Stablecoin depeg >2% on shared-LP venue

Orca's assessment for RD-F-104 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Stablecoin depeg >2% on shared-LP venue. Orca is a DEX with stable pool pairs (USDC, USDT, others). Orca does not hold stablecoin collateral internally — pool LPs bear individual depeg risk. No major stablecoin depeg active as of 2026-05-16. USDC and USDT maintain pegs. Signal not firing. Note: Orca's DEX-only architecture means the signal has lower severity than for lending protocols with direct collateral dependency.

Sources #

Internal
Orca profile — pure DEX, no lending collateral00-profile.md §5: fork lineage note — 'Orca is a pure DEX (no lending, no borrowing)'; 00-data-cache.json sources.borrow.present=falseretrieved 2026-05-16
URL
DefiLlama stablecoin peg monitor — USDC/USDT at peg 2026-05-16https://defillama.com/stablecoinsretrieved 2026-05-16

Methodology #

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

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol orca factor RD-F-104 score green collected_at 2026-05-16 02:39:16