Live Peg Surveillance
Stablecoin Peg Monitor
Real-time peg status for USDT, USDC, DAI, and 40+ USD stablecoins. Spot depegs the moment they happen.
Quick answer: A stablecoin is considered stable within ±0.3% of $1, drifting at ±0.3–1%, under stress at ±1–5%, and depegged beyond ±5%. This dashboard computes live deviation for the top USD stablecoins by market cap.
Total Stablecoin Market Cap
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24h Volume
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Coins Off Peg (>0.3%)
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| # | Stablecoin | Price | Peg Deviation | Status | Market Cap | Volume 24h |
|---|---|---|---|---|---|---|
Understanding Peg Deviation
- ±0.00–0.30%: normal market noise — arbitrage keeps the peg tight.
- ±0.30–1.00%: minor drift — common during volatile markets or low liquidity.
- ±1.00–5.00%: stress — watch reserves, redemptions, and news closely.
- Beyond ±5%: depeg event — historically often unrecoverable for algorithmic designs (UST 2022), though collateralized coins have recovered (USDC, March 2023).
Frequently Asked Questions
Why is USDT never exactly $1.0000?
Prices float on open markets. Arbitrageurs mint/redeem to pull the price back toward $1, but tiny deviations always exist.
What backs the major stablecoins?
USDT and USDC hold cash and short-term US Treasuries; DAI is overcollateralized by crypto; USDe uses a delta-hedged derivative strategy. Backing model determines depeg risk.
How often does this update?
Every page load, with a manual refresh button. Data comes from exchange-aggregated live prices.
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Disclaimer: Peg data is derived from live aggregated market prices and is informational only. Stablecoins carry issuer, reserve, and smart-contract risk — a "Stable" status is not a guarantee of safety.