Transparency
dUS100Live
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
Leverage bandin band
2.98x
2.70x3.00x3.30x4.00x
Venue equity / notionalbetween floor and ceiling
17.7%
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%
$684.67
$694.36
$730.27
$745.52
$761.20
$818.28
$712.60
If the price falls
- Band edge 2.70x−2.6% · $694.36Rebalance up to target (external session only)
- Margin ceiling 22.5% of notional−3.9% · $684.67Withdraw excess collateral to idle
If the price rises
- Band edge 3.30x+2.5% · $730.27Rebalance down to target (any hour)
- Margin floor 12.5% of notional+4.6% · $745.52Top up collateral from idle
- Hard delever 4.00x+6.8% · $761.20Emergency delever to target, market order
- Liquidation (est.)+14.8% · $818.28Phoenix liquidates the account; the stop and top-ups sit well before this
Computed from realised leverage 2.982x and venue equity at 17.7% of notional at mark $712.60, 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 5,016 USDC · 47.4%
Collateral at Phoenix (share of NAV)2,620 USDC · equity 17.7% of notional
Pending redemptionsnone
Cap used$5,015.8 of $250.0K
- LP supply
- 5,000 dUS100
- NAV per token
- 1.003160 USDC
- Unrealised PnL
- 28.39 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
- $712.60
- Index
- none (no external print)
- Pool price
- no pool
- Premium to NAV
- —
- Realised vs target
- 2.982x / 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 16 s agostream ✓dMSTR:band ✓dMSTR:stop ✓dMSTR:tick ✗ 1dNVDA:band ✓dNVDA:stop ✓dNVDA:tick ✓dTSLA:band ✓dTSLA:stop ✓dTSLA:tick ✗ 1uMSTR:band ✓uMSTR:stop ✓uMSTR:tick ✓uNVDA:band ✓uNVDA:stop ✓uNVDA:tick ✓uTSLA:band ✓uTSLA:stop ✓uTSLA:tick ✓dMSTR:crank ✓dMSTR:guard ✓dNVDA:crank ✓dNVDA:guard ✓dTSLA:crank ✓dTSLA:guard ✓dUS100:band ✓dUS100:stop ✓dUS100:tick ✓dUS500:band ✓dUS500:stop ✓dUS500:tick ✓uMSTR:crank ✓uMSTR:guard ✓uNVDA:crank ✓uNVDA:guard ✓uTSLA:crank ✓uTSLA:guard ✓uUS100:band ✓uUS100:stop ✓uUS100:tick ✓uUS500:band ✓uUS500:stop ✓uUS500:tick ✓dMSTR:inflow ✓dMSTR:margin ✓dMSTR:redeem ✓dNVDA:inflow ✓dNVDA:margin ✓dNVDA:redeem ✓dTSLA:inflow ✓dTSLA:margin ✓dTSLA:redeem ✓dUS100:crank ✓dUS100:guard ✓dUS500:crank ✓dUS500:guard ✓uMSTR:inflow ✓uMSTR:margin ✓uMSTR:redeem ✓uNVDA:inflow ✓uNVDA:margin ✓uNVDA:redeem ✓uTSLA:inflow ✓uTSLA:margin ✓uTSLA:redeem ✓uUS100:crank ✓uUS100:guard ✓uUS500:crank ✓uUS500:guard ✓dMSTR:harvest ✗ 3dNVDA:harvest ✗ 3dTSLA:harvest ✗ 3dUS100:inflow ✓dUS100:margin ✓dUS100:redeem ✓dUS500:inflow ✓dUS500:margin ✓dUS500:redeem ✓uMSTR:harvest ✗ 3uNVDA:harvest ✗ 3uTSLA:harvest ✗ 3uUS100:inflow ✓uUS100:margin ✓uUS100:redeem ✓uUS500:inflow ✓uUS500:margin ✓uUS500:redeem ✓dUS100:harvest ✗ 3dUS500:harvest ✗ 3uUS100:harvest ✗ 3uUS500:harvest ✗ 3
Alerts
Raised by the keeper, resolved when the condition clears.
- warningTICK_FAILED · dUS10013 Sep 06:23 UTC → resolved 1 min agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dUS10013 Sep 06:09 UTC → resolved 15 min agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dUS10013 Sep 06:05 UTC → resolved 19 min agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 05:45 UTC → resolved 40 min agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 05:37 UTC → resolved 49 min agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 05:24 UTC → resolved 1.0 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 05:18 UTC → resolved 1.1 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 05:12 UTC → resolved 1.2 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 05:05 UTC → resolved 1.3 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dUS10013 Sep 04:22 UTC → resolved 2.1 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 04:15 UTC → resolved 2.2 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 03:27 UTC → resolved 3.0 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 03:25 UTC → resolved 3.0 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 03:09 UTC → resolved 3.2 h agodUS100: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dUS10013 Sep 03:06 UTC → resolved 3.3 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 03:02 UTC → resolved 3.4 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 02:43 UTC → resolved 3.7 h agodUS100: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dUS10013 Sep 02:23 UTC → resolved 4.0 h agodUS100: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dUS10013 Sep 02:15 UTC → resolved 4.2 h agodUS100: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 01:44 UTC → resolved 4.6 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 01:32 UTC → resolved 4.9 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 01:28 UTC → resolved 4.9 h agodUS100: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningTICK_FAILED · dUS10013 Sep 01:22 UTC → resolved 5.0 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 01:16 UTC → resolved 5.1 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 01:04 UTC → resolved 5.4 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:58 UTC → resolved 5.5 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:55 UTC → resolved 5.5 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:48 UTC → resolved 5.6 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:44 UTC → resolved 5.7 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 00:39 UTC → resolved 5.8 h agodUS100: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:38 UTC → resolved 5.8 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10013 Sep 00:36 UTC → resolved 5.8 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:32 UTC → resolved 5.8 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS10013 Sep 00:09 UTC → resolved 6.3 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10012 Sep 23:57 UTC → resolved 6.5 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10012 Sep 23:51 UTC → resolved 6.6 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10012 Sep 23:50 UTC → resolved 6.6 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10012 Sep 23:47 UTC → resolved 6.6 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS10012 Sep 23:22 UTC → resolved 7.0 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10012 Sep 23:09 UTC → resolved 7.3 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · dUS10012 Sep 22:36 UTC → resolved 7.4 h agodUS100: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · dUS10012 Sep 22:14 UTC → resolved 8.2 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · dUS10012 Sep 22:08 UTC → resolved 7.9 h agodUS100: tick failed: fetch failed
- warningDEPTH_UNAVAILABLE · dUS10012 Sep 22:04 UTC → resolved 8.3 h agodUS100: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
Event log
Every action planned, sent or observed for this token, newest first.
No events of these kinds recorded yet.