Skip to content
Peg Risk Brief

Is USD* depegged?

Pegana cannot currently answer for USD*: one or more inputs are missing or failed a sanity check, so the state is reported as Unknown rather than guessed. Perena USD Star (USD*) last traded at - against an intrinsic value of $1.0868, as of .

USD* is a yield-bearing stable asset. It accrues value over time, so it is expected to trade above $1.00. A premium is the mechanism working, and a sustained discount is the signal that matters. Pegana computes USD*’s intrinsic value from its peg mechanism and compares it against the best executable market quote. The spread is smoothed, classified against USD*’s own calibrated thresholds with hysteresis, and every state change emits a public receipt that anyone can re-derive byte-for-byte with the open-source methodology crate.

Last verified Aug 14, 2026, 23:48 UTC
USD* peg state · Pegana