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Audit ledger/472991de

PYUSD

DEPEG→DRIFT·stable_fiat·conf high

Detected Fri, 26 Jun 2026 15:28:22 GMT

Methodology

Version
v0.4.0source
Git SHA
56ef7ac7048e1733a3e86f16dc0631356d9cf62d
Assets snapshot
snapshot: 8d4a99a

Changes when assets.toml is edited. Does not change methodology behavior.

Receipt sha256
ed271292f9f31985fab83d6c7ba3c45a2288f8ecfb110623738ceba92430c951

Computed

Discount
-13 bps
Final state
DRIFT
Confidence
high
Intrinsic / Market
1.000000000000000000 / 0.999995648428660000
Full computed JSON
{
  "confidence_label": "high",
  "discount_raw": "0.00000435157134",
  "discount_smooth": "-0.0013214113535163460919535854",
  "final_state": "DRIFT"
}

Inputs (frozen)

These are the exact inputs the methodology saw at decision time. Pyth quotes, intrinsic snapshots, EWMA prior, threshold map — all serialized into the receipt for deterministic replay.

Show inputs JSON
{
  "alpha": "0.3",
  "asset": "PYUSD",
  "candidate_since": "2026-06-26T15:26:20.088932764Z",
  "candidate_state": "DRIFT",
  "class": "stable_fiat",
  "confirm_up_secs": 30,
  "decay_down_secs": 120,
  "ewma_prev": "-0.0018895954641690658456479792",
  "hyusd_cr": "1.4794550028552067401284813389",
  "intrinsic_sol": null,
  "intrinsic_usd": "1",
  "market_sol": null,
  "market_usd": "0.99999564842866",
  "now": "2026-06-26T15:28:22.556708325Z",
  "previous_state": "DEPEG",
  "pyth_entries": {
    "USDC/USD": {
      "confidence": "0.00055056",
      "price": "0.99974971",
      "publish_time": "2026-06-26T15:28:20Z"
    }
  },
  "threshold_kind": "bps",
  "thresholds": {
    "critical": 200,
    "depeg": 50,
    "drift": 15
  }
}

Replay this alert

Install the verifier from releases.pegana.xyz and check this receipt against the open-source methodology crate.

curl --proto '=https' --tlsv1.2 -LsSf \
  https://releases.pegana.xyz/pegana-replay-installer.sh | sh
pegana-replay --alert-id 472991de-c1f2-493e-8b8e-83cfe5d98650
Download replay bundleHow to verify

Or verify right here — no install needed. This button re-fetches the replay bundle and recomputes the receipt hash in your browser using the same algorithm as the CLI.

On-chain commitment

Not anchored. On-chain SPL Memo commitment is cost-gated to high-severity transitions only — DEPEG, CRITICAL, and BLACK_SWAN — because each commit costs ~5,000 lamports and the operator wallet runs lean. The receipt is still cryptographically verifiable offline via the inputs above.

Pegana is a verifiable computation log for peg-state decisions. It is not SOC 2 compliance, not a regulatory audit, and not financial advice.

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