Stablecoin depeg alerts
What is a stablecoin depeg?
A stablecoin is a crypto asset designed to hold a fixed value — exactly $1.00 by design. The three most widely used are USDT (Tether), USDC (Circle), and DAI. When any of them trades meaningfully away from $1 — even by half a percent — it is called a depeg or peg break.
Depegs happen for different reasons: a reserve audit scare, a liquidity crunch, a large panic sell, or a systemic failure in the backing mechanism (as seen in the 2023 USDC depeg when Silicon Valley Bank collapsed). A move under Darkmen's 0.5% threshold is noise the module ignores; anything past it gets flagged.
What Darkmen tracks
Darkmen monitors USDT, USDC, and DAI against Coinbase spot price and fires an alert the moment one of them moves more than 0.5% away from $1. Each alert tells you:
- Which stablecoin is showing the deviation, priced against Coinbase spot
- Current price and the size of the deviation off the $1 peg
- Direction — whether it broke above or below the peg
The goal is to give you structured data the moment it matters — not a tweet summary ten minutes later.
How the alert works
When Darkmen detects a deviation past 0.5%, it pushes a structured alert to every channel you have enabled. The alert states the stablecoin, the direction of the break, and the size of the deviation — what you do with that information, whether that means reviewing LP exposure or checking other venues yourself, is your call to make.
⚠️ USDC at $0.9870 — 1.30% below $1 (source: coinbase)
Tier & channels
Stablecoin depeg alerts are a Pro-tier feature. Pro gives you real-time depeg monitoring across multiple stablecoins.
Alerts reach you on every channel you connect:
- Telegram — direct message to your bot
- Web — live feed in your dashboard
See full tier details on the pricing page.
FAQ
What is a stablecoin depeg alert?
An instant notification sent the moment a major stablecoin — USDC, USDT, or DAI — trades more than 0.5% away from $1.00, based on Coinbase spot price.
How fast does Darkmen detect a depeg?
Darkmen checks Coinbase spot price every 30 seconds, so a deviation crossing the 0.5% threshold is caught within that window.
Which stablecoins does Darkmen monitor?
USDC, USDT, and DAI, priced against Coinbase spot. More stablecoins can be added as the module grows.
Is the stablecoin depeg module free?
No — it is a Pro-tier feature. Real-time multi-stablecoin monitoring requires Pro.
What information does a depeg alert contain?
Which stablecoin, its current price against Coinbase spot, the size of the deviation in percent, and which direction it broke — above or below $1.