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Depeg event
Detected under v2.1
TRYB moved below peg at 11:45 UTC on February 23, 2026, with a peak deviation of 5.08% at $0.0216. The observation closed 2.3 hr later at 14:01 UTC with a recorded recovery price of $0.0226.
The checked-in price path starts at $0.0216 against a recorded peg reference of $0.0228. Pharos captured the incident through live monitoring and evaluates it under v2.1. The record reports the observed price path and resolution state without inferring a cause from those measurements.
Event summary
Related incidents
Other recent peggedTRY depegs
Other fiat-cash incidents
Stablecoin
BiLira (TRYB) →TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey.
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