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Depeg event
Detected under v5.91
MUSD moved above peg at 23:49 UTC on April 13, 2026, with a peak deviation of 5.91% at $1.06. The observation closed 1.8 days later at 19:34 UTC with a recorded recovery price of $1.01.
The checked-in price path starts at $1.01 against a recorded peg reference of $0.9998. Pharos captured the incident through live monitoring and evaluates it under v5.91. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedUSD depegs
Other cdp incidents
Stablecoin
Mezo USD (MUSD) →MUSD is Mezo's BTC-only overcollateralized stablecoin on Mezo's Bitcoin L2, minted at 110% minimum against native and wrapped BTC via Liquity v1.
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