Depeg event

satUSD depeg below peg — February 25, 2026 at 12:00 UTC

Detected under v3.0

satUSD moved below peg at 12:00 UTC on February 25, 2026, with a peak deviation of 8.69% at $0.9131. The observation closed 4.5 hr later at 16:30 UTC with a recorded recovery price of $0.9939.

The checked-in price path starts at $0.9868 against a recorded peg reference of $0.9996. Pharos captured the incident through live monitoring and evaluates it under v3.0. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 8.69%
Started: February 25, 2026 at 12:00 UTC
Ended: February 25, 2026 at 16:30 UTC
Duration: 4.5 hr
Peg reference: $0.9996
Start price: $0.9868
Peak price: $0.9131
Recovery price: $0.9939

Related incidents

Other recent peggedUSD depegs

Other cdp incidents

Stablecoin

River Stablecoin (satUSD) →

satUSD is River's omni-CDP stablecoin overcollateralized by BTC, ETH, BNB, and LSTs; collateral stays source-chain and satUSD is minted via LayerZero OFT.

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Methodology pin: v3.0 changelog