PegCheck — Real – Early warning system for stablecoin risk

Summary: PegCheck provides real-time monitoring of stablecoin peg prices and health metrics, offering instant alerts on depegging events. It aggregates live data from multiple sources to track price stability, collateral, and reserve transparency for major stablecoins, helping users detect risks promptly.

What it does

PegCheck tracks eight stablecoins by collecting price data every 60 seconds from five independent sources and calculates a median price to filter out anomalies. It displays price history, collateral ratios, reserve audit scores, and transparency ratings, while monitoring large on-chain transactions to identify unusual fund movements.

Who it's for

It is designed for stablecoin holders and investors who need real-time insights and alerts on stablecoin peg deviations and reserve health.

Why it matters

PegCheck addresses the lack of accessible, real-time tools to detect stablecoin depegging and reserve risks, providing critical early warnings to prevent sudden losses.