Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
Crash · May 9, 2022
UST loses its peg
Terra's stablecoin collapses, taking LUNA with it.
No price shown: our sourced price data for Terra Luna Classic does not cover May 9, 2022.
UST slipped below one dollar on May 9, 2022 and kept falling. Within days LUNA's supply exploded and its price fell by more than 99.9 percent. Our LUNC price data starts later.
Part of Terra Luna Classic in 2022 · full Terra Luna Classic timeline · Terra Luna Classic hub
Updated
Sources
Facts written in our own words. Last checked Oct 14, 2026.