Stablecoin Depeg Monitoring
Set thresholds, watch the right pages, and know the difference between a wobble and a break.
By AyeWatch Team3 min read
Short answer: Stablecoin depeg monitoring means watching the market price against the peg and the issuer's public status page, with a threshold that separates normal wobble from a real break. Use a price feed for the number and a page or topic monitor for the issuer's statement and the news.
AyeWatch is an AI monitor for public pages and topics. It watches issuer status pages and stablecoin news topics and sends a summary when something changes.
Set the threshold
A few basis points is normal market noise. A break below 0.99 or above 1.01 for a sustained period is a signal. Set the threshold by the stablecoin's history, not by a generic rule.
Alert on the duration as well as the level. A one-minute wick is different from an hour below peg.
Watch the issuer
Tether, Circle, and other issuers publish status pages, attestations, and blog posts. A depeg often comes with an issuer statement, a redemption update, or a chain pause. Watch those pages.
The issuer's own words are the primary source.
Watch the market
Curve pools, DefiLlama, and major exchanges show the live price. A price feed is faster than a page monitor. Use the feed for the threshold and the monitor for the explanation.
Check the price on more than one venue. A single pool can be skewed.
What to do
Do not panic-trade on a wick. Check the issuer, the redemption window, and the collateral. If you hold the stablecoin in a lending market, check the liquidation threshold. If you provide liquidity, check the pool balance.
The stablecoin depeg alerts guide covers the risk framework.
Cost
AyeWatch Pro is $9/mo with 50 topics and hourly checks; Pro+ is $19/mo with 200 topics and ASAP mode. Every plan starts with a 7-day free trial.
| Signal | Source | Speed |
|---|---|---|
| Price below peg | Price feed | Seconds |
| Issuer statement | Status page | Minutes |
| Redemption update | Issuer blog | Hours |
| Chain pause | Explorer or issuer | Minutes |
Start a monitor in under a minute
Describe a topic or paste a URL. Cancel before the trial ends and you pay nothing.
Try it free for 7 daysThe bottom line
Set the threshold and the duration. Watch the issuer and two price venues. Decide the response before the next wobble.
FAQ
How do I monitor a stablecoin depeg?
Watch the price against the peg with a threshold, and watch the issuer's status page and news for the explanation.
What is a normal wobble?
A few basis points for a short period. A sustained break below 0.99 or above 1.01 is a signal.
Is one exchange price enough?
No. Check more than one venue, because a single pool can be skewed.
How much does it cost?
AyeWatch starts at $9/mo after a 7-day trial. Pro includes 50 topics and hourly checks.