The existing device uses the schematic shown below. I find it unusual that the EN pin is pulled to OUT. In this design, however, the EN pin is mechanically grounded elsewhere in the circuit.
What I see on an oscilloscope when input USB5V is applied is more surprising:
Sorry for the Russian text in the image. The trace of interest is on CH2 (Blue, 0.5 V/div) with a timebase of 5 ms/div. The signal on CH1 (Yellow) is not relevant here.
Here we see stable oscillations of 5V at approximately 0.8V with a period of 10ms. I assume the UP7534 power switch has failed, as no 5V loads were connected during this measurement.
My question is what physical principles could explain this beautiful oscillatory behavior?



