SLVx

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

58.734954

band 58.1476 to 59.9300

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

3,161.63

In USDG, the total debt this asset may support.

Executable depth at 1%

4,215.50

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, 4m 10s ago. transaction

Input bundle

0xc780ca29…e0bcf4ad

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

4,215.50 at 1%

C(0.5%) 1,941.41 · C(3%) 13,518.77 · fragmentation factor 1 applied across eligible venues.

Cross-check

4,215.50

simulated 4,215.50 against okx-dex:v6-quote 4,186.05, a difference of 0.704%

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

59.930000

Excluded: xstocks:price-data (stale by 77280s)

Sources used: yahoo:chart:SLV

Pool

60.522178

Spot along 0xd510…0d40

Dispersion

0.988%

Within the guard.

Regime haircut

1.994%

Credit Mark

58.734961

Band 58.147611 to 59.930000. 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

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

Next transition

pre open

2026-09-21 08:00 UTC · in 8h 10m

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.