Depeg event

River Stablecoin depeg below peg — March 4, 2026

Detected under v4.4

satUSD moved below peg at 15:01 UTC on March 4, 2026, with a peak deviation of 5.80% at $0.9420. The observation closed 13.3 hr later at 04:15 UTC with a recorded recovery price of $0.9943.

The checked-in price path starts at $0.9868 against a recorded peg reference of $0.9994. Pharos captured the incident through live monitoring and evaluates it under v4.4. The record reports the observed price path and resolution state without inferring a cause from those measurements.

Event summary

Direction: below peg
Peak deviation: 5.80%
Started: March 4, 2026
Ended: March 5, 2026
Duration: 13.3 hr
Peg reference: $0.9994
Start price: $0.9868
Peak price: $0.9420
Recovery price: $0.9943

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: v4.4 changelog