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Depeg event
Detected under v4.6
NECT moved below peg at 11:01 UTC on March 12, 2026, with a peak deviation of 5.17% at $0.9481. The observation closed 1.0 days later at 12:00 UTC with a recorded recovery price of $1.00.
The checked-in price path starts at $0.9546 against a recorded peg reference of $0.9999. Pharos captured the incident through live monitoring and evaluates it under v4.6. 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
Nectar (NECT) →NECT is Beraborrow's Liquity v2-style overcollateralized stablecoin on Berachain, minted against iBGT, WBERA, BTC/ETH variants, and Kodiak Island LPs.
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