Transparency
uUS500Live
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 1 min ago
Leverage bandin band
3.00x
2.70x3.00x3.30x4.00x
Venue equity / notionalbetween floor and ceiling
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%
−9%
−4%
+4%
+9%
+13%
$648.81
$680.43
$722.92
$732.18
$810.50
$816.24
$765.56
If the price falls
- Band edge 3.30x−4.4% · $732.18Rebalance down to target (any hour)
- Margin floor 12.5% of notional−5.6% · $722.92Top up collateral from idle
- Hard delever 4.00x−11.1% · $680.43Emergency delever to target, market order
- Liquidation (est.)−15.3% · $648.81Phoenix liquidates the account; the stop and top-ups sit well before this
If the price rises
- Band edge 2.70x+5.9% · $810.50Rebalance up to target (external session only)
- Margin ceiling 22.5% of notional+6.6% · $816.24Withdraw excess collateral to idle
Computed from realised leverage 2.999x and venue equity at 17.4% of notional at mark $765.56, 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 vault2,395 of 5,001 USDC · 47.9%
Collateral at Phoenix (share of NAV)2,620 USDC · equity 17.4% of notional
Pending redemptionsnone
Cap used$5,000.67 of $250.0K
- LP supply
- 5,020 uUS500
- NAV per token
- 0.996136 USDC
- Unrealised PnL
- −14.02 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
- $765.56
- Index
- none (no external print)
- Pool price
- no pool
- Premium to NAV
- —
- Realised vs target
- 2.999x / 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 ✓dNVDA:band ✓dNVDA:stop ✓dNVDA:tick ✗ 1dTSLA:band ✓dTSLA:stop ✓dTSLA:tick ✗ 1uMSTR:band ✓uMSTR:stop ✓uMSTR:tick ✓uNVDA:band ✓uNVDA:stop ✓uNVDA:tick ✓uTSLA:band ✓uTSLA:stop ✓uTSLA:tick ✗ 1dMSTR: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 ✗ 1dNVDA:harvest ✓dTSLA:harvest ✓dUS100:inflow ✓dUS100:margin ✓dUS100:redeem ✓dUS500:inflow ✓dUS500:margin ✓dUS500:redeem ✓uMSTR:harvest ✗ 1uNVDA:harvest ✗ 1uTSLA:harvest ✓uUS100:inflow ✓uUS100:margin ✓uUS100:redeem ✓uUS500:inflow ✓uUS500:margin ✓uUS500:redeem ✓dUS100:harvest ✗ 1dUS500:harvest ✗ 1uUS100:harvest ✗ 1uUS500:harvest ✗ 1
- keeper-ahaltedv0.1.0 · test · heartbeat 53 min ago (stale)
Alerts
Raised by the keeper, resolved when the condition clears.
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 23:21 UTC → resolved 1.4 d agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 23:17 UTC → resolved 8 min agouUS500: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 23:10 UTC → resolved 26 min agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 22:47 UTC → resolved 36 min agouUS500: tick failed: hawkeye view_margin_for_asset SPY did not settle within 15000 ms
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 22:30 UTC → resolved 1.1 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 22:08 UTC → resolved 1.3 h agouUS500: tick failed: fetch failed
- warningTICK_FAILED · uUS50012 Sep 21:59 UTC → resolved 1.6 h agouUS500: tick failed: Hawkeye return data expected at least 8 bytes, got 0
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:41 UTC → resolved 2.9 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:40 UTC → resolved 3.0 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:39 UTC → resolved 3.0 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:39 UTC → resolved 3.0 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:36 UTC → resolved 3.0 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:33 UTC → resolved 3.1 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:30 UTC → resolved 3.1 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:29 UTC → resolved 3.1 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:28 UTC → resolved 3.2 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 20:26 UTC → resolved 3.2 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningTICK_FAILED · uUS50012 Sep 20:24 UTC → resolved 3.2 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:23 UTC → resolved 3.2 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:21 UTC → resolved 3.3 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 20:20 UTC → resolved 3.3 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:16 UTC → resolved 3.4 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 20:14 UTC → resolved 3.4 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:13 UTC → resolved 3.4 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:10 UTC → resolved 3.5 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:06 UTC → resolved 3.5 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 20:05 UTC → resolved 3.5 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 20:03 UTC → resolved 3.6 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:58 UTC → resolved 3.7 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:57 UTC → resolved 3.7 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:55 UTC → resolved 3.7 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 19:51 UTC → resolved 3.8 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:49 UTC → resolved 3.8 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:44 UTC → resolved 3.9 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:43 UTC → resolved 3.9 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:41 UTC → resolved 3.9 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 19:41 UTC → resolved 4.0 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:38 UTC → resolved 4.0 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:33 UTC → resolved 4.1 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:31 UTC → resolved 4.1 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:28 UTC → resolved 4.2 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:21 UTC → resolved 4.3 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:18 UTC → resolved 4.3 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:17 UTC → resolved 4.3 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:16 UTC → resolved 4.4 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:14 UTC → resolved 4.4 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:12 UTC → resolved 4.4 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:10 UTC → resolved 4.5 h agouUS500: order-book depth unreadable; expansion is refused and defensive slices use the fallback depth
- warningTICK_FAILED · uUS50012 Sep 19:09 UTC → resolved 4.5 h agouUS500: tick failed: phoenix /exchange/markets -> 429
- warningDEPTH_UNAVAILABLE · uUS50012 Sep 19:07 UTC → resolved 4.5 h agouUS500: 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.
| Time | Kind | Status | Reason | Leverage | Amount | Fill / mark | Slip | Tx |
|---|---|---|---|---|---|---|---|---|
| 12 Sep 23:23 UTC | Mint | failed | test | — | 5,000.00 USDC | — | — | — |
| 12 Sep 23:23 UTC | Mint | confirmed | test | — | 10,000.00 USDC | — | — | — |
| 12 Sep 22:59 UTC | Mint | failed | test | — | 5,000.00 USDC | — | — | — |
| 12 Sep 22:59 UTC | Mint | confirmed | test | — | 10,000.00 USDC | — | — | — |
| 12 Sep 22:46 UTC | Mint | failed | test | — | 5,000.00 USDC | — | — | — |
| 12 Sep 22:46 UTC | Mint | confirmed | test | — | 10,000.00 USDC | — | — | — |
| 12 Sep 13:25 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 12 Sep 12:00 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 12 Sep 10:35 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 12 Sep 10:30 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.70x → 2.70x | — | — | — | — |
| 12 Sep 10:05 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.78x → 2.78x | — | — | — | — |
| 12 Sep 09:40 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.88x → 2.88x | — | — | — | — |
| 12 Sep 09:15 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.99x → 2.99x | — | — | — | — |
| 12 Sep 09:10 UTC | Set stop | backtest | no conditional stop resting; placing one at the 7.50% equity trigger | 3.00x → 3.00x | — | — | — | — |
| 12 Sep 08:05 UTC | Margin top-up | backtest | margin 11.18% of notional < floor 12.50%; topping up 639499152 raw USDC to 17.50% | 2.97x → 2.97x | 639.50 USDC | — | — | — |
| 12 Sep 07:55 UTC | Emergency delever | backtest | leverage 5.79x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 5.79x → 4.10x | −4,000 ntl | 427.56 / 427.98 | 0.09% | — |
| 12 Sep 07:50 UTC | Emergency delever | backtest | leverage 8.33x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 8.33x → 6.55x | −4,000 ntl | 426.32 / 426.75 | 0.09% | — |
| 12 Sep 07:45 UTC | Emergency delever | backtest | leverage 10.99x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 10.99x → 9.09x | −4,000 ntl | 425.21 / 425.64 | 0.09% | — |
| 12 Sep 07:40 UTC | Emergency delever | backtest | leverage 13.73x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 13.73x → 11.71x | −4,000 ntl | 424.41 / 424.83 | 0.09% | — |
| 12 Sep 07:35 UTC | Emergency delever | backtest | leverage 16.99x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 16.99x → 14.76x | −4,000 ntl | 422.93 / 423.35 | 0.09% | — |
| 12 Sep 07:30 UTC | Emergency delever | backtest | leverage 20.28x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 20.28x → 17.84x | −4,000 ntl | 422.04 / 422.46 | 0.09% | — |
| 12 Sep 07:25 UTC | Emergency delever | backtest | leverage 24.65x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 24.65x → 21.85x | −4,000 ntl | 420.53 / 420.95 | 0.09% | — |
| 12 Sep 07:20 UTC | Emergency delever | backtest | leverage 29.81x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 29.81x → 26.53x | −4,000 ntl | 419.14 / 419.56 | 0.09% | — |
| 12 Sep 07:15 UTC | Emergency delever | backtest | leverage 34.53x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 34.53x → 30.87x | −4,000 ntl | 418.43 / 418.85 | 0.09% | — |
| 12 Sep 07:10 UTC | Emergency delever | backtest | leverage 40.51x > hard_delever 4.00x; emergency delever -4000000000 raw USDC of notional | 40.51x → 36.27x | −4,000 ntl | 417.56 / 417.97 | 0.09% | — |
| 12 Sep 07:05 UTC | Emergency delever | backtest | leverage 46.05x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 46.05x → 42.46x | −600 ntl | 416.39 / 416.81 | 0.09% | — |
| 12 Sep 07:00 UTC | Emergency delever | backtest | leverage 24.62x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 24.62x → 23.52x | −600 ntl | 424.80 / 425.23 | 0.09% | — |
| 12 Sep 06:55 UTC | Emergency delever | backtest | attempt 1: Failed query: update "events" set "slot" = $1, "status" = $2, "tx_sig" = $3, "leverage_after_bps" = $4, "fill_price" = $5, "slippage_bps" = $6, "details" = $7 where "events"."id" = $8 params: 210,simulated,replay-uUS500-347,148986,432.544054005646,9,{"fullGapRaw":"-74525863816","session":"closed","idempotencyKey":"uUS500:guard:emergency_delever:178919610:-600000000","loop":"guard","attempt":1,"sender":"replay"},4224 | 17.50x → 16.93x | −600 ntl | 432.54 / 432.98 | 0.09% | — |
| 12 Sep 06:50 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 13.09x → 13.09x | — | — | — | — |
| 12 Sep 06:50 UTC | Margin top-up | backtest | strategy equity/notional 6.46% at or below the stop trigger 7.50%; topping up 1000000000 raw USDC from idle, spending through the Jupiter routing floor because solvency wins | 13.39x → 13.13x | 1,000.00 USDC | — | — | — |
| 12 Sep 06:50 UTC | Emergency delever | backtest | leverage 13.39x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 13.39x → 13.13x | −600 ntl | 441.15 / 441.59 | 0.09% | — |
| 12 Sep 06:45 UTC | Emergency delever | backtest | leverage 10.88x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 10.88x → 10.70x | −600 ntl | 450.01 / 450.46 | 0.09% | — |
| 12 Sep 06:40 UTC | Emergency delever | backtest | leverage 9.29x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 9.29x → 9.16x | −600 ntl | 458.54 / 459.00 | 0.09% | — |
| 12 Sep 06:35 UTC | Emergency delever | backtest | leverage 8.14x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 8.14x → 8.03x | −600 ntl | 467.23 / 467.70 | 0.09% | — |
| 12 Sep 06:30 UTC | Margin top-up | backtest | margin 11.36% of notional < floor 12.50%; topping up 2589877710 raw USDC to 17.50% | 6.83x → 6.83x | 2,589.88 USDC | — | — | — |
| 12 Sep 06:30 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 7.14x → 7.14x | — | — | — | — |
| 12 Sep 06:30 UTC | Margin top-up | backtest | attempt 1: Failed query: update "events" set "slot" = $1, "status" = $2, "tx_sig" = $3, "leverage_after_bps" = $4, "slippage_bps" = $5, "details" = $6 where "events"."id" = $7 params: 205,simulated,replay-uUS500-296,71770,,{"idempotencyKey":"uUS500:margin:top_up:29819910:1891504822","loop":"margin","attempt":1,"sender":"replay"},5020 | 7.18x → 7.18x | 1,891.50 USDC | — | — | — |
| 12 Sep 06:30 UTC | Margin top-up | backtest | margin 11.34% of notional < floor 12.50%; topping up 1894015635 raw USDC to 17.50% | 7.18x → 7.13x | 1,894.02 USDC | — | — | — |
| 12 Sep 06:30 UTC | Emergency delever | backtest | leverage 7.22x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 7.22x → 7.13x | −600 ntl | 476.52 / 477.00 | 0.09% | — |
| 12 Sep 06:25 UTC | Emergency delever | backtest | leverage 6.53x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 6.53x → 6.46x | −600 ntl | 485.60 / 486.09 | 0.09% | — |
| 12 Sep 06:20 UTC | Emergency delever | backtest | leverage 5.93x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 5.93x → 5.90x | −600 ntl | 495.62 / 496.11 | 0.09% | — |
| 12 Sep 06:15 UTC | Emergency delever | backtest | leverage 5.47x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 5.47x → 5.44x | −600 ntl | 505.32 / 505.82 | 0.09% | — |
| 12 Sep 06:10 UTC | Margin top-up | backtest | margin 11.50% of notional < floor 12.50%; topping up 7406168839 raw USDC to 17.50% | 4.90x → 4.90x | 7,406.17 USDC | — | — | — |
| 12 Sep 06:10 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 5.03x → 5.03x | — | — | — | — |
| 12 Sep 06:10 UTC | Margin top-up | backtest | margin 11.27% of notional < floor 12.50%; topping up 7849028678 raw USDC to 17.50% | 5.05x → 5.05x | 7,849.03 USDC | — | — | — |
| 12 Sep 06:10 UTC | Margin top-up | backtest | margin 11.27% of notional < floor 12.50%; topping up 7866573074 raw USDC to 17.50% | 5.05x → 5.05x | 7,866.57 USDC | — | — | — |
| 12 Sep 06:10 UTC | Emergency delever | backtest | leverage 5.08x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 5.08x → 5.05x | −600 ntl | 515.42 / 515.94 | 0.09% | — |
| 12 Sep 06:05 UTC | Emergency delever | backtest | leverage 4.74x > hard_delever 4.00x; emergency delever -600000000 raw USDC of notional | 4.74x → 4.72x | −600 ntl | 525.88 / 526.41 | 0.09% | — |
| 12 Sep 06:00 UTC | Emergency delever | backtest | attempt 1: Failed query: update "events" set "slot" = $1, "status" = $2, "tx_sig" = $3, "leverage_after_bps" = $4, "fill_price" = $5, "slippage_bps" = $6, "details" = $7 where "events"."id" = $8 params: 199,simulated,replay-uUS500-306,43642,535.633374886243,9,{"fullGapRaw":"-41672761483","session":"closed","idempotencyKey":"uUS500:guard:emergency_delever:178919280:-600000000","loop":"guard","attempt":1,"sender":"replay"},4166 | 4.47x → 4.46x | −600 ntl | 535.63 / 536.17 | 0.09% | — |
| 12 Sep 05:55 UTC | Emergency delever | backtest | attempt 1: Failed query: update "events" set "slot" = $1, "status" = $2, "tx_sig" = $3, "leverage_after_bps" = $4, "fill_price" = $5, "slippage_bps" = $6, "details" = $7 where "events"."id" = $8 params: 198,simulated,replay-uUS500-301,41666,546.285950929365,9,{"fullGapRaw":"-38796717205","session":"closed","idempotencyKey":"uUS500:guard:emergency_delever:178919250:-600000000","loop":"guard","attempt":1,"sender":"replay"},4161 | 4.23x → 4.21x | −600 ntl | 546.29 / 546.83 | 0.09% | — |
| 12 Sep 05:50 UTC | Margin top-up | backtest | margin 12.41% of notional < floor 12.50%; topping up 7141795222 raw USDC to 17.50% | 3.95x → 3.95x | 7,141.80 USDC | — | — | — |
| 12 Sep 05:50 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.97x → 3.97x | — | — | — | — |
| 12 Sep 05:50 UTC | Margin top-up | backtest | margin 12.29% of notional < floor 12.50%; topping up 7357535070 raw USDC to 17.50% | 3.98x → 3.98x | 7,357.54 USDC | — | — | — |
| 12 Sep 05:50 UTC | Margin top-up | backtest | margin 12.29% of notional < floor 12.50%; topping up 7372819000 raw USDC to 17.50% | 3.98x → 3.98x | 7,372.82 USDC | — | — | — |
| 12 Sep 05:45 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.78x → 3.78x | — | — | — | — |
| 12 Sep 03:50 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 22:25 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 22:10 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 21:55 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 21:45 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.88x → 2.88x | — | — | — | — |
| 11 Sep 21:40 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 21:35 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.78x → 2.78x | — | — | — | — |
| 11 Sep 21:30 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.88x → 2.88x | — | — | — | — |
| 11 Sep 21:25 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 21:20 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 21:20 UTC | Emergency delever | backtest | leverage 5.22x > hard_delever 4.00x; emergency delever -83810759353 raw USDC of notional | 5.22x → 3.01x | −83,811 ntl | 501.70 / 502.00 | 0.05% | — |
| 11 Sep 21:20 UTC | Emergency delever | backtest | leverage 5.22x > hard_delever 4.00x; emergency delever -83882199111 raw USDC of notional | 5.22x → 3.01x | −83,882 ntl | 501.70 / 502.00 | 0.05% | — |
| 11 Sep 21:15 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 21:10 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.78x → 2.78x | — | — | — | — |
| 11 Sep 21:05 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.89x → 2.89x | — | — | — | — |
| 11 Sep 21:00 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 20:55 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.77x → 2.77x | — | — | — | — |
| 11 Sep 20:50 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.88x → 2.88x | — | — | — | — |
| 11 Sep 20:45 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 20:40 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.77x → 2.77x | — | — | — | — |
| 11 Sep 20:35 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 2.88x → 2.88x | — | — | — | — |
| 11 Sep 20:30 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 18:25 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.11x → 3.11x | — | — | — | — |
| 11 Sep 18:20 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 18:15 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.22x → 3.22x | — | — | — | — |
| 11 Sep 18:10 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.10x → 3.10x | — | — | — | — |
| 11 Sep 18:05 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 18:00 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.22x → 3.22x | — | — | — | — |
| 11 Sep 17:55 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.10x → 3.10x | — | — | — | — |
| 11 Sep 17:50 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 17:45 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.23x → 3.23x | — | — | — | — |
| 11 Sep 17:40 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.11x → 3.11x | — | — | — | — |
| 11 Sep 17:35 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 17:30 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.23x → 3.23x | — | — | — | — |
| 11 Sep 17:25 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.11x → 3.11x | — | — | — | — |
| 11 Sep 17:23 UTC | Mint | confirmed | test | — | 7,000.00 USDC | — | — | — |
| 11 Sep 17:20 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 17:15 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.22x → 3.22x | — | — | — | — |
| 11 Sep 17:10 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.11x → 3.11x | — | — | — | — |
| 11 Sep 17:05 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 17:00 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.24x → 3.24x | — | — | — | — |
| 11 Sep 16:59 UTC | Mint | confirmed | test | — | 7,000.00 USDC | — | — | — |
| 11 Sep 16:50 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 16:46 UTC | Mint | confirmed | test | — | 7,000.00 USDC | — | — | — |
| 11 Sep 16:45 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.10x → 3.10x | — | — | — | — |
| 11 Sep 16:40 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.00x → 3.00x | — | — | — | — |
| 11 Sep 16:35 UTC | Set stop | backtest | conditional stop drifted more than 0.50% from the 7.50% equity trigger; replacing | 3.18x → 3.18x | — | — | — | — |
| 11 Sep 13:30 UTC | Set stop | backtest | no conditional stop resting; placing one at the 7.50% equity trigger | 3.00x → 3.00x | — | — | — | — |