BRK.Bx

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

495.161428

band 490.2098 to 505.0672

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

13,093.69

In USDG, the total debt this asset may support.

Executable depth at 1%

17,458.25

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

Usable for new risk

yes

Posted 2026-09-20 22:55 UTC, 6m 16s ago. transaction

Input bundle

0x47d3a62c…3ed022f1

The keccak256 of the canonical inputs, posted with the report. Recompute it with kerb verify.

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

17,458.25 at 1%

C(0.5%) 8,228.14 · C(3%) 51,103.46 · fragmentation factor 1 applied across eligible venues.

Cross-check

17,458.25

simulated 17,458.25 against okx-dex:v6-quote 17,650.63, a difference of 1.090%

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

509.770000

Excluded: xstocks:price-data (stale by 74400s)

Sources used: yahoo:chart:BRK-B

Pool

505.067162

Time-weighted average over 900s along 0x34Fa…A507

Dispersion

0.923%

Within the guard.

Regime haircut

1.961%

Credit Mark

495.161428

Band 490.209814 to 505.067162. 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

XNYS · America/New_York · since 2026-09-19 00:00 UTC

Next transition

pre open

2026-09-21 08:00 UTC · in 8h 58m

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.