KOx

Terms

What is posted on chain right now, signed by the Kerb attester inside the contract guardrails.

Regime

Normal

Normal executable liquidity in the underlying's regular session.

Credit Mark

87.936028

band 87.0897 to 88.1966

Carry LTV

55.00%

The ceiling a position can be drawn to and still be safe to hold through the next weakening.

Session Max LTV

60.00%

Only available while the session holds, and only with the cure covenant attached.

Debt ceiling

10,756.27

In USDG, the total debt this asset may support.

Executable depth at 1%

14,341.70

The notional that can be sold into the real pools for at most 1% impact, in USDG.

Usable for new risk

yes

Posted 2026-09-21 08:46 UTC, 4m 43s ago. transaction

Input bundle

0xc1d9d1ff…985f9faa

The keccak256 of the canonical inputs, posted on chain with the report. Every number above is computed from these exact bytes, served by the Kerb API. This one is not on IPFS: pinning is being refused right now, and that is reported on the proof page rather than hidden. Recompute them yourself: pnpm --filter @kerb/engine kerb verify 0xc1d9d1ffa4a40abb6a01a9fec43c6ccbd8ab82b1676c767c4714ce53985f9faa

Executable depth

Simulated by walking the real pool tick by tick, in the direction of a sale, from the pool state Kerb observed. Not an aggregator estimate.

Aggregate depth

14,341.70 at 1%

C(0.5%) 6,760.41 · C(3%) 44,105.21 · fragmentation factor 1 applied across eligible venues.

Cross-check

14,341.70

simulated 14,341.70 against okx-dex:v6-quote 14,386.27, a difference of 0.310%

The tick-walk and the independent aggregator quote agree within the configured maximum.

How the Credit Mark was made

The conservative minimum of the reference median and the pool price, after the dispersion guard and the regime haircut. Every component names its sources.

Reference

88.210000

Sources used: xstocks:price-data, yahoo:chart:KO

Pool

88.196576

Time-weighted average over 900s along 0x273D…3114

Dispersion

0.015%

Within the guard.

Regime haircut

0.258%

Credit Mark

87.969374

Band 87.089680 to 88.196576. USDG is treated as 1 USD; the USDG peg is observed separately and reported

Next transitions

Resolved from the Kerb calendar, kerb-calendar@0.1.0 (2025-12-01..2027-12-31). The onchain KerbClock is equivalence-tested against this same resolver.

Session now

PRE

XNYS · America/New_York · since 2026-09-21 08:00 UTC

Next transition

session open

2026-09-21 13:30 UTC · in 4h 38m

Next weakening

session close

2026-09-21 20:00 UTC

The deadline a Session Max position must cure by.

Last Call window

closed

2026-09-21 19:00 UTC to 2026-09-21 20:00 UTC · 1h 00m long

Terms history

Every post Kerb has made for this asset, newest first, each one a transaction.

Scroll the table sideways for capacity and the transaction.