Historical Depeg Events

Notable stablecoin depeg events with detailed analysis and charts

Total Events
6
Tokens Affected
5
Years Covered
2020–2026

sUSD — Synthetix depeg

sUSD•eth
Severe
Date
Jan 29, 2026
Duration
2d

sUSD depegged to ~$0.75; ~25% deviation from peg. Detected by Depeg Monitor.

2026-01-29 → 2026-01-30View Analysis →

USDT — Curve pool imbalance

USDT•eth
Moderate
Date
Jul 14, 2023
Duration
3d

Liquidity imbalance; mild price move.

2023-07-14 → 2023-07-16View Analysis →

USDC — SVB banking crisis

USDC•eth
Severe
Date
Mar 10, 2023
Duration
2d

Circle reserves exposure to SVB; deep depeg and recovery.

2023-03-10 → 2023-03-13View Analysis →

USDT — Celsius/3AC contagion

USDT•eth
Moderate
Date
Jun 15, 2022
Duration
3d

Contagion fear; short-lived depeg.

2022-06-15 → 2022-06-18View Analysis →

UST — death spiral

UST•eth
Critical
Date
May 8, 2022
Duration
5d

Terra/UST collapse; persistent deviation to zero.

2022-05-08 → 2022-05-12View Analysis →

DAI — Black Thursday

DAI•eth
Notable
Date
Mar 12, 2020
Duration
2d

ETH crash; DAI positive depeg; liquidation issues.

2020-03-12 → 2020-03-13View Analysis →