Kerb
Reference closedClosed (weekend)
Pre-market opens in 1h 07m (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
24.334494
band 24.0911 to 24.7306
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
4,239.92
In USDG, the total debt this asset may support.
Executable depth at 1%
5,653.23
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 23:45 UTC, 6m 51s ago. transaction
Input bundle
0x8a739434…089ce605
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.

wMIXUx → USDG

C(0.5%) 2.7k · C(1%) 5.7k · C(3%) 17.9k
0.00%2.47%4.95%C(1%) 5.7kSell 1.0k: impact 0.219%, realised 24.6775Sell 2.5k: impact 0.472%, realised 24.6149Sell 5.0k: impact 0.891%, realised 24.5114Sell 10.0k: impact 1.718%, realised 24.3068Sell 25.0k: impact 4.581%, realised 23.59881k5k25knotional soldprice impact

0x94D6…c3b8

Aggregate depth
5,653.23 at 1%
C(0.5%) 2,664.39 · C(3%) 17,860.82 · fragmentation factor 1 applied across eligible venues.
Cross-check
unavailable
okx-dex: no aggregator quotes in the bundle
Executable depth is on rung 2 for this asset: the tick-walk stands on its own until the aggregator answers again.

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
24.781062
Sources used: yahoo:chart:2097.HK, yahoo:chart:HKD=X
Pool
24.730622
Time-weighted average over 900s along 0x94D6…c3b8
Dispersion
0.204%
Within the guard.
Regime haircut
1.602%
Credit Mark
24.334494
Band 24.091149 to 24.730622. 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 2026-09-18 08:10 UTC
Next transition
pre open
2026-09-21 01:00 UTC · in 1h 07m
Next weakening
lunch break
2026-09-21 04:00 UTC
The deadline a Session Max position must cure by.
Last Call window
closed
2026-09-21 03:30 UTC to 2026-09-21 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
2026-09-20 23:45 UTCReference closed24.334540.00%45.00%4.2k0xaca0…57d3
2026-09-20 23:35 UTCReference closed24.334540.00%45.00%4.2k0x3a62…0bfb
2026-09-20 23:25 UTCReference closed24.334540.00%45.00%4.2k0x0999…d3b8
2026-09-20 23:15 UTCReference closed24.335040.00%45.00%4.2k0xc779…018d
2026-09-20 23:05 UTCReference closed24.334540.00%45.00%4.2k0xd8ba…95d3
2026-09-20 22:55 UTCReference closed24.335140.00%45.00%4.2k0x8560…33d3
2026-09-20 22:46 UTCReference closed24.334540.00%45.00%4.2k0x6243…4cd4
2026-09-20 22:35 UTCReference closed24.334540.00%45.00%4.2k0x1d1a…8f15
2026-09-20 22:25 UTCReference closed24.334540.00%45.00%4.2k0x14e0…84df
2026-09-20 22:15 UTCReference closed24.334040.00%45.00%4.2k0x2dbf…ed59
2026-09-20 22:05 UTCReference closed24.333940.00%45.00%4.2k0x851f…03b4
2026-09-20 21:55 UTCReference closed24.334740.00%45.00%4.2k0x709e…a119
2026-09-20 21:45 UTCReference closed24.334040.00%45.00%4.2k0xc8e9…a5eb
2026-09-20 21:35 UTCReference closed24.334040.00%45.00%4.2k0x776d…0166
2026-09-20 21:25 UTCReference closed24.334040.00%45.00%4.2k0xeb72…d2fb
2026-09-20 21:15 UTCReference closed24.334040.00%45.00%4.2k0x0e4f…eb74
2026-09-20 21:05 UTCReference closed24.333440.00%45.00%4.2k0x19e8…a607
2026-09-20 20:54 UTCReference closed24.333440.00%45.00%4.2k0x8325…b4f4
2026-09-20 20:44 UTCReference closed24.333440.00%45.00%4.2k0xe498…fd2c
2026-09-20 20:34 UTCReference closed24.333440.00%45.00%4.2k0x603e…4445
2026-09-20 20:24 UTCReference closed24.333440.00%45.00%4.2k0x5773…f9c3
2026-09-20 20:14 UTCReference closed24.333440.00%45.00%4.2k0xa993…7b51
2026-09-20 20:04 UTCReference closed24.333440.00%45.00%4.2k0x7c06…2583
2026-09-20 16:33 UTCReference closed24.333640.00%45.00%4.2k0x9514…057a
2026-09-20 16:23 UTCReference closed24.333640.00%45.00%4.2k0xa467…d2ca

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