Molybdenum dichalcogenides (MoS₂) are promising non-noble alternatives to replace platinum (Pt) for Hydrogen Evolution Reaction (HER) electrocatalysis in Proton Exchange Membrane Water Electrolyzers (PEMWE). The knowledge acquired on this class of catalyst for hydrodesulfurization (HDS) reactions has enabled significant advances in designing active MoS₂ for HER. However, the stability of MoS₂ in the dynamic operating conditions of a PEMWE coupled to renewable energy sources is often overlooked in the literature and is the focus of the present work. Herein, using nano slabs of 2H MoS₂ supported on high surface area carbon, we dynamically monitored Mo dissolution trends both under HER conditions and at more anodic potentials to mimic start-ups and shut-downs of a PEMWE device. We report minimal Mo dissolution under HER conditions but it continuously increased with higher electrode potentials. In particular, Mo dissolution peaked during the irreversible oxidation from Mo(IV) to Mo(VI) starting at E = 0.7 VRHE which in turn fully annihilates HER activity. Since no change in Mo and S surface composition was observed, the decline in HER activity was attributed to the continuous exfoliation of the 2D MoS₂ stacked layers induced by oxidation/dissolution of Mo. Additionally, our findings indicate that Mo cations can redeposit onto the cathode catalytic layer, forming a Mo blue film primarily composed of Mo(VI) species. This redeposition hampers HER performance by blocking catalytic sites and diminishing the catalyst's overall efficiency. These insights demonstrate the need to avoid excursions above E = 0.6 VRHE for the safe use of MoS₂ cathode catalyst in PEMWE