Depeg event

Nectar depeg below peg — February 21, 2026 at 10:30 UTC

Detected under v2.1

NECT moved below peg at 10:30 UTC on February 21, 2026, with a peak deviation of 5.27% at $0.9472. The observation closed 2.8 hr later at 13:20 UTC with a recorded recovery price of $0.9989.

Event summary

Direction: below peg
Peak deviation: 5.27%
Started: February 21, 2026 at 10:30 UTC
Ended: February 21, 2026 at 13:20 UTC
Duration: 2.8 hr
Peg reference: $0.9997
Start price: $0.9548
Peak price: $0.9472
Recovery price: $0.9989

Related incidents

Other recent peggedUSD depegs

2026-07-27MAIpeak 19.2% below peg
2026-07-23MSUSDpeak 30.8% below peg
2026-07-21avUSDpeak 5.35% above peg

Other cdp incidents

2026-07-16USDXpeak 34.0% below peg
2026-06-24REUSDpeak 44.5% below peg

Stablecoin

Nectar (NECT) →

NECT is Beraborrow's Liquity v2-style overcollateralized stablecoin on Berachain, minted against iBGT, WBERA, BTC/ETH variants, and Kodiak Island LPs.

Methodology pin: v2.1 changelog