Transparency

uUS100Live· 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 2 min ago

Stale dataNo keeper has sent a heartbeat in the last 90 s. Last crank 2 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 2.88xband 2.7–3.3x · hard delever 4x

2.88x

2.70x3.00x3.30x4.00x

Venue equity / notionalbetween floor and ceiling

Margin 18.1% of notionalfloor 12.5% · target 17.5% · ceiling 22.5%

18.1%

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.

external index

−14%

−9%

−5%

+5%

+9%

+14%

$592.56

$614.08

$660.28

$660.78

$731.46

$745.50

$705.43

If the price falls

Band edge 3.30x−6.3% · $660.78
Rebalance down to target (any hour)
Margin floor 12.5% of notional−6.4% · $660.28
Top up collateral from idle
Hard delever 4.00x−12.9% · $614.08
Emergency delever to target, market order
Liquidation (est.)−16.0% · $592.56
Phoenix liquidates the account; the stop and top-ups sit well before this

If the price rises

Band edge 2.70x+3.7% · $731.46
Rebalance up to target (external session only)
Margin ceiling 22.5% of notional+5.7% · $745.50
Withdraw excess collateral to idle

Computed from realised leverage 2.881x and venue equity at 18.1% of notional at mark $705.43, 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 4,977 USDC · 47.7%

Collateral at Phoenix (share of NAV)2,620 USDC · equity 18.1% of notional

Pending redemptionsnone

Cap used$4,976.66 of $250.0K

LP supply: 5,000 uUS100
Token price: 0.995331 USDC
Unrealised PnL: −23.84 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: $705.43
Index: $705.23
Pool price: no pool
Premium to NAV: —
Realised vs target: 2.881x / 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 2 min ago (stale)
stream ✓dGOLD:band ✓dGOLD:stop ✓dGOLD:tick ✓dMSTR:band ✓dMSTR:stop ✓dMSTR:tick ✓uGOLD:band ✓uGOLD:stop ✓uGOLD:tick ✓uMSTR:band ✓uMSTR:stop ✓uMSTR:tick ✓dGOLD:crank ✓dGOLD:guard ✓dMSTR:crank ✓dMSTR:guard ✓dUS100:band ✓dUS100:stop ✓dUS100:tick ✓dUS500:band ✓dUS500:stop ✓dUS500:tick ✓uGOLD:crank ✓uGOLD:guard ✓uMSTR:crank ✓uMSTR: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 ✓dUS100:guard ✓dUS500:crank ✓dUS500:guard ✓dWTIOIL:band ✓dWTIOIL:stop ✓dWTIOIL:tick ✓uGOLD:inflow ✓uGOLD:margin ✓uGOLD:redeem ✓uMSTR:inflow ✓uMSTR:margin ✓uMSTR:redeem ✓uUS100:crank ✓uUS100:guard ✓uUS500:crank ✓uUS500:guard ✓uWTIOIL:band ✓uWTIOIL:stop ✓uWTIOIL:tick ✓dGOLD:harvest ✓dMSTR:harvest ✓dUS100:inflow ✓dUS100:margin ✓dUS100:redeem ✓dUS500:inflow ✓dUS500:margin ✓dUS500:redeem ✓dWTIOIL:crank ✓dWTIOIL:guard ✓uGOLD:harvest ✗ 1uMSTR: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 ✗ 1uUS500:harvest ✗ 1uWTIOIL:inflow ✓uWTIOIL:margin ✓uWTIOIL:redeem ✓dWTIOIL:harvest ✗ 1uWTIOIL:harvest ✓

Alerts · 1 open

Raised by the keeper, resolved when the condition clears.

warning
TICK_FAILED · uUS10015 Sep 14:42 UTC
uUS100: tick failed: fetch failed
warning
CRANK_STALE · uUS10015 Sep 15:26 UTC → resolved 6 min ago
uUS100: last crank 103s ago during an external session
warning
CRANK_STALE · uUS10015 Sep 15:24 UTC → resolved 10 min ago
uUS100: last crank never during an external session
warning
CRANK_STALE · uUS10015 Sep 15:19 UTC → resolved 14 min ago
uUS100: last crank never during an external session
warning
CRANK_STALE · uUS10015 Sep 15:13 UTC → resolved 20 min ago
uUS100: last crank never during an external session
warning
CRANK_STALE · uUS10015 Sep 14:58 UTC → resolved 22 min ago
uUS100: last crank never during an external session
warning
CRANK_STALE · uUS10015 Sep 14:15 UTC → resolved 58 min ago
uUS100: last crank 209s ago during an external session
warning
CRANK_STALE · uUS10015 Sep 14:03 UTC → resolved 1.5 h ago
uUS100: last crank never during an external session

Event log

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

all rebalance emergency delever margin top-up withdraw excess margin set stop mint redeem crank keeper halt

No events of these kinds recorded yet.