stablecoin

JPY Coin (JPYC) →

JPYC is JPYC Inc.'s centralized yen stablecoin, backed 1:1 by JPY deposits and Japanese government bonds under a Type II Funds Transfer Service license.

Methodology pin: v5.97 changelog