> open stablecoin/ust
TerraUSD
Algorithmic stablecoin from the Terra ecosystem. SOG treats UST as failed after the May 2022 collapse event and records USTC as part of the lifecycle history, not as a recovered peg.
Statusfailed
Evidence1
| Symbol | UST |
|---|---|
| Status | failed |
| Peg asset | USD |
| Collateral model | algorithmic |
| Issuer | Terraform Labs |
| Reserve disclosure | unavailable |
| Redemption status | unavailable |
| Launch date | 2020-09-01 |
| Discontinued date | 2022-05-12 |
| Confidence | medium |
| Last verified | 2026-06-01 |
Issuer dossier
Terraform Labs · company · unknown
Reserve reports
0 seed reserve disclosure reference(s) linked to this record.
Known unknowns
1 visible uncertainty item(s) kept for later review.
| Date | Event | Type | Impact | Recovered | Mechanism |
|---|---|---|---|---|---|
| 2022-05-09 | TerraUSD collapse | collapse | critical | no | algorithmic_death_spiral |
| Date | Publisher | Type | Asset categories | Confidence |
|---|---|---|---|---|
| No reserve report records yet. | ||||
| Source | Publisher | Type | Claim scope | Reliability |
|---|---|---|---|---|
| Terra documentation and ecosystem reference | Terra | database_reference | entity | medium |
| Topic | Description | Severity | Last checked |
|---|---|---|---|
| collapse_timeline | UST collapse timeline requires deeper event sequencing and multiple external sources before detailed timeline display. | high | 2026-06-01 |
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