Kerb
Reference closedClosed (overnight)
Pre-market opens in 15h 19m (01:00 UTC)

MIXUx

2097 on XHKG · pool quoted in USDG · pool 0x94D6…c3b8

Terms

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

Regime
Reference closed
The underlying market is closed, so no new reference price is arriving.
Credit Mark
24.088383
band 23.8478 to 24.5385
Carry LTV
40.00%
The ceiling a position can be drawn to and still be safe to hold through the next weakening.
Session Max LTV
45.00%
Only available while the session holds, and only with the cure covenant attached.
Debt ceiling
4,591.03
In USDG, the total debt this asset may support.
Executable depth at 1%
6,121.38
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 09:36 UTC, 3m 47s ago. transaction
Input bundle
0x85f216bc…e3dd2081
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 0x85f216bc61f6b6be38288e8ddf3ee50c9454a32481681693836c2f0ce3dd2081

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.

wMIXUx → USDG

C(0.5%) 2.9k · C(1%) 6.1k · C(3%) 19.2k
0.00%2.26%4.52%C(1%) 6.1kSell 1.0k: impact 0.206%, realised 24.4885Sell 2.5k: impact 0.440%, realised 24.4312Sell 5.0k: impact 0.827%, realised 24.3362Sell 10.0k: impact 1.593%, realised 24.1483Sell 25.0k: impact 4.189%, realised 23.51121k5k25knotional soldprice impact

0x94D6…c3b8

Aggregate depth
6,121.38 at 1%
C(0.5%) 2,885.04 · C(3%) 19,184.38 · fragmentation factor 1 applied across eligible venues.
Cross-check
6,121.38
simulated 6,121.38 against okx-dex:v6-quote 6,161.07, a difference of 0.644%
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
24.703003
Excluded: xstocks:price-data (stale by 5085s)
Sources used: yahoo:chart:2097.HK, yahoo:chart:HKD=X
Pool
24.538483
Time-weighted average over 900s along 0x94D6…c3b8
Dispersion
0.666%
Within the guard.
Regime haircut
1.833%
Credit Mark
24.088694
Band 23.847807 to 24.538483. 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
CLOSED
XHKG · Asia/Hong_Kong · since 2026-09-21 08:10 UTC
Next transition
pre open
2026-09-22 01:00 UTC · in 15h 19m
Next weakening
lunch break
2026-09-22 04:00 UTC
The deadline a Session Max position must cure by.
Last Call window
closed
2026-09-22 03:30 UTC to 2026-09-22 04:00 UTC · 30m 00s 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.

PostedRegimeCredit MarkCarrySession MaxDebt ceilingTx
2026-09-21 09:36 UTCReference closed24.088440.00%45.00%4.6k0x405d…b7fe
2026-09-21 09:26 UTCReference closed24.088940.00%45.00%4.6k0xdd43…2dd0
2026-09-21 09:16 UTCReference closed24.087840.00%45.00%4.6k0x25a7…e5f9
2026-09-21 09:06 UTCReference closed24.088440.00%45.00%4.6k0x1d77…fc1e
2026-09-21 08:56 UTCReference closed24.088440.00%45.00%4.6k0x51c3…bb20
2026-09-21 08:51 UTCReference closed24.088240.00%45.00%4.5k0xfe6e…7024
2026-09-21 08:41 UTCReference closed24.088740.00%45.00%4.5k0x7be8…c345
2026-09-21 08:31 UTCReference closed24.088740.00%45.00%4.5k0xde3e…c070
2026-09-21 08:21 UTCReference closed24.107440.00%45.00%4.5k0x22d2…54c1
2026-09-21 08:11 UTCReference closed24.102840.00%45.00%4.4k0xdd43…c835
2026-09-21 08:01 UTCNormal24.417040.00%45.00%4.4k0xb261…60c3
2026-09-21 07:56 UTCLast Call24.296340.00%45.00%4.4k0x7e40…4073
2026-09-21 07:46 UTCLast Call24.299740.00%45.00%4.4k0x00a1…7e4b
2026-09-21 07:41 UTCLast Call24.304540.00%45.00%4.3k0x51b1…aab5
2026-09-21 07:31 UTCLast Call24.317140.00%45.00%4.3k0xf747…63f7
2026-09-21 07:26 UTCNormal24.439440.00%45.00%4.3k0x013e…33e5
2026-09-21 07:15 UTCNormal24.452540.00%45.00%4.3k0xcf14…19bf
2026-09-21 07:10 UTCNormal24.438040.00%45.00%4.3k0x1eee…859d
2026-09-21 07:00 UTCNormal24.433440.00%45.00%4.3k0xe483…b18b
2026-09-21 06:50 UTCNormal24.442940.00%45.00%4.3k0x7619…a1f7
2026-09-21 06:40 UTCNormal24.437940.00%45.00%4.3k0x6736…3e5c
2026-09-21 06:35 UTCNormal24.439740.00%45.00%4.2k0x63f5…4bbf
2026-09-21 06:25 UTCNormal24.437940.00%45.00%4.2k0x49e3…b9ac
2026-09-21 06:15 UTCNormal24.428440.00%45.00%4.2k0xf72f…6f3d
2026-09-21 06:05 UTCNormal24.436340.00%45.00%4.2k0xe8a9…62a0

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