Depeg event

Nectar depeg below peg — March 8, 2026 at 20:00 UTC

Detected under v4.4

NECT moved below peg at 20:00 UTC on March 8, 2026, with a peak deviation of 5.54% at $0.9444. The observation closed 15 min later at 20:15 UTC with a recorded recovery price of $0.9984.

Event summary

Direction: below peg
Peak deviation: 5.54%
Started: March 8, 2026 at 20:00 UTC
Ended: March 8, 2026 at 20:15 UTC
Duration: 15 min
Peg reference: $0.9999
Start price: $0.9444
Peak price: $0.9444
Recovery price: $0.9984

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: v4.4 changelog