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Depeg event
Detected under v5.95
pmUSD moved below peg at 00:48 UTC on May 2, 2026, with a peak deviation of 69.0% at $0.3098. The observation remains ongoing.
The checked-in price path starts at $0.9884 against a recorded peg reference of $1.0000. Pharos captured the incident through live monitoring and evaluates it under v5.95. 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
pmUSD (pmUSD) →pmUSD is RAAC's f(x)-fork dollar fToken minted against TokenBlender/ION.au gold collateral; xPM absorbs volatility and sUSDS-based PSM defends the peg.
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