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 24 s ago
Leverage bandin band
Leverage 3.00xband 2.7–3.3x · hard delever 4x
3.00x
2.70x3.00x3.30x4.00x
Venue equity / notionalbetween floor and ceiling
Margin 17.4% of notionalfloor 12.5% · target 17.5% · ceiling 22.5%
17.4%
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%
−8%
−4%
+4%
+8%
+13%
$729.49
$740.22
$778.49
$794.32
$811.51
$871.85
$760.84
If the price falls
- Band edge 2.70x−2.7% · $740.22Rebalance up to target (external session only)
- Margin ceiling 22.5% of notional−4.1% · $729.49Withdraw excess collateral to idle
If the price rises
- Band edge 3.30x+2.3% · $778.49Rebalance down to target (any hour)
- Margin floor 12.5% of notional+4.4% · $794.32Top up collateral from idle
- Hard delever 4.00x+6.7% · $811.51Emergency delever to target, market order
- Liquidation (est.)+14.6% · $871.85Phoenix liquidates the account; the stop and top-ups sit well before this
Computed from realised leverage 3.001x and venue equity at 17.4% of notional at mark $760.84, 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 4,996 USDC · 47.5%
Collateral at Phoenix (share of NAV)2,620 USDC · equity 17.4% of notional
Pending redemptionsnone
Cap used$4,995.53 of $250.0K
- LP supply
- 5,000 dUS500
- Token price
- 0.999106 USDC
- Unrealised PnL
- −3.72 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
- $760.84
- Index
- $760.63
- Pool price
- no pool
- Premium to NAV
- —
- Realised vs target
- 3.001x / 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 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 ✗ 1dUS500:band ✓dUS500:stop ✓dUS500:tick ✓uGOLD:crank ✓uGOLD:guard ✓uMSTR:crank ✓uMSTR:guard ✓uUS100:band ✓uUS100:stop ✓uUS100:tick ✗ 1uUS500: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 ✗ 3dMSTR:harvest ✗ 3dUS100:inflow ✓dUS100:margin ✓dUS100:redeem ✓dUS500:inflow ✓dUS500:margin ✓dUS500:redeem ✓dWTIOIL:crank ✓dWTIOIL:guard ✓uGOLD:harvest ✗ 3uMSTR:harvest ✗ 3uUS100:inflow ✓uUS100:margin ✓uUS100:redeem ✓uUS500:inflow ✓uUS500:margin ✓uUS500:redeem ✓uWTIOIL:crank ✓uWTIOIL:guard ✓dUS100:harvest ✗ 3dUS500:harvest ✗ 3dWTIOIL:inflow ✓dWTIOIL:margin ✓dWTIOIL:redeem ✓uUS100:harvest ✗ 3uUS500:harvest ✗ 3uWTIOIL:inflow ✓uWTIOIL:margin ✓uWTIOIL:redeem ✓dWTIOIL:harvest ✗ 3uWTIOIL:harvest ✗ 3
Alerts
Raised by the keeper, resolved when the condition clears.
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 20:18 UTC → resolved 24 s agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 20:16 UTC → resolved 3 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 20:05 UTC → resolved 14 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 20:03 UTC → resolved 16 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 20:01 UTC → resolved 18 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:54 UTC → resolved 25 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:49 UTC → resolved 30 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:36 UTC → resolved 43 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:34 UTC → resolved 45 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:25 UTC → resolved 54 min agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:06 UTC → resolved 1.2 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 19:00 UTC → resolved 1.3 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 18:48 UTC → resolved 1.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 18:45 UTC → resolved 1.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 18:11 UTC → resolved 2.1 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 18:03 UTC → resolved 2.3 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 17:50 UTC → resolved 2.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 17:48 UTC → resolved 2.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 17:40 UTC → resolved 2.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 17:27 UTC → resolved 2.9 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 17:14 UTC → resolved 3.1 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 17:00 UTC → resolved 3.3 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 16:52 UTC → resolved 3.4 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 16:50 UTC → resolved 3.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 16:40 UTC → resolved 3.7 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 16:35 UTC → resolved 3.7 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 16:29 UTC → resolved 3.8 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 16:18 UTC → resolved 4.0 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 14:48 UTC → resolved 5.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 14:43 UTC → resolved 5.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 14:42 UTC → resolved 5.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 14:16 UTC → resolved 6.0 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 13:56 UTC → resolved 6.4 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 13:06 UTC → resolved 7.2 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 11:49 UTC → resolved 8.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 11:43 UTC → resolved 8.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 11:19 UTC → resolved 9.0 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 10:57 UTC → resolved 9.4 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 10:39 UTC → resolved 9.7 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 10:08 UTC → resolved 10.2 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 09:48 UTC → resolved 10.5 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 08:36 UTC → resolved 11.7 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 08:27 UTC → resolved 11.9 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 08:24 UTC → resolved 11.9 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 07:41 UTC → resolved 12.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 07:05 UTC → resolved 13.2 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 06:44 UTC → resolved 13.6 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 06:34 UTC → resolved 13.7 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 06:31 UTC → resolved 13.8 h agodUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · dUS50014 Sep 06:25 UTC → resolved 13.9 h agodUS500: 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.