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Depeg event
Detected under v5.97 · confirmed via native:jpy+pool:uniswap-v4:cg_onchain
JPYC moved above peg at 04:18 UTC on May 12, 2026, with a peak deviation of 21.0% at $0.007672. The observation closed 17.5 days later at 15:21 UTC with a recorded recovery price of $0.006226.
The checked-in price path starts at $0.007669 against a recorded peg reference of $0.006340. Pharos captured the incident through live monitoring and evaluates it under v5.97. Confirmation evidence is recorded as “native:jpy+pool:uniswap-v4:cg_onchain”. The source row also retains the quality flag “low-confidence”. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedJPY depegs
Other fiat-cash incidents
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.
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