Stablecoin depeg >2% on shared-LP venue

Evidence summary #

Cat 6B exploit-in-progress signal (T-09 v1 launch signal). USDC and USDT stable at peg as of 2026-05-16. Meteora DLMM pools pair USDC/USDT/USDS as paired assets; a major stablecoin depeg would cause LP pool imbalance (indirect exposure), not a collateral-failure cascade. DAMM v1 Dynamic Vaults interface with Solend, Francium (which use Pyth/Switchboard oracles internally). Meteora is not a lending protocol; stablecoin depeg exposure is via LP value erosion, not collateral-model insolvency. No active depeg event. Signal would require Solana-specific depeg detection (Pyth/Switchboard feed monitoring) for meaningful implementation.

Sources #

Methodology #

Detect whether a stablecoin in this protocol's dependency graph depegs >2% on a venue with shared liquidity.

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