Depeg event

Nectar depeg below peg — February 27, 2026 at 14:00 UTC

Detected under v3.2

NECT moved below peg at 14:00 UTC on February 27, 2026, with a peak deviation of 5.16% at $0.9483. The observation closed 1.8 days later at 09:15 UTC with a recorded recovery price of $0.9905.

Event summary

Direction: below peg
Peak deviation: 5.16%
Started: February 27, 2026 at 14:00 UTC
Ended: March 1, 2026 at 09:15 UTC
Duration: 1.8 days
Peg reference: $0.9999
Start price: $0.9497
Peak price: $0.9483
Recovery price: $0.9905

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: v3.2 changelog