{"uid":"cap_j8XN4TlFU5Q-3mJgSoXRX","slug":"tenjin-stablecoin-depeg-playbook-617f30f8","name":"Tenjin Stablecoin Depeg Playbook","description":"A source-linked stablecoin depeg response checklist for agents, wallets, protocols, and treasury systems: when to pause routing, when to cap collateral, and how to avoid confusing NAV wrappers with broken payment pegs.","url":"https://tenjin.blog/api/read/onchain-notes/stablecoin-depeg-playbook-what-agents-should-pause-first","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"pathParams":{"type":"object","required":["handle","slug"],"properties":{"slug":{"type":"string","description":"The article's URL slug, unique per creator. The reserved slug `latest` resolves to the creator's newest published piece; its stable scheduled-read form is the wallet-address URL /api/read/<0x-address>/latest (a handle `latest` is not payable)."},"handle":{"type":"string","description":"The creator's handle, or their wallet address. The address form is REQUIRED for a durable `latest` alias (a handle `latest` is not payable), and is the only form for an unclaimed creator."}}},"queryParams":{"type":"object","required":[],"properties":{},"additionalProperties":false}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object"}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.1","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.1/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.1","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.1","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_zVJzjvgyjSRCH4WLIxpcV","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.1","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns a source-linked checklist for agents, wallets, protocols, and treasury systems on how to respond to stablecoin depeg events — including when to pause routing, cap collateral, and distinguish NAV wrappers from broken payment pegs.","exampleAgentPrompt":"Pull the stablecoin depeg playbook from Tenjin — I need to know when my agent should pause routing and when to cap collateral if a peg breaks, and how to tell the difference between a NAV wrapper issue and a real payment peg failure.","exampleUseCases":[{"title":"DeFi protocol depeg incident response","prompt":"We're seeing unusual price movement on USDC — pull the Tenjin depeg playbook so I know exactly which actions our protocol should take first, including whether to pause routing or cap collateral exposure."},{"title":"Treasury system collateral risk review","prompt":"My treasury system holds multiple stablecoins as collateral — get me the Tenjin stablecoin depeg checklist so I can figure out at what point I should be capping exposure and what signals to watch for."},{"title":"Agent wallet peg monitoring setup","prompt":"I'm building an agent wallet that routes payments through stablecoins — fetch the Tenjin depeg playbook so I understand how to distinguish a broken payment peg from a NAV wrapper issue before I configure any automatic pauses."}],"resultDescription":"A structured, source-linked article containing a prioritized depeg response checklist covering: criteria for pausing stablecoin routing, thresholds for capping collateral, and a framework distinguishing NAV wrapper fluctuations from genuine payment peg failures — targeted at agents, wallets, DeFi protocols, and treasury systems.","failureModes":["Invalid or missing handle/slug returns a 404 or error response","Payment of 0.1 USDC via x402 not completed results in 402 Payment Required","Slug 'latest' used with a handle (not wallet address) is not payable and may fail","Article may have been unpublished or moved, causing a stale slug to return not found","Network latency or tenjin.blog downtime may cause request timeout"],"whenToPreferThis":"Choose this endpoint when an agent, protocol, or treasury system needs actionable, source-backed guidance specifically on stablecoin depeg response — especially when differentiating NAV wrapper behavior from payment peg failure. Prefer this over generic DeFi news endpoints when the goal is structured decision-making criteria rather than raw price data or market news.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-16T00:46:35.199Z","isFirstParty":false}