Transparency
uMSTRLive
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 12 s ago
Leverage bandin band
Leverage 1.92xband 1.8–2.3x · hard delever 2.6x
1.92x
1.80x2.00x2.30x2.60x
Venue equity / notionalbetween floor and ceiling
Margin 26.9% of notionalfloor 17.9% · target 25% · ceiling 32.1%
26.9%
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.
−20%
−13%
−7%
+7%
+13%
+20%
$102.01
$102.95
$112.09
$118.04
$142.56
$142.72
$132.59
If the price falls
- Margin floor 17.9% of notional−11.0% · $118.04Top up collateral from idle
- Band edge 2.30x−15.5% · $112.09Rebalance down to target (any hour)
- Hard delever 2.60x−22.4% · $102.95Emergency delever to target, market order
- Liquidation (est.)−23.1% · $102.01Phoenix liquidates the account; the stop and top-ups sit well before this
If the price rises
- Band edge 1.80x+7.5% · $142.56Rebalance up to target (external session only)
- Margin ceiling 32.1% of notional+7.6% · $142.72Withdraw excess collateral to idle
Computed from realised leverage 1.915x and venue equity at 26.9% of notional at mark $132.59, 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 5.0% 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 1.8x–2.3xHard 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 5,161 USDC · 48.4%
Collateral at Phoenix (share of NAV)2,497 USDC · equity 26.9% of notional
Pending redemptionsnone
Cap used$5,161.47 of $250.0K
- LP supply
- 5,000 uMSTR
- Token price
- 1.032293 USDC
- Unrealised PnL
- 164.25 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
- $132.59
- Index
- $132.37
- Pool price
- no pool
- Premium to NAV
- —
- Realised vs target
- 1.915x / 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 9 s agostream ✓dAAPL:band ✓dAAPL:stop ✓dAAPL:tick ✓dGOLD:band ✓dGOLD:stop ✓dGOLD:tick ✓dMSTR:band ✓dMSTR:stop ✓dMSTR:tick ✓dNVDA:band ✓dNVDA:stop ✓dNVDA:tick ✓dSPCX:band ✓dSPCX:stop ✓dSPCX:tick ✓uAAPL:band ✓uAAPL:stop ✓uAAPL:tick ✓uGOLD:band ✓uGOLD:stop ✓uGOLD:tick ✓uMSTR:band ✓uMSTR:stop ✓uMSTR:tick ✓uNVDA:band ✓uNVDA:stop ✓uNVDA:tick ✓uSPCX:band ✓uSPCX:stop ✓uSPCX:tick ✓dAAPL:crank ✓dAAPL:guard ✓dGOLD:crank ✓dGOLD:guard ✓dMSTR:crank ✓dMSTR:guard ✓dNVDA:crank ✓dNVDA:guard ✓dSPCX:crank ✓dSPCX:guard ✓dUS100:band ✓dUS100:stop ✓dUS100:tick ✓dUS500:band ✓dUS500:stop ✓dUS500:tick ✓uAAPL:crank ✓uAAPL:guard ✓uGOLD:crank ✓uGOLD:guard ✓uMSTR:crank ✓uMSTR:guard ✓uNVDA:crank ✓uNVDA:guard ✓uSPCX:crank ✓uSPCX:guard ✓uUS100:band ✓uUS100:stop ✓uUS100:tick ✓uUS500:band ✓uUS500:stop ✓uUS500:tick ✓dAAPL:inflow ✓dAAPL:margin ✓dAAPL:redeem ✓dGOLD:inflow ✓dGOLD:margin ✓dGOLD:redeem ✓dMSTR:inflow ✓dMSTR:margin ✓dMSTR:redeem ✓dNVDA:inflow ✓dNVDA:margin ✓dNVDA:redeem ✓dSPCX:inflow ✓dSPCX:margin ✓dSPCX:redeem ✓dUS100:crank ✓dUS100:guard ✓dUS500:crank ✓dUS500:guard ✓dWTIOIL:band ✓dWTIOIL:stop ✓dWTIOIL:tick ✓uAAPL:inflow ✓uAAPL:margin ✓uAAPL:redeem ✓uGOLD:inflow ✓uGOLD:margin ✓uGOLD:redeem ✓uMSTR:inflow ✓uMSTR:margin ✗ 3uMSTR:redeem ✓uNVDA:inflow ✓uNVDA:margin ✓uNVDA:redeem ✓uSPCX:inflow ✓uSPCX:margin ✓uSPCX:redeem ✓uUS100:crank ✓uUS100:guard ✓uUS500:crank ✓uUS500:guard ✓uWTIOIL:band ✓uWTIOIL:stop ✓uWTIOIL:tick ✓dAAPL:harvest ✗ 1dGOLD:harvest ✗ 1dMSTR:harvest ✗ 1dNVDA:harvest ✗ 1dSPCX:harvest ✓dUS100:inflow ✓dUS100:margin ✓dUS100:redeem ✓dUS500:inflow ✓dUS500:margin ✓dUS500:redeem ✓dWTIOIL:crank ✓dWTIOIL:guard ✓uAAPL:harvest ✗ 1uGOLD:harvest ✗ 1uMSTR:harvest ✗ 1uNVDA:harvest ✓uSPCX:harvest ✗ 1uUS100:inflow ✓uUS100:margin ✓uUS100:redeem ✓uUS500:inflow ✓uUS500:margin ✓uUS500:redeem ✓uWTIOIL:crank ✓uWTIOIL:guard ✓dUS100:harvest ✗ 1dUS500:harvest ✗ 1dWTIOIL:inflow ✓dWTIOIL:margin ✓dWTIOIL:redeem ✓uUS100:harvest ✓uUS500:harvest ✓uWTIOIL:inflow ✓uWTIOIL:margin ✓uWTIOIL:redeem ✓dWTIOIL:harvest ✓uWTIOIL:harvest ✗ 1
Alerts · 1 open
Raised by the keeper, resolved when the condition clears.
- warningTICK_FAILED · uMSTR15 Sep 14:42 UTCuMSTR: tick failed: fetch failed
- warningCRANK_STALE · uMSTR15 Sep 16:03 UTC → resolved 42 s agouMSTR: last crank 103s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 16:00 UTC → resolved 3 min agouMSTR: last crank 91s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:55 UTC → resolved 9 min agouMSTR: last crank 91s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:48 UTC → resolved 15 min agouMSTR: last crank 91s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:43 UTC → resolved 17 min agouMSTR: last crank 92s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:35 UTC → resolved 29 min agouMSTR: last crank never during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:28 UTC → resolved 36 min agouMSTR: last crank 104s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:24 UTC → resolved 40 min agouMSTR: last crank never during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:19 UTC → resolved 46 min agouMSTR: last crank never during an external session
- warningCRANK_STALE · uMSTR15 Sep 15:14 UTC → resolved 51 min agouMSTR: last crank never during an external session
- warningCRANK_STALE · uMSTR15 Sep 14:59 UTC → resolved 53 min agouMSTR: last crank never during an external session
- warningCRANK_STALE · uMSTR15 Sep 14:13 UTC → resolved 1.5 h agouMSTR: last crank 123s ago during an external session
- warningCRANK_STALE · uMSTR15 Sep 14:04 UTC → resolved 2.0 h agouMSTR: 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 15:39 UTC | Withdraw excess margin | failed | simulation failed for withdraw_excess: {"InstructionError":["2",{"Custom":"6007"}]} :: Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV invoke [2] | Program log: Instruction: withdraw | Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV consumed 12448 of 1346741 compute units | Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV failed: custom program error: 0x1777 | Program vVoLTRjQmtFpiYoegx285Ze4gsLJ8ZxgFKVcuvmG1a8 consumed 65407 of 1399700 compute units | Program vVoLTRjQmtFpiYoegx285Ze4gsLJ8ZxgFKVcuvmG1a8 failed: custom program error: 0x1777 | 1.90x → — | 108.20 USDC | — | — | — |
| 15 Sep 15:38 UTC | Withdraw excess margin | failed | simulation failed for withdraw_excess: {"InstructionError":["2",{"Custom":"6007"}]} :: Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV invoke [2] | Program log: Instruction: withdraw | Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV consumed 12448 of 1346740 compute units | Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV failed: custom program error: 0x1777 | Program vVoLTRjQmtFpiYoegx285Ze4gsLJ8ZxgFKVcuvmG1a8 consumed 65408 of 1399700 compute units | Program vVoLTRjQmtFpiYoegx285Ze4gsLJ8ZxgFKVcuvmG1a8 failed: custom program error: 0x1777 | 1.90x → — | 108.50 USDC | — | — | — |
| 15 Sep 15:36 UTC | Withdraw excess margin | failed | simulation failed for withdraw_excess: {"InstructionError":["2",{"Custom":"6007"}]} :: Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV invoke [2] | Program log: Instruction: withdraw | Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV consumed 12448 of 1346739 compute units | Program CJxBPN83j7YvHDuLCaq9Ddrp9QHqVAAU9TXQGPRBpAtV failed: custom program error: 0x1777 | Program vVoLTRjQmtFpiYoegx285Ze4gsLJ8ZxgFKVcuvmG1a8 consumed 65409 of 1399700 compute units | Program vVoLTRjQmtFpiYoegx285Ze4gsLJ8ZxgFKVcuvmG1a8 failed: custom program error: 0x1777 | 1.91x → — | 104.95 USDC | — | — | — |