{"project":{"slug":"tokenbrice-pharos-watch","name":"Pharos Watch","url":"https://heyresearch.xyz/project/tokenbrice-pharos-watch"},"lens":"held","items":[{"id":"ship:544f79dc-4ea1-4864-9c6e-85acce44cd79","kind":"release","at":"2026-10-16T08:06:03.000Z","precision":"EXACT","title":"USDT Sheds $824M In A Week","summary":"Tether's USDT supply fell $824.16M over seven days to $183.46B. That was the largest weekly move among tracked stablecoins and less than half a percent of its outstanding tokens. It sits 3% below its April 26 record of $189.76B; the figure counts tokens outstanding and does not show who redeemed. The blacklist tape logged 35 events affecting $16.34M, the largest of them USDT blacklistings on Tron of $3.16M and $3.05M. Total stablecoin market cap fell $1.31B on the week to $321.48B, 0.29% under the Digest-window high set two days ago. USDe net burned $39.44M in 24 hours for a pressure reading o","recordedAt":"2026-10-16T09:33:32.859Z","discoveryLagHours":1.5,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/digest/2026-10-16/"},{"id":"ship:e1280631-674f-4203-9f4b-a3e14d84d1ee","kind":"release","at":"2026-10-16T00:00:00.000Z","precision":"DATE","title":"Yield Intelligence v8.49 — XGLD gold-denominated on-chain rate source","summary":"XGLD leaves the intentional yield gap through a reviewed BNB Chain exchange-rate source measuring XAUt per XGLD, separate from gold's USD price appreciation. The existing Tier 1 exchange-rate reader consumes the exact reviewed XGLDExchangeRate provider's exchangeRate() with six-decimal precision. Its rate delta measures issuer-administered gold-denominated NAV, not reconciled strategy profit or a guaranteed holder return. The source grants no measured TVL: the provider is an auxiliary rate contract, not the token deployment or an ERC-4626 totalAssets reader. Existing comparison-anchor, freshne","recordedAt":"2026-10-16T09:33:42.951Z","discoveryLagHours":9.6,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/yield-changelog/"},{"id":"ship:a9523651-db57-4106-8c6f-add4170c2fb8","kind":"announcement","at":"2026-10-15T12:01:33.000Z","precision":"EXACT","title":"apxUSD depeg -230 bps","summary":"Active below peg by 230 bps starting 2026-10-15.","recordedAt":"2026-10-15T14:35:42.610Z","discoveryLagHours":2.6,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/apxusd-apyx/#depeg-history"},{"id":"ship:8a1e9f5a-2bed-4b13-b957-08ea49609205","kind":"announcement","at":"2026-10-14T00:16:57.000Z","precision":"EXACT","title":"WARS depeg -612 bps","summary":"Active below peg by 612 bps starting 2026-10-14.","recordedAt":"2026-10-14T06:11:51.258Z","discoveryLagHours":5.9,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/wars-2026-10-14/"},{"id":"ship:0f1fac87-0d18-4aa4-a787-ffb70e30b696","kind":"release","at":"2026-10-11T00:00:00.000Z","precision":"DATE","title":"Blacklist Tracker v4.3 — Canonical freeze identities and evidence-qualified totals","summary":"FreezeWatch counts canonical accounts and logs once, separates caught-up coverage from bounded scan progress, and preserves unavailable USD valuations rather than reporting them as zero. Historical amount repair requires event-time quote attribution; current prices cannot value an old freeze event. Equivalent EVM log spellings and Tron account representations no longer duplicate public events, active counts, or snapshots. Newly persisted Tron addresses use validated lowercase 0x byte identities; Base58 remains a provider-call and display representation. Numeric transaction-local lifecycle orde","recordedAt":"2026-10-11T07:26:21.591Z","discoveryLagHours":7.4,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/blacklist-tracker-changelog/"},{"id":"ship:5bf4ab5d-4398-49d7-941f-e8c8a62b74df","kind":"release","at":"2026-10-08T00:00:00.000Z","precision":"DATE","title":"Safety Score v10.10 — Distinct evidence obligations, known reserve bounds and researched incident absence","summary":"Safety Score v10.10 counts distinct per-card evidence obligations while retaining every scoring witness, publishes fully determined reserve-bound factors as known, and admits independent exact-scope researched-negative incident reviews (wave-5 owner approval 2026-10-07). Producer repairs restore source identity, partial vault execution, EUR output references and batched Solana censuses without changing their scoring or evidence-admission rules. Distinct obligation accounting (wave-5 owner approval 2026-10-07, KPI_DEDUP): each exact sourceGapId counts once per card and responsibility owner. A s","recordedAt":"2026-10-08T02:42:10.136Z","discoveryLagHours":2.7,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/scoring-changelog/"},{"id":"ship:bfea9880-f67d-4bca-9b4b-2e633f08c9fb","kind":"announcement","at":"2026-10-07T10:16:44.000Z","precision":"EXACT","title":"USDB depeg -158 bps","summary":"Active below peg by 158 bps starting 2026-10-07.","recordedAt":"2026-10-07T13:39:02.772Z","discoveryLagHours":3.4,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/usdb-blast/#depeg-history"},{"id":"ship:06920097-4f7e-421d-8c88-4177f25cebf7","kind":"announcement","at":"2026-10-06T02:16:13.000Z","precision":"EXACT","title":"pathUSD depeg -361 bps","summary":"Active below peg by 361 bps starting 2026-10-06.","recordedAt":"2026-10-06T08:36:14.111Z","discoveryLagHours":6.3,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/pathusd-bridge/#depeg-history"},{"id":"ship:693edfb0-8edd-4542-8314-96cb0f099cab","kind":"announcement","at":"2026-10-05T12:16:21.000Z","precision":"EXACT","title":"BRZ depeg -484 bps","summary":"Active below peg by 484 bps starting 2026-10-05.","recordedAt":"2026-10-05T18:00:48.746Z","discoveryLagHours":5.7,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/brz-transfero/#depeg-history"},{"id":"ship:280fa32b-46ed-425c-8932-3827b3feaf84","kind":"announcement","at":"2026-10-05T00:00:00.000Z","precision":"DATE","title":"USDKG (USDKG): Regulatory","summary":"Cabinet order ended the gold-backed dollar USDKG announced on October 5, 2026 that issuance, circulation and blockchain operations would cease under Kyrgyz Cabinet Order 639-t dated August 20. The order directed liquidation of its issuer, EVA. Holders were directed to hello@usdkg.com to arrange fiat or USDT exchange, with no published payout duration. The issuer announced plans to consolidate and burn tokens and suspend the Ethereum and Tron contracts; completed burns and full holder repayment have not been established. Pharos preserves the token's historical market record as a frozen archive.","recordedAt":"2026-10-19T09:58:44.717Z","discoveryLagHours":346,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/cemetery/#usdkg-gold-dollar"},{"id":"ship:a9aee21a-6e96-49d9-8ef9-24502b33e123","kind":"announcement","at":"2026-10-03T20:16:59.000Z","precision":"EXACT","title":"USG depeg -212 bps","summary":"Active below peg by 212 bps starting 2026-10-03.","recordedAt":"2026-10-03T21:59:55.558Z","discoveryLagHours":1.7,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/usg-tangent/#depeg-history"},{"id":"ship:5d1f20bb-5918-4dbb-9868-6df782e27641","kind":"announcement","at":"2026-10-03T06:30:48.000Z","precision":"EXACT","title":"USDB depeg -129 bps","summary":"Active below peg by 129 bps starting 2026-10-03.","recordedAt":"2026-10-03T10:34:45.600Z","discoveryLagHours":4.1,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/usdb-blast/#depeg-history"},{"id":"ship:a018e226-bd6f-43e7-abcb-fa92ce2b10e0","kind":"announcement","at":"2026-09-30T10:31:50.000Z","precision":"EXACT","title":"apxUSD depeg -112 bps","summary":"Active below peg by 112 bps starting 2026-09-30.","recordedAt":"2026-10-01T00:25:06.542Z","discoveryLagHours":13.9,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/apxusd-apyx/#depeg-history"},{"id":"ship:313ac6a4-27b5-45f7-95ef-108f0d65b9dd","kind":"announcement","at":"2026-09-29T05:02:12.000Z","precision":"EXACT","title":"VCHF depeg +740 bps","summary":"Active above peg by 740 bps starting 2026-09-29.","recordedAt":"2026-09-29T11:03:44.780Z","discoveryLagHours":6,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/vchf-2026-09-29/"},{"id":"ship:026b580a-77d7-45d1-80a4-52967a6412be","kind":"release","at":"2026-09-29T00:00:00.000Z","precision":"DATE","title":"Blacklist Tracker v4.2 — Confirmed Tron transaction ordering","summary":"Resolves same-block Tron state transitions using confirmed block transaction positions, while retaining explicit uncertainty when chain evidence is unavailable. Confirmed Tron block-array positions are persisted separately from transaction-local event indices; neither transaction hashes nor provider event order imply execution order. A bounded, serial maintenance pass repairs both retained and newly ingested conflicting events without rewinding scan cursors. Missing positions keep tron-cross-transaction-order and remain excluded from confirmed active counts. Proved freeze-then-destroy records","recordedAt":"2026-09-29T23:34:48.289Z","discoveryLagHours":23.6,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/blacklist-tracker-changelog/"},{"id":"ship:b6f2324f-e8dc-40bc-8e4c-38d6e5848b81","kind":"announcement","at":"2026-09-28T16:32:19.000Z","precision":"EXACT","title":"VNXAU depeg +180 bps","summary":"Active above peg by 180 bps starting 2026-09-28.","recordedAt":"2026-09-28T23:26:28.698Z","discoveryLagHours":6.9,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/vnxau-vnx/#depeg-history"},{"id":"ship:c0dc5b49-6c5d-4eaa-a751-b9fa215a8823","kind":"release","at":"2026-09-27T00:00:00.000Z","precision":"DATE","title":"Blacklist Tracker v4.1 — Execution-order state and durable malformed-log quarantine","summary":"Orders EVM state transitions by block-global log position and explicitly withholds ambiguous Tron state. Malformed required fields receive three scan observations before durable quarantine. Timestamp, block number, numeric log index, and array suffix replace lexical transaction-hash ordering across state folds, SQL history selection, and ledger rebuilds. Same-block Tron events across transactions do not imply a known order; affected records are excluded from confirmed active counts and reported as tron-cross-transaction-order. Missing or invalid direction bools, address arrays, addresses, and","recordedAt":"2026-09-28T12:09:56.708Z","discoveryLagHours":36.2,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/blacklist-tracker-changelog/"},{"id":"ship:8b5869c8-3f29-4542-960a-232e8d7197b9","kind":"release","at":"2026-09-27T00:00:00.000Z","precision":"DATE","title":"Pricing Pipeline v6.35 — Solayer sUSD Token-2022 NAV pricing","summary":"`susd-solayer` is priced from its on-chain Token-2022 interest-bearing exchange rate after DefiLlama's stablecoins list stopped returning a price for asset 216, CoinGecko kept only a stale thin-market ticker ($12/day, ~16 h old), and the asset's single ~$7.8K-liquidity DEX pool sat below the $50K Jupiter/DEX floors. `worker/src/lib/authoritative-price-sources/susd-solayer.ts` reads the confirmed jsonParsed mint account and its block time in two serial body-consumed Solana RPCs (registry routes, then public fallbacks), validates Token-2022 program ownership, mint type, 6 decimals, and a complet","recordedAt":"2026-09-27T01:28:08.311Z","discoveryLagHours":1.5,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/pricing-pipeline-changelog/"},{"id":"ship:155019d6-cba8-4890-a136-f2a6b7672179","kind":"announcement","at":"2026-09-24T14:01:59.000Z","precision":"EXACT","title":"VCHF depeg +550 bps","summary":"Active above peg by 550 bps starting 2026-09-24.","recordedAt":"2026-09-25T13:59:46.903Z","discoveryLagHours":24,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/vchf-2026-09-24/"},{"id":"ship:f9d0f97f-a737-4e67-90e3-1bb8befbdf51","kind":"release","at":"2026-09-22T18:40:00.000Z","precision":"EXACT","title":"Pricing Pipeline v6.27 — Verified legacy USDv direct-route recovery","summary":"Legacy USDv can recover a missing price from a reviewed Jupiter direct sell quote backed by independently verified Meteora pool state. Only the exact tracked legacy mint, USDC mint and reviewed Meteora pool are eligible; pool identity, enabled state, legacy SPL vaults and active-bin inventory must validate Small and depth sell quotes must agree with each other and on-chain bin price, while Solana slot timestamps and the trusted USDC parent must all remain fresh The quote stays fallback-confidence, non-replay-safe and non-depeg-authoritative in the Meteora source family, with no exemption from","recordedAt":"2026-09-22T23:00:56.240Z","discoveryLagHours":4.3,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/pricing-pipeline-changelog/"},{"id":"ship:6c2936b2-caf8-4d5c-b8b9-a6f2d54aba97","kind":"announcement","at":"2026-09-22T06:16:42.000Z","precision":"EXACT","title":"XAGm depeg +369 bps","summary":"Active above peg by 369 bps starting 2026-09-22.","recordedAt":"2026-09-22T22:30:51.547Z","discoveryLagHours":16.2,"eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/xagm-matrixdock/#depeg-history"},{"id":"ship:965a22c8-9f29-4a75-9be8-1b3bac6407e1","kind":"release","at":"2026-09-21T11:26:40.000Z","precision":"EXACT","title":"Safety Score v9.9 — Clock-bound chain-maturity admissions","summary":"Chain maturity is now an evidence-backed, time-bounded admission rather than a static roster. Every citation carries its captured assertion, independent verification outcome, and reachability state; unresolved sources remain pending. The five chain-maturity gates derive matureChains from the review registry at the fixed capture clock, with a numeric quarterly nextReviewAt and explicit expired state. The 404/non-supporting review queue holds Hyperliquid, Conflux, and the other affected chains outside mature common-mode treatment until evidence is independently remediated. Resolved evaluation cl","recordedAt":"2026-09-22T23:00:56.296Z","discoveryLagHours":35.6,"eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/scoring-changelog/"},{"id":"ship:9373da6d-8938-4dc3-a896-7e326d8d2ea7","kind":"announcement","at":"2026-09-18T02:46:28.000Z","precision":"EXACT","title":"VCHF depeg +633 bps","summary":"Active above peg by 633 bps starting 2026-09-18.","recordedAt":"2026-09-18T11:12:41.815Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/vchf-2026-09-18/"},{"id":"ship:b69e53fd-f8b8-4815-86a0-7c5817e23234","kind":"announcement","at":"2026-09-13T10:16:04.000Z","precision":"EXACT","title":"JPYC depeg -167 bps","summary":"Resolved below peg by 167 bps starting 2026-09-13.","recordedAt":"2026-09-18T11:12:41.842Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/jpyc-jpyc/#depeg-history"},{"id":"ship:43dbc203-c4d3-40ac-aa7d-40f94159e8ea","kind":"announcement","at":"2026-09-10T08:06:04.000Z","precision":"EXACT","title":"USDT Enforcement Concentrates On Tron","summary":"USDT enforcement actions numbered 459 over the last 24 hours, affecting $4.63M, and the five largest all sat on Tron. Two destroy actions carried $2.30M and $1.13M between them, which leaves the other 457 events splitting roughly $1.2M, the biggest a $264.68K blacklist. Value concentrated in one issuer, one chain, and two transactions. USDC moved the other way across horizons: down $79.24M in a single day against +$618.75M over seven, a reversal in velocity. It is still the largest weekly mover at +$446.58M to $74.31B, some 7% below the $79.75B set in April. RLUSD ran the opposite pressure, ne","recordedAt":"2026-09-18T11:12:42.007Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/digest/2026-09-10/"},{"id":"ship:f2179179-6761-4bbd-8f05-85239cc6c123","kind":"announcement","at":"2026-09-07T11:46:30.000Z","precision":"EXACT","title":"EURS depeg +496 bps","summary":"Active above peg by 496 bps starting 2026-09-07.","recordedAt":"2026-09-18T11:12:41.852Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/eurs-stasis/#depeg-history"},{"id":"ship:b9cdd37a-c716-4bf7-8f99-acfc20b413eb","kind":"announcement","at":"2026-09-07T05:16:19.000Z","precision":"EXACT","title":"VCHF depeg +429 bps","summary":"Resolved above peg by 429 bps starting 2026-09-07.","recordedAt":"2026-09-18T11:12:41.860Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/vchf-vnx/#depeg-history"},{"id":"ship:f84342ca-2b4e-4b26-bd64-105728b64928","kind":"announcement","at":"2026-08-27T02:01:29.000Z","precision":"EXACT","title":"GUSD depeg +201 bps","summary":"Resolved above peg by 201 bps starting 2026-08-27.","recordedAt":"2026-09-18T11:12:41.870Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/gusd-gemini/#depeg-history"},{"id":"ship:cb7967f6-4e15-4ddb-a3e2-b2d0d173d66f","kind":"announcement","at":"2026-08-25T22:01:48.000Z","precision":"EXACT","title":"HOLLAR depeg -525 bps","summary":"Active below peg by 525 bps starting 2026-08-25.","recordedAt":"2026-09-18T11:12:41.878Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/hollar-2026-08-25/"},{"id":"ship:ad651915-7430-42d1-9183-15a1ae3cac36","kind":"announcement","at":"2026-08-25T21:16:28.000Z","precision":"EXACT","title":"EURS depeg +536 bps","summary":"Resolved above peg by 536 bps starting 2026-08-25.","recordedAt":"2026-09-18T11:12:41.894Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/eurs-2026-08-25/"},{"id":"ship:982e50d6-7907-4f52-992a-1a4ae0003400","kind":"announcement","at":"2026-08-24T01:01:25.000Z","precision":"EXACT","title":"ZARP depeg -328 bps","summary":"Resolved below peg by 328 bps starting 2026-08-24.","recordedAt":"2026-09-18T11:12:41.904Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/zarp-zarp/#depeg-history"},{"id":"ship:56eba0b3-9e34-4e7d-8b33-1451adbe6935","kind":"announcement","at":"2026-08-22T03:46:47.000Z","precision":"EXACT","title":"MUSD depeg -128 bps","summary":"Active below peg by 128 bps starting 2026-08-22.","recordedAt":"2026-09-18T11:12:41.912Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/meusd-mezo/#depeg-history"},{"id":"ship:acf23a86-e91a-4777-bda2-80187cf27be7","kind":"announcement","at":"2026-08-21T14:33:10.000Z","precision":"EXACT","title":"XAUm depeg -291 bps","summary":"Resolved below peg by 291 bps starting 2026-08-21.","recordedAt":"2026-09-18T11:12:41.923Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/xaum-matrixdock/#depeg-history"},{"id":"ship:6f507f3a-f9e6-464b-a5f9-26c808dabd4a","kind":"announcement","at":"2026-08-21T07:01:49.000Z","precision":"EXACT","title":"USDB depeg +129 bps","summary":"Active above peg by 129 bps starting 2026-08-21.","recordedAt":"2026-09-18T11:12:41.931Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/usdb-blast/#depeg-history"},{"id":"ship:d964fda7-50db-4e44-82fb-cf2303adfae6","kind":"announcement","at":"2026-08-20T05:02:30.000Z","precision":"EXACT","title":"LUSD depeg +130 bps","summary":"Active above peg by 130 bps starting 2026-08-20.","recordedAt":"2026-09-18T11:12:41.945Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/lusd-liquity/#depeg-history"},{"id":"ship:0ff23369-04d9-4071-9bde-e9610c578702","kind":"announcement","at":"2026-08-20T00:17:01.000Z","precision":"EXACT","title":"GUSD depeg +208 bps","summary":"Resolved above peg by 208 bps starting 2026-08-20.","recordedAt":"2026-09-18T11:12:41.966Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/gusd-gemini/#depeg-history"},{"id":"ship:0723b571-0d6f-4892-a804-ba904af334a9","kind":"release","at":"2026-08-20T00:00:00.000Z","precision":"DATE","title":"Liquidity Score v6.0 — Raydium double-count correction and native measured-lane retirement","summary":"DefiLlama Raydium pools are now classified from their pool metadata, collapsing the DefiLlama/direct-API double count of the same physical Solana CLMM pool, and the never-score-eligible Solana and Tron native measured-execution lanes plus the Fluid measured overlay are retired. DefiLlama publishes every Raydium pool under a single `raydium-amm` project label, hiding whether a pool is concentrated (CLMM); cross-source deduplication therefore admitted a DefiLlama Raydium CLMM row and the identical directly fetched pool as two pools, counting the same physical liquidity twice and scoring the Defi","recordedAt":"2026-09-18T11:12:51.761Z","eventType":"API_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/methodology/liquidity-score-changelog/"},{"id":"ship:e0db221a-6a87-418c-a778-fc787bebfa9e","kind":"announcement","at":"2026-08-19T19:47:01.000Z","precision":"EXACT","title":"USDXL depeg +206 bps","summary":"Resolved above peg by 206 bps starting 2026-08-19.","recordedAt":"2026-09-18T11:12:41.975Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/usdxl-last/#depeg-history"},{"id":"ship:b694df2c-916b-4c86-8132-6e20e41ac968","kind":"announcement","at":"2026-08-17T05:31:21.000Z","precision":"EXACT","title":"AUDF depeg -287 bps","summary":"Active below peg by 287 bps starting 2026-08-17.","recordedAt":"2026-09-18T11:12:41.987Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/audf-forte/#depeg-history"},{"id":"ship:61dcbd9f-1e35-4df7-bac0-042f06719897","kind":"announcement","at":"2026-08-14T00:32:14.000Z","precision":"EXACT","title":"XAUm depeg +918 bps","summary":"Resolved above peg by 918 bps starting 2026-08-14.","recordedAt":"2026-09-18T11:12:41.997Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/xaum-2026-08-14/"},{"id":"ship:429a788a-4628-4b5f-9761-97d8054c5240","kind":"announcement","at":"2026-08-12T06:16:39.000Z","precision":"EXACT","title":"EURm depeg +15984 bps","summary":"Resolved above peg by 15984 bps starting 2026-08-12.","recordedAt":"2026-09-18T11:12:42.006Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/eurm-2026-08-12/"},{"id":"ship:a9fad00a-7218-47b9-ba8b-42d32f2fa091","kind":"announcement","at":"2026-08-11T11:16:55.000Z","precision":"EXACT","title":"WBRL depeg -196 bps","summary":"Resolved below peg by 196 bps starting 2026-08-11.","recordedAt":"2026-09-18T11:12:42.017Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/wbrl-ripio/#depeg-history"},{"id":"ship:c684d4b3-5e8a-4a2f-a425-696b83340787","kind":"announcement","at":"2026-08-11T05:46:48.000Z","precision":"EXACT","title":"MUSD depeg -131 bps","summary":"Resolved below peg by 131 bps starting 2026-08-11.","recordedAt":"2026-09-18T11:12:42.030Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/meusd-mezo/#depeg-history"},{"id":"ship:d6187e37-0dea-440c-9ccf-a5b8c0a70e21","kind":"announcement","at":"2026-08-11T02:32:07.000Z","precision":"EXACT","title":"XAUm depeg -199 bps","summary":"Resolved below peg by 199 bps starting 2026-08-11.","recordedAt":"2026-09-18T11:12:42.046Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/xaum-matrixdock/#depeg-history"},{"id":"ship:b758c5cc-a0aa-4e62-bba3-2da09b592f10","kind":"announcement","at":"2026-08-10T21:18:03.000Z","precision":"EXACT","title":"FEUSD depeg +502 bps","summary":"Resolved above peg by 502 bps starting 2026-08-10.","recordedAt":"2026-09-18T11:12:42.064Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/feusd-2026-08-10/"},{"id":"ship:e6b7d6eb-d651-4654-990c-6eea6b470252","kind":"announcement","at":"2026-08-09T02:16:57.000Z","precision":"EXACT","title":"IDRT depeg -249 bps","summary":"Resolved below peg by 249 bps starting 2026-08-09.","recordedAt":"2026-09-18T11:12:42.075Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/idrt-rupiah-token/#depeg-history"},{"id":"ship:ae55d8aa-65d8-41b0-96a0-a78cfc19038c","kind":"announcement","at":"2026-08-08T04:16:41.000Z","precision":"EXACT","title":"AUDM depeg -210 bps","summary":"Resolved below peg by 210 bps starting 2026-08-08.","recordedAt":"2026-09-18T11:12:42.094Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/audm-macropod/#depeg-history"},{"id":"ship:b8c45889-b910-4edb-ba41-444ffe02a0da","kind":"announcement","at":"2026-08-06T21:32:01.000Z","precision":"EXACT","title":"PHT depeg -159 bps","summary":"Resolved below peg by 159 bps starting 2026-08-06.","recordedAt":"2026-09-18T11:12:42.107Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/pht-pht/#depeg-history"},{"id":"ship:63664052-c229-4bc0-b8eb-1dc1f920e3c6","kind":"announcement","at":"2026-08-06T19:31:46.000Z","precision":"EXACT","title":"A7A5 depeg +819779 bps","summary":"Resolved above peg by 819779 bps starting 2026-08-06.","recordedAt":"2026-09-18T11:12:42.118Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/a7a5-2026-08-06/"},{"id":"ship:7e2dd6cf-8bd4-4422-ab7f-d36f1f4f1814","kind":"announcement","at":"2026-08-06T14:32:17.000Z","precision":"EXACT","title":"REUSD depeg -204 bps","summary":"Active below peg by 204 bps starting 2026-08-06.","recordedAt":"2026-09-18T11:12:42.127Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/reusd-resupply/#depeg-history"},{"id":"ship:02be217b-583b-43a8-a5a6-0918ae4b2695","kind":"announcement","at":"2026-08-05T17:46:48.000Z","precision":"EXACT","title":"AUDM depeg -199 bps","summary":"Resolved below peg by 199 bps starting 2026-08-05.","recordedAt":"2026-09-18T11:12:42.138Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/audm-macropod/#depeg-history"},{"id":"ship:4890445d-41f0-42af-9238-ba67ff7feddd","kind":"announcement","at":"2026-08-05T14:16:33.000Z","precision":"EXACT","title":"VNXAU depeg -178 bps","summary":"Active below peg by 178 bps starting 2026-08-05.","recordedAt":"2026-09-18T11:12:42.143Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/vnxau-vnx/#depeg-history"},{"id":"ship:e5e21f2e-cefe-4ba4-a4e9-fdeb62ad4341","kind":"announcement","at":"2026-08-05T12:16:40.000Z","precision":"EXACT","title":"WBRL depeg -231 bps","summary":"Resolved below peg by 231 bps starting 2026-08-05.","recordedAt":"2026-09-18T11:12:42.154Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/wbrl-ripio/#depeg-history"},{"id":"ship:4b422222-67ee-4a39-92d4-16ad6a04ff5b","kind":"announcement","at":"2026-08-05T07:16:49.000Z","precision":"EXACT","title":"A7A5 depeg -281 bps","summary":"Resolved below peg by 281 bps starting 2026-08-05.","recordedAt":"2026-09-18T11:12:42.169Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/a7a5-old-vector/#depeg-history"},{"id":"ship:e570621e-2c46-4f7c-87c3-4fd40ab2712d","kind":"announcement","at":"2026-08-05T06:03:24.000Z","precision":"EXACT","title":"XAUm depeg -1195 bps","summary":"Resolved below peg by 1195 bps starting 2026-08-05.","recordedAt":"2026-09-18T11:12:42.182Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/xaum-2026-08-05/"},{"id":"ship:1af672ab-d877-454c-9362-f93f27b4b37a","kind":"announcement","at":"2026-08-04T04:02:46.000Z","precision":"EXACT","title":"AxCNH depeg -5286 bps","summary":"Resolved below peg by 5286 bps starting 2026-08-04.","recordedAt":"2026-09-18T11:12:42.193Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/axcnh-2026-08-04/"},{"id":"ship:a7c6c1f0-03be-4815-b103-5c54d089675e","kind":"announcement","at":"2026-08-03T02:46:54.000Z","precision":"EXACT","title":"ZARP depeg -244 bps","summary":"Resolved below peg by 244 bps starting 2026-08-03.","recordedAt":"2026-09-18T11:12:42.201Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/zarp-zarp/#depeg-history"},{"id":"ship:8f0ce195-f13f-42e6-bd8e-d49f3b167cbd","kind":"announcement","at":"2026-08-01T14:16:42.000Z","precision":"EXACT","title":"EURS depeg +839 bps","summary":"Resolved above peg by 839 bps starting 2026-08-01.","recordedAt":"2026-09-18T11:12:42.210Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/eurs-2026-08-01/"},{"id":"ship:45b010dd-cacc-4ee9-a820-978f9a30c948","kind":"announcement","at":"2026-07-30T07:17:10.000Z","precision":"EXACT","title":"EURQ depeg -1404 bps","summary":"Resolved below peg by 1404 bps starting 2026-07-30.","recordedAt":"2026-09-18T11:12:42.225Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/eurq-2026-07-30/"},{"id":"ship:158c3211-31ca-4d20-ac2a-f332fff2d423","kind":"announcement","at":"2026-07-29T18:46:36.000Z","precision":"EXACT","title":"KRWQ depeg -194 bps","summary":"Resolved below peg by 194 bps starting 2026-07-29.","recordedAt":"2026-09-18T11:12:42.244Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/krwq-iq/#depeg-history"},{"id":"ship:e508d2df-5123-4708-a5c8-cc1650c9a6b4","kind":"announcement","at":"2026-07-29T00:31:50.000Z","precision":"EXACT","title":"GUSD depeg +244 bps","summary":"Resolved above peg by 244 bps starting 2026-07-29.","recordedAt":"2026-09-18T11:12:42.248Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/gusd-gemini/#depeg-history"},{"id":"ship:8a8d67b7-56ce-406b-a0c0-2a3885d9bd65","kind":"announcement","at":"2026-07-27T22:16:33.000Z","precision":"EXACT","title":"MAI depeg -1917 bps","summary":"Active below peg by 1917 bps starting 2026-07-27.","recordedAt":"2026-09-18T11:12:42.259Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/mai-2026-07-27/"},{"id":"ship:b9a9efba-9681-460a-b24d-0eb52526d36c","kind":"announcement","at":"2026-07-27T05:31:47.000Z","precision":"EXACT","title":"IDRT depeg +159 bps","summary":"Resolved above peg by 159 bps starting 2026-07-27.","recordedAt":"2026-09-18T11:12:42.267Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/idrt-rupiah-token/#depeg-history"},{"id":"ship:8f2c4898-76d0-4b60-9b66-cace934bb101","kind":"announcement","at":"2026-07-26T13:17:32.000Z","precision":"EXACT","title":"AxCNH depeg -222 bps","summary":"Resolved below peg by 222 bps starting 2026-07-26.","recordedAt":"2026-09-18T11:12:42.282Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/axcnh-anchorx/#depeg-history"},{"id":"ship:76133f26-3196-49c2-ba2d-8fcd27669e46","kind":"announcement","at":"2026-07-25T07:17:42.000Z","precision":"EXACT","title":"EURm depeg -541 bps","summary":"Resolved below peg by 541 bps starting 2026-07-25.","recordedAt":"2026-09-18T11:12:42.289Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/eurm-2026-07-25/"},{"id":"ship:50291fc8-137f-4381-bd04-9c1fe7ff5880","kind":"announcement","at":"2026-07-25T01:18:23.000Z","precision":"EXACT","title":"PHT depeg -162 bps","summary":"Resolved below peg by 162 bps starting 2026-07-25.","recordedAt":"2026-09-18T11:12:42.297Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/pht-pht/#depeg-history"},{"id":"ship:eb7b4a01-f284-4acb-b786-f6520ca43725","kind":"announcement","at":"2026-07-23T12:33:48.000Z","precision":"EXACT","title":"FRAX depeg -120 bps","summary":"Active below peg by 120 bps starting 2026-07-23.","recordedAt":"2026-09-18T11:12:42.306Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/frax-frax/#depeg-history"},{"id":"ship:7f6f40f6-56e2-4e69-89b8-5e84f8a78717","kind":"announcement","at":"2026-07-23T11:05:00.000Z","precision":"EXACT","title":"MSUSD depeg -5561 bps","summary":"Active below peg by 5561 bps starting 2026-07-23.","recordedAt":"2026-09-18T11:12:42.313Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/msusd-2026-07-23/"},{"id":"ship:7cadb53b-27d3-4640-b4d5-0ab8145433bb","kind":"announcement","at":"2026-07-21T20:48:14.000Z","precision":"EXACT","title":"avUSD depeg +535 bps","summary":"Resolved above peg by 535 bps starting 2026-07-21.","recordedAt":"2026-09-18T11:12:42.324Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/avusd-2026-07-21/"},{"id":"ship:36a32f47-7e0f-4c8e-b1b7-186e01815c2e","kind":"release","at":"2026-07-21T00:00:00.000Z","precision":"DATE","title":"Pharos at Six Months: The Lighthouse Is Lit","summary":"Six months ago, Pharos was a side project. Now it forecasts depeg duration, has 89.1% recovery-call accuracy across 46 events, and seeks to run Curve risk.","recordedAt":"2026-09-18T11:12:51.649Z","eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"blog_article","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/blog/pharos-at-six-months/"},{"id":"ship:5f99861a-11dd-4edc-b310-f06839467f12","kind":"announcement","at":"2026-07-20T01:18:54.000Z","precision":"EXACT","title":"XAUm depeg -1595 bps","summary":"Resolved below peg by 1595 bps starting 2026-07-20.","recordedAt":"2026-09-18T11:12:42.338Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/xaum-2026-07-20/"},{"id":"ship:cec3945c-09ff-4b28-8f55-d202527488ae","kind":"announcement","at":"2026-07-19T07:33:21.000Z","precision":"EXACT","title":"ZARP depeg -304 bps","summary":"Resolved below peg by 304 bps starting 2026-07-19.","recordedAt":"2026-09-18T11:12:42.347Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/zarp-zarp/#depeg-history"},{"id":"ship:82329b2a-1959-4fca-b16c-a7b896fe5ebc","kind":"announcement","at":"2026-07-17T14:33:27.000Z","precision":"EXACT","title":"MUSD depeg -101 bps","summary":"Resolved below peg by 101 bps starting 2026-07-17.","recordedAt":"2026-09-18T11:12:42.366Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/meusd-mezo/#depeg-history"},{"id":"ship:72d2a4b5-963f-409d-9408-6848f1d217e6","kind":"announcement","at":"2026-07-16T09:04:30.000Z","precision":"EXACT","title":"USDX depeg -3400 bps","summary":"Active below peg by 3400 bps starting 2026-07-16.","recordedAt":"2026-09-18T11:12:42.386Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/depeg/usdx-2026-07-16/"},{"id":"ship:e5a4b13a-28a2-44f0-b0c9-e87a8ed50227","kind":"announcement","at":"2026-07-15T15:18:47.000Z","precision":"EXACT","title":"BRLA depeg +160 bps","summary":"Resolved above peg by 160 bps starting 2026-07-15.","recordedAt":"2026-09-18T11:12:42.402Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"data_feed","contextWords":"Recorded, not counted: it came from a feed that publishes data or other projects’ releases, not this project’s own releases.","source":"https://pharos.watch/stablecoin/brla-brla-digital/#depeg-history"},{"id":"ship:70d4a741-dcc3-492e-9045-2c6ba1798df1","kind":"announcement","at":"2026-05-14T00:00:00.000Z","precision":"DATE","title":"USDH Stablecoin (USDH) — abandoned","summary":"A Hyperliquid native made way for USDC Native Markets and Bridge announced USDH's sunset in May 2026 as Hyperliquid markets migrated to USDC. New issuance ended except to support migration liquidity; the USDH dashboard was scheduled to close on July 17, while Bridge continued USDH-to-USDC and fiat redemption for onboarded holders. USDH remained fully backed during the transition, but its role as an active stablecoin product ended, so Pharos freezes it as an archived migration asset.","recordedAt":"2026-09-18T11:12:51.292Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/cemetery/#usdh-native-markets"},{"id":"ship:8e553e72-dc8a-4433-9c8f-5f823cf9e604","kind":"release","at":"2026-05-01T00:00:00.000Z","precision":"DATE","title":"Hubble USDH (USDH) — abandoned","summary":"First Solana CDP, last one standing Hubble Protocol launched USDH in 2022 as one of the earliest Solana CDP stablecoins, peaking near $14M. By May 2026 CoinGecko reports a $0 market cap, on-DEX volume has collapsed, and the redemption pool no longer offers a credible exit. The asset is treated as wound down; future coverage scans should skip it. Symbol collides with Native Markets USDH (tracked) and Hermetica USDH (tracked).","recordedAt":"2026-09-18T11:12:51.301Z","eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/cemetery/#usdh-hubble-2026-05"},{"id":"ship:0247a9f6-6194-4993-9202-65aa6f948c6d","kind":"release","at":"2025-08-01T00:00:00.000Z","precision":"DATE","title":"JUST USDJ (USDJ) — abandoned","summary":"Replaced by decree TRON's legacy decentralized stablecoin was deliberately sunset as the ecosystem shifted to USDD. CDP functions ended August 2025, and 95% of supply was redeemed at a fixed rate of 1 USDJ = 1.5532 TRX.","recordedAt":"2026-09-18T11:12:51.423Z","eventType":"FEATURE_RELEASE","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/cemetery/#usdj-just-usdj-2025-08"},{"id":"ship:de6140e0-f983-493f-8f67-e25e5785a532","kind":"announcement","at":"2025-06-01T00:00:00.000Z","precision":"DATE","title":"Move Dollar (MOD) — liquidity-drain","summary":"USDC came to Aptos Thala Labs' stablecoin on Aptos declined from $19M to near zero. Despite a $25.5M exploit in Nov 2024 (funds recovered), MOD simply failed to compete as USDT/USDC expanded on Aptos.","recordedAt":"2026-09-18T11:12:51.444Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/cemetery/#mod-move-dollar-2025-06"},{"id":"ship:96809f18-0fc2-4773-8f97-c2c0d7088b96","kind":"announcement","at":"2025-06-01T00:00:00.000Z","precision":"DATE","title":"GMO ZUSD (ZUSD) — liquidity-drain","summary":"Zero users, zero supply GMO Trust's NYDFS-regulated stablecoin failed to gain market share despite expansions to Solana and Bitstamp listing. Supply dwindled to essentially zero while GMO's JPY stablecoin (GYEN) continues.","recordedAt":"2026-09-18T11:12:51.448Z","eventType":"ANNOUNCEMENT","verification":"SOURCE_LINKED","countsAsBuilding":false,"contextReason":"other_chain_entry","contextWords":"Recorded, not counted: HEY keeps it on record as context, not as this project’s building.","source":"https://pharos.watch/cemetery/#zusd-gmo-zusd-2025-06"}],"totals":{"ships":80,"contractSource":0,"locks":0,"resumed":0,"marketIntegrity":0,"verification":0},"total":80,"truncated":false,"nextCursor":null,"disclaimer":"Public, source-backed activity HEY recorded. Still Building means verified activity through a tracked market drawdown — it is not a prediction, not a ranking by price, and not investment advice. Few projects meet Still Building or Under the Radar at any time; both are strict by design, and list responses carry the counts."}