Demo on a mainnet fork: the real Upside program, the real Voltr and Phoenix programs, live Phoenix prices; only the USDC is test money. Nothing here is real money. What that means
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Transparency

dGOLDLive· stale

What backs the token, where the keeper’s lines are, and every action it has taken. Read straight from the keeper’s own records.

Last snapshot 24 min ago
Stale data Last crank 24 min ago while the external index is live. Prices shown here may lag the market. Mint and redeem quotes come from the vault at execution time, not from this page.
Leverage bandin band
Leverage 1.94xband 1.8–2.3x · hard delever 2.6x
1.94x
dGOLD realised leverage 1.94x; realised leverage = notional ÷ NAV; the keeper rebalances outside the band
1.80x2.00x2.30x2.60x
Venue equity / notionalbetween floor and ceiling
Margin 25.8% of notionalfloor 17.9% · target 25% · ceiling 32.1%
25.8%
dGOLD equity / notional 25.8%; venue equity ÷ notional; top-up below the floor, withdraw above the ceiling, liquidation at the venue's maintenance
17.9%25%32.1%17.9%

Action ladder

At what underlying move does each keeper action fire, from the latest snapshot and this token's policy.

external index
−20%
−13%
−7%
+7%
+13%
+20%
$4,074
$4,167
$4,518
$4,564
$4,682
$5,276
$4,278.40
If the price falls
  1. Band edge 1.80x−2.6% · $4,167.16
    Rebalance up to target (external session only)
  2. Margin ceiling 32.1% of notional−4.8% · $4,073.89
    Withdraw excess collateral to idle
If the price rises
  1. Band edge 2.30x+5.6% · $4,517.99
    Rebalance down to target (any hour)
  2. Margin floor 17.9% of notional+6.7% · $4,564.20
    Top up collateral from idle
  3. Hard delever 2.60x+9.4% · $4,681.85
    Emergency delever to target, market order
  4. Liquidation (est.)+23.3% · $5,275.70
    Phoenix liquidates the account; the stop and top-ups sit well before this

Computed from realised leverage 1.941x and venue equity at 25.8% of notional at mark $4,278.40, holding everything else fixed. Margin distances follow this token's own policy: lower tiers post more collateral, so a 2x token has further to fall than a 3x one (D27). Liquidation is where equity reaches the 2.0% maintenance margin Phoenix requires on notional (registry value, Q13); the on-chain stop and the keeper's top-ups are designed to act well before it. Estimates for reading, not for trading.

Leverage over time

Realised leverage against the band, the target and the hard-delever line. Markers are keeper actions; hover for reason, before/after and fill.

Realised leverageBand 1.8x2.3xHard delever 2.6xRebalanceEmergency delever

Margin over time

Venue equity (collateral plus unrealised PnL) as a share of notional, against the floor, target and ceiling. Distances do not depend on leverage. Top-ups and withdrawals are the keeper's margin loop; the stop is refreshed after every rebalance.

Venue equity / notionalFloor 17.9% – ceiling 32.1%Top-upWithdraw excessStop set

Buffers and capacity

Idle USDC pays instant redemptions and Jupiter sells; collateral sits at Phoenix; the cap bounds TVL against Phoenix depth.

Idle USDC in vault2,500 of 4,997 USDC · 50.0%
Collateral at Phoenix (share of NAV)2,497 USDC · equity 25.8% of notional
Pending redemptionsnone
Cap used$4,996.55 of $250.0K
LP supply
5,000 dGOLD
Token price
0.999310 USDC
Unrealised PnL
4.71 USDC
Funding (annualised)

Session

How the underlying is being priced right now.

external indexExternal index live

The underlying exchange is open. Phoenix marks track the external index, and the keeper cranks NAV every 20–30 s. Expansion and defensive rebalances both run.

Mark
$4,278.40
Index
$4,276.50
Pool price
no pool
Premium to NAV
Realised vs target
1.941x / 2.0x

Keeper liveness

Heartbeats, halted flag and per-loop status. Two keepers on different RPCs are the target.

  • keeper-stagingv0.1.0 · surfpool#0 · heartbeat 3 s ago
    stream dGOLD:band dGOLD:stop dGOLD:tick ✗ 1dMSTR:band dMSTR:stop dMSTR:tick uGOLD:band uGOLD:stop uGOLD:tick ✗ 1uMSTR:band uMSTR:stop uMSTR:tick dGOLD:crank dGOLD:guard dMSTR:crank ✗ 3dMSTR:guard dUS100:band dUS100:stop dUS100:tick dUS500:band dUS500:stop dUS500:tick uGOLD:crank uGOLD:guard uMSTR:crank ✗ 3uMSTR:guard uUS100:band uUS100:stop uUS100:tick uUS500:band uUS500:stop uUS500:tick dGOLD:inflow dGOLD:margin dGOLD:redeem dMSTR:inflow dMSTR:margin dMSTR:redeem dUS100:crank ✗ 3dUS100:guard dUS500:crank ✗ 3dUS500:guard dWTIOIL:band dWTIOIL:stop dWTIOIL:tick uGOLD:inflow uGOLD:margin uGOLD:redeem uMSTR:inflow uMSTR:margin uMSTR:redeem uUS100:crank ✗ 3uUS100:guard uUS500:crank ✗ 3uUS500:guard uWTIOIL:band uWTIOIL:stop uWTIOIL:tick dGOLD:harvest dMSTR:harvest ✗ 1dUS100:inflow dUS100:margin dUS100:redeem dUS500:inflow dUS500:margin dUS500:redeem dWTIOIL:crank ✗ 3dWTIOIL:guard uGOLD:harvest uMSTR:harvest ✗ 1uUS100:inflow uUS100:margin uUS100:redeem uUS500:inflow uUS500:margin uUS500:redeem uWTIOIL:crank ✗ 3uWTIOIL:guard dUS100:harvest ✗ 1dUS500:harvest ✗ 1dWTIOIL:inflow dWTIOIL:margin dWTIOIL:redeem uUS100:harvest ✗ 1uUS500:harvest ✗ 1uWTIOIL:inflow uWTIOIL:margin uWTIOIL:redeem dWTIOIL:harvest ✗ 1uWTIOIL:harvest ✗ 1

Alerts · 1 open

Raised by the keeper, resolved when the condition clears.

  • warning
    TICK_FAILED · dGOLD15 Sep 14:27 UTC
    dGOLD: tick failed: hawkeye view_bbo GOLD: Hawkeye return data expected at least 8 bytes, got 0
  • warning
    CRANK_STALE · dGOLD15 Sep 14:12 UTC → resolved 27 min ago
    dGOLD: last crank 112s ago during an external session
  • warning
    CRANK_STALE · dGOLD15 Sep 14:04 UTC → resolved 59 min ago
    dGOLD: last crank never during an external session

Event log

Every action planned, sent or observed for this token, newest first.

TimeKindStatusReasonLeverageAmountFill / markSlipTx
15 Sep 14:39 UTCCrankconfirmedcrank: receipt 20s old, session external1.94x → —2d6d…SWJ2
15 Sep 14:39 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:38 UTCCrankconfirmedcrank: receipt 21s old, session external1.94x → —AfAd…BC32
15 Sep 14:38 UTCCrankconfirmedcrank: receipt 17s old, session external1.95x → —3z9L…g4kt
15 Sep 14:38 UTCCrankconfirmedcrank: receipt 19s old, session external1.95x → —2fvn…KGjo
15 Sep 14:38 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:37 UTCCrankconfirmedcrank: receipt 17s old, session external1.95x → —3U8R…ffRa
15 Sep 14:37 UTCCrankconfirmedcrank: receipt 17s old, session external1.95x → —57nF…woBt
15 Sep 14:37 UTCCrankconfirmedcrank: receipt 15s old, session external1.95x → —218g…JyJs
15 Sep 14:36 UTCCrankconfirmedcrank: receipt 15s old, session external1.95x → —GfTv…HCDZ
15 Sep 14:36 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:36 UTCCrankconfirmedcrank: receipt 14s old, session external1.95x → —ahYF…5Xwe
15 Sep 14:36 UTCCrankconfirmedcrank: receipt 14s old, session external1.95x → —2PAF…mpcD
15 Sep 14:36 UTCCrankconfirmedcrank: receipt 14s old, session external1.95x → —2UqR…9YsR
15 Sep 14:35 UTCHarvest feefailedharvest_fee needs the Voltr protocol treasury address; wire it in once the vault is created (#13)1.95x → —
15 Sep 14:35 UTCCrankconfirmedfirst crank for dGOLD1.95x → —Z6WL…bmGW
15 Sep 14:35 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:25 UTCCrankskippedPrior vault transaction reconciled; read fresh state before replanning1.94x → —
15 Sep 14:25 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:19 UTCCrankconfirmedcrank: receipt 368s old, session external1.94x → —4HMD…A86s
15 Sep 14:19 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:12 UTCCrankconfirmedcrank: receipt 113s old, session external1.94x → —5R41…FhBh
15 Sep 14:12 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:10 UTCCrankconfirmedcrank: receipt 44s old, session external1.94x → —5XRz…AXdF
15 Sep 14:10 UTCCrankconfirmedcrank: receipt 32s old, session external1.95x → —2GoU…8naY
15 Sep 14:10 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:09 UTCCrankconfirmedcrank: receipt 29s old, session external1.95x → —5CnZ…6f1a
15 Sep 14:09 UTCCrankconfirmedcrank: receipt 26s old, session external1.95x → —59eR…qecz
15 Sep 14:09 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:08 UTCCrankconfirmedcrank: receipt 24s old, session external1.95x → —4Fd9…N1hF
15 Sep 14:08 UTCCrankconfirmedcrank: receipt 24s old, session external1.94x → —31vS…fQnv
15 Sep 14:07 UTCCrankconfirmedcrank: receipt 23s old, session external1.94x → —52n8…p7vA
15 Sep 14:07 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:07 UTCCrankconfirmedcrank: receipt 19s old, session external1.94x → —k3Fn…9z2E
15 Sep 14:06 UTCCrankconfirmedcrank: receipt 19s old, session external1.94x → —5dSP…VZzT
15 Sep 14:06 UTCCrankconfirmedcrank: receipt 18s old, session external1.94x → —47uJ…wV1C
15 Sep 14:06 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:06 UTCCrankconfirmedcrank: receipt 18s old, session external1.94x → —2pSP…NN7U
15 Sep 14:05 UTCCrankconfirmedcrank: receipt 17s old, session external1.94x → —3Q1w…829f
15 Sep 14:05 UTCCrankconfirmedcrank: receipt 15s old, session external1.94x → —3jTu…pGvZ
15 Sep 14:05 UTCCrankconfirmedcrank: receipt 14s old, session external1.94x → —2ShA…gN16
15 Sep 14:05 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection
15 Sep 14:04 UTCCrankconfirmedcrank: receipt 15s old, session external1.94x → —3s2T…3M39
15 Sep 14:04 UTCCrankconfirmedcrank: receipt 14s old, session external1.94x → —JhS2…9KUf
15 Sep 14:04 UTCCrankconfirmedcrank: receipt 14s old, session external1.94x → —4YNv…UBY9
15 Sep 14:04 UTCHarvest feefailedharvest_fee needs the Voltr protocol treasury address; wire it in once the vault is created (#13)1.94x → —
15 Sep 14:04 UTCCrankconfirmedfirst crank for dGOLD1.94x → —37XF…GzYw
15 Sep 14:04 UTCCrankskippedstop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection