Transparency
dUS500Live
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 14 s ago
Leverage bandin band
Leverage 2.87xband 2.7–3.3x · hard delever 4x
2.87x
2.70x3.00x3.30x4.00x
Venue equity / notionalbetween floor and ceiling
Margin 18.3% of notionalfloor 12.5% · target 17.5% · ceiling 22.5%
18.3%
12.5%17.5%22.5%12.5%
Action ladder
At what underlying move does each keeper action fire, from the latest snapshot and this token's policy.
−13%
−9%
−4%
+4%
+9%
+13%
$730.75
$744.30
$782.73
$795.67
$815.95
$873.30
$756.63
If the price falls
- Band edge 2.70x−1.6% · $744.30Rebalance up to target (external session only)
- Margin ceiling 22.5% of notional−3.4% · $730.75Withdraw excess collateral to idle
If the price rises
- Band edge 3.30x+3.5% · $782.73Rebalance down to target (any hour)
- Margin floor 12.5% of notional+5.2% · $795.67Top up collateral from idle
- Hard delever 4.00x+7.8% · $815.95Emergency delever to target, market order
- Liquidation (est.)+15.4% · $873.30Phoenix liquidates the account; the stop and top-ups sit well before this
Computed from realised leverage 2.873x and venue equity at 18.3% of notional at mark $756.63, 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 2.5% 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 2.7x–3.3xHard delever 4.0xRebalanceEmergency 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 12.5% – ceiling 22.5%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 vault2,375 of 4,991 USDC · 47.6%
Collateral at Phoenix (share of NAV)2,620 USDC · equity 18.3% of notional
Pending redemptionsnone
Cap used$4,991.26 of $250.0K
- LP supply
- 5,000 dUS500
- Token price
- 0.998252 USDC
- Unrealised PnL
- 6.33 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
- $756.63
- Index
- $756.68
- Pool price
- no pool
- Premium to NAV
- —
- Realised vs target
- 2.873x / 3.0x
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 agostream ✓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 · 2 open
Raised by the keeper, resolved when the condition clears.
- warningCRANK_STALE · dUS50015 Sep 14:58 UTCdUS500: last crank never during an external session
- warningTICK_FAILED · dUS50015 Sep 14:42 UTCdUS500: tick failed: fetch failed
- warningCRANK_STALE · dUS50015 Sep 14:14 UTC → resolved 28 min agodUS500: last crank 174s ago during an external session
- warningCRANK_STALE · dUS50015 Sep 14:03 UTC → resolved 59 min agodUS500: last crank never during an external session
Event log
Every action planned, sent or observed for this token, newest first.
| Time | Kind | Status | Reason | Leverage | Amount | Fill / mark | Slip | Tx |
|---|---|---|---|---|---|---|---|---|
| 15 Sep 15:02 UTC | Crank | skipped | stop 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 15:01 UTC | Crank | skipped | stop 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 14:59 UTC | Crank | skipped | stop 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 14:59 UTC | Crank | failed | simulation failed for crank: "InvalidProgramForExecution" :: | 2.87x → — | — | — | — | — |
| 15 Sep 14:59 UTC | Crank | failed | simulation failed for crank: "InvalidProgramForExecution" :: | 2.87x → — | — | — | — | — |
| 15 Sep 14:58 UTC | Harvest fee | failed | harvest_fee needs the Voltr protocol treasury address; wire it in once the vault is created (#13) | 2.87x → — | — | — | — | — |
| 15 Sep 14:58 UTC | Crank | failed | simulation failed for crank: "InvalidProgramForExecution" :: | 2.87x → — | — | — | — | — |
| 15 Sep 14:58 UTC | Crank | skipped | stop 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 14:39 UTC | Crank | confirmed | crank: receipt 20s old, session external | 2.87x → — | — | — | — | 2roU…QLVK |
| 15 Sep 14:39 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 19s old, session external | 2.88x → — | — | — | — | 5cvu…7R2M |
| 15 Sep 14:38 UTC | Crank | confirmed | crank: receipt 18s old, session external | 2.88x → — | — | — | — | 5TU7…J4Zv |
| 15 Sep 14:37 UTC | Crank | confirmed | crank: receipt 18s old, session external | 2.88x → — | — | — | — | 4W1U…6pGf |
| 15 Sep 14:37 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 16s old, session external | 2.88x → — | — | — | — | 4ofx…GX1y |
| 15 Sep 14:37 UTC | Crank | confirmed | crank: receipt 17s old, session external | 2.88x → — | — | — | — | 4Bjx…jSDN |
| 15 Sep 14:36 UTC | Crank | confirmed | crank: receipt 14s old, session external | 2.88x → — | — | — | — | QSEk…eA6z |
| 15 Sep 14:36 UTC | Crank | confirmed | crank: receipt 15s old, session external | 2.88x → — | — | — | — | 65ux…VuqU |
| 15 Sep 14:36 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 13s old, session external | 2.88x → — | — | — | — | 8sm1…55rH |
| 15 Sep 14:36 UTC | Crank | confirmed | crank: receipt 14s old, session external | 2.88x → — | — | — | — | 5etN…hY5m |
| 15 Sep 14:35 UTC | Crank | confirmed | crank: receipt 20s old, session external | 2.88x → — | — | — | — | 2PQn…6M6U |
| 15 Sep 14:35 UTC | Harvest fee | failed | harvest_fee needs the Voltr protocol treasury address; wire it in once the vault is created (#13) | 2.88x → — | — | — | — | — |
| 15 Sep 14:35 UTC | Crank | confirmed | first crank for dUS500 | 2.88x → — | — | — | — | 5NjP…uMYw |
| 15 Sep 14:35 UTC | Crank | skipped | stop 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 UTC | Crank | skipped | Prior vault transaction reconciled; read fresh state before replanning | 2.85x → — | — | — | — | — |
| 15 Sep 14:25 UTC | Crank | skipped | stop 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 14:22 UTC | Crank | confirmed | crank: receipt 455s old, session external | 2.85x → — | — | — | — | 4Sb3…sYRn |
| 15 Sep 14:22 UTC | Crank | skipped | stop 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 14:14 UTC | Crank | confirmed | crank: receipt 174s old, session external | 2.86x → — | — | — | — | 4xDc…vejD |
| 15 Sep 14:14 UTC | Crank | skipped | stop 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 14:11 UTC | Crank | confirmed | crank: receipt 62s old, session external | 2.86x → — | — | — | — | 4vC1…X7FC |
| 15 Sep 14:11 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 35s old, session external | 2.87x → — | — | — | — | 5erG…dz4M |
| 15 Sep 14:09 UTC | Crank | confirmed | crank: receipt 31s old, session external | 2.87x → — | — | — | — | 2yc8…cEbF |
| 15 Sep 14:09 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 25s old, session external | 2.87x → — | — | — | — | 4oLu…pogj |
| 15 Sep 14:08 UTC | Crank | confirmed | crank: receipt 26s old, session external | 2.87x → — | — | — | — | 23Hy…BcEj |
| 15 Sep 14:08 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 24s old, session external | 2.87x → — | — | — | — | 4Ua8…v1XC |
| 15 Sep 14:07 UTC | Crank | confirmed | crank: receipt 23s old, session external | 2.87x → — | — | — | — | 3LGg…HqPi |
| 15 Sep 14:07 UTC | Crank | confirmed | crank: receipt 20s old, session external | 2.87x → — | — | — | — | 3dD7…mapq |
| 15 Sep 14:07 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 19s old, session external | 2.87x → — | — | — | — | fCUC…kWDz |
| 15 Sep 14:06 UTC | Crank | confirmed | crank: receipt 19s old, session external | 2.87x → — | — | — | — | 3ZR6…SFVJ |
| 15 Sep 14:06 UTC | Crank | confirmed | crank: receipt 18s old, session external | 2.87x → — | — | — | — | 5jLF…SZZY |
| 15 Sep 14:06 UTC | Crank | skipped | stop 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 14:05 UTC | Crank | confirmed | crank: receipt 17s old, session external | 2.87x → — | — | — | — | 2q1Y…a6MJ |
| 15 Sep 14:05 UTC | Crank | confirmed | crank: receipt 16s old, session external | 2.87x → — | — | — | — | 2iMn…VY9Q |
| 15 Sep 14:05 UTC | Crank | confirmed | crank: receipt 15s old, session external | 2.87x → — | — | — | — | 4Hf6…yiBF |
| 15 Sep 14:05 UTC | Crank | confirmed | crank: receipt 13s old, session external | 2.87x → — | — | — | — | 4scF…dWof |
| 15 Sep 14:05 UTC | Crank | skipped | stop 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 UTC | Crank | confirmed | crank: receipt 14s old, session external | 2.87x → — | — | — | — | 3rmN…vuWK |
| 15 Sep 14:04 UTC | Crank | confirmed | crank: receipt 13s old, session external | 2.87x → — | — | — | — | 5Fw7…9kGi |
| 15 Sep 14:04 UTC | Crank | confirmed | crank: receipt 20s old, session external | 2.87x → — | — | — | — | 3RaT…WD9y |
| 15 Sep 14:03 UTC | Harvest fee | failed | harvest_fee needs the Voltr protocol treasury address; wire it in once the vault is created (#13) | 2.87x → — | — | — | — | — |
| 15 Sep 14:03 UTC | Crank | confirmed | first crank for dUS500 | 2.88x → — | — | — | — | 2P5N…9tty |
| 15 Sep 14:03 UTC | Crank | skipped | stop placement is disabled for this deployment; there is no verified keeper-independent backstop until it can, so keeper uptime is the only protection | — | — | — | — | — |