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Depeg event
Detected under v5.96 · confirmed via DefiLlama+DEX+Pool
USDp moved above peg at 05:19 UTC on May 6, 2026, with a peak deviation of 22.0% at $1.22. The observation closed 2.5 hr later at 07:49 UTC with a recorded recovery price of $0.9999.
The checked-in price path starts at $1.22 against a recorded peg reference of $0.9998. Pharos captured the incident through live monitoring and evaluates it under v5.96. Confirmation evidence is recorded as “DefiLlama+DEX+Pool”. The source row also retains the quality flag “low-confidence”. 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
Parallel USDp (USDp) →USDp is Parallel's DAO-governed dollar minted against a whitelisted basket of overcollateralized stablecoins through a licensed Angle Transmuter fork.
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