Transparency
dMSTRLive
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 10 s ago
Leverage bandin band
2.00x
1.80x2.00x2.30x2.60x
Venue equity / notionalbetween floor and ceiling
25.1%
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.
−17%
−11%
−6%
+6%
+11%
+17%
$121.34
$123.66
$134.06
$135.96
$138.92
$152.65
$128.13
If the price falls
- Band edge 1.80x−3.5% · $123.66Rebalance up to target (external session only)
- Margin ceiling 32.1% of notional−5.3% · $121.34Withdraw excess collateral to idle
If the price rises
- Band edge 2.30x+4.6% · $134.06Rebalance down to target (any hour)
- Margin floor 17.9% of notional+6.1% · $135.96Top up collateral from idle
- Hard delever 2.60x+8.4% · $138.92Emergency delever to target, market order
- Liquidation (est.)+19.1% · $152.65Phoenix liquidates the account; the stop and top-ups sit well before this
Computed from realised leverage 1.995x and venue equity at 25.1% of notional at mark $128.13, 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 5,003 USDC · 50.0%
Collateral at Phoenix (share of NAV)2,497 USDC · equity 25.1% of notional
Pending redemptionsnone
Cap used$5,002.85 of $250.0K
- LP supply
- 5,000 dMSTR
- NAV per token
- 1.000570 USDC
- Unrealised PnL
- 9.70 USDC
- Funding (annualised)
- —
Session
How the underlying is being priced right now.
impact pricingImpact pricing
The underlying exchange is closed. Phoenix prices the market from its own order flow, bounded to 1/max-leverage from the last external print. NAV marks to that price. Only defensive rebalances run; NAV shows "internal pricing".
- Mark
- $128.13
- Index
- none (no external print)
- Pool price
- no pool
- Premium to NAV
- —
- Realised vs target
- 1.995x / 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 8 s agostream ✓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 ✗ 1dMSTR:harvest ✗ 1dUS100: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 ✗ 1
Alerts · 1 open
Raised by the keeper, resolved when the condition clears.
- warningTICK_FAILED · dMSTR13 Sep 09:23 UTCdMSTR: tick failed: voltr readVault DNc1dRAUxE9rsr7kUQgCBwCShGhqT8dx6Soz4PXnsxWo did not settle within 15000 ms
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 10:47 UTC → resolved 10 min agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 10:15 UTC → resolved 42 min agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 09:57 UTC → resolved 1.0 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 09:50 UTC → resolved 1.0 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 09:10 UTC → resolved 1.8 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 09:00 UTC → resolved 1.9 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 08:39 UTC → resolved 2.3 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 08:33 UTC → resolved 2.4 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 08:28 UTC → resolved 2.4 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 08:22 UTC → resolved 2.4 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 08:16 UTC → resolved 2.6 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 08:05 UTC → resolved 2.9 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 07:49 UTC → resolved 3.1 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 07:41 UTC → resolved 3.2 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 07:36 UTC → resolved 3.3 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 07:34 UTC → resolved 3.3 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 06:43 UTC → resolved 4.2 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 06:39 UTC → resolved 4.3 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 06:34 UTC → resolved 4.4 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 06:26 UTC → resolved 4.5 h agodMSTR: tick failed: voltr readVault DNc1dRAUxE9rsr7kUQgCBwCShGhqT8dx6Soz4PXnsxWo did not settle within 15000 ms
- warningTICK_FAILED · dMSTR13 Sep 06:13 UTC → resolved 4.7 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 06:11 UTC → resolved 4.7 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 06:05 UTC → resolved 4.8 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 06:01 UTC → resolved 4.9 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 05:57 UTC → resolved 5.0 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 05:48 UTC → resolved 5.1 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 05:44 UTC → resolved 5.2 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 05:34 UTC → resolved 5.4 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 05:19 UTC → resolved 5.6 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 05:00 UTC → resolved 5.9 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 04:54 UTC → resolved 6.0 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 04:40 UTC → resolved 6.2 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 04:39 UTC → resolved 6.3 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 04:21 UTC → resolved 6.6 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 04:15 UTC → resolved 6.7 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 03:55 UTC → resolved 7.0 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 03:51 UTC → resolved 7.1 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dMSTR13 Sep 03:27 UTC → resolved 7.5 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dMSTR13 Sep 03:18 UTC → resolved 7.6 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dMSTR13 Sep 02:58 UTC → resolved 8.0 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 02:57 UTC → resolved 8.0 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 02:31 UTC → resolved 8.4 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dMSTR13 Sep 02:15 UTC → resolved 8.7 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dMSTR13 Sep 02:08 UTC → resolved 8.8 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dMSTR13 Sep 01:48 UTC → resolved 9.1 h agodMSTR: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 01:36 UTC → resolved 9.3 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 01:31 UTC → resolved 9.4 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dMSTR13 Sep 01:29 UTC → resolved 9.4 h agodMSTR: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dMSTR13 Sep 01:25 UTC → resolved 9.5 h agodMSTR: tick failed: phoenix /exchange/markets -> 429
Event log
Every action planned, sent or observed for this token, newest first.
No events of these kinds recorded yet.