INDEPENDENT ANALYTICS · NOT THE OFFICIAL NETNET INTERFACE

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ON-CHAIN RESERVES, SUPPLY & PRODUCT ACTIVITY · ROBINHOOD CHAIN · READ-ONLY
CORE SNAPSHOT · CONNECTING
SECTIONS
01 · PROTOCOL

CORE RESERVE GROWTH VS NET SUPPLY GROWTH

CORE RESERVE VALUE (RFV) · RWA SLEEVE EXCLUDEDCORE SNAPSHOT PENDINGCONNECTING
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.

Bond capacity and confirmed purchases · rolling 30D

30-day confirmed bond purchase tapeWHAT IT ISConfirmed purchases in the rolling 30-day index window from both the standard BondDepository and the separate RWA Desk, decoded into buyer, route, input, NET payout, and destination of funds.HEALTHIERStandard bonds add core RFV. RWA Desk subscriptions add only the shown remittance to core RFV; the remaining USDG buys the named sleeve asset.WATCH OUTThe window is anchored to the displayed indexed-through timestamp, not the viewer's clock. Both NET payouts vest for two days; sleeve assets are team-custodied and are not core backing.
CAPITAL SCOPEMIXED · CORE TREASURY + TEAM-CUSTODIED RWA SLEEVEEach route below identifies where buyer funds land and whether NET is newly minted or drawn from Desk inventory.
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.
WHERE BOND PROCEEDS GO
RWA DESK
INVENTORY PRELOADManager pays $1 / NET to Core TreasuryPre-exercised NET is placed on Desk
BUYER PAYS USDGReserve remittance → Core TreasuryRemainder → selected stock → RWA Sleeve
BUYER RECEIVES NETFrom existing Desk inventory · vests 2 daysStock stays in team-custodied sleeve · not core reserve backing
STANDARD BOND
BUYER PAYSUSDG or NET / USDG LP
CORE TREASURY RECEIVES ITNo stock or RWA purchase occurs
BUYER RECEIVES NEW NETMinted by BondDepository · vests 2 days
LOADINGUNAVAILABLE PURCHASESROLLING 30D · — STANDARD · — RWA · TOTALS WITHHELDSTANDARD · CORE RESERVE— CORE TREASURY INFLOW— NET NEWLY MINTEDRWA DESK · STOCK SLEEVE— STOCK— CORE · — NET INVENTORY
INDEXING CONTRACT GENERATIONSPAGE 1 · NEW CONFIRMED ROWS AUTO-APPLYVIEW NOT YET INDEXED · 0 BLOCK CONF.WINDOW PENDING → PENDING UTC · INDEXED — · LAG UNKNOWN · INITIAL CHECK · AUTO 45S
30D PURCHASE TAPENEWEST CONFIRMED FIRST · 0 ROWS ON THIS PAGE · — MATCHING · PENDING → PENDING UTC
LOADING · READING INDEXED BOND PURCHASES…

Standard rows add the shown value to Core Treasury and mint NET. RWA rows show the exact stock symbol and USDG routed into that stock; only the smaller remittance enters Core Treasury and core reserve value, while NET comes from existing Desk inventory. Sleeve assets are not core reserves.


RWA INVENTORY SELL-OUT TIME · ROLLING 30D30-day RWA inventory sell-out timeWHAT IT ISElapsed time from every manager inventory refill returned in the rolling 30-day index window until the official app became unavailable, reconstructed from confirmed RWA Desk purchases. Shorter bars cleared faster.HEALTHIERFaster sell-outs indicate stronger demand for the available RWA bond inventory, though they are not a reserve-health signal.WATCH OUTSold out uses the app cutoff below 0.3% of configured inventory, not literal zero. Topped-up and open cycles are not included in clear-time averages. Time of day, refill size, and quote quality affect comparisons.V1 + V2 PARTIAL HISTORY WITHHELD · NO ZERO ACTIVITY INFERREDV1 + V2 INDEXING
LATEST 3 SELL-OUT AVG—V1 + V2 COVERAGE REQUIREDPRIOR SELL-OUT AVG—PARTIAL HISTORY WITHHELD30D REFILLS—PARTIAL COUNTS WITHHELDMEDIAN SELL-OUT—AWAITING COMPLETE HISTORY
RWA Desk V1 and V2 source coverage is incomplete. Partial release counts and durations are withheld.
RWA RELEASE HISTORY BUILDING · V1 + V2 PARTIAL DATA WITHHELD
CUTOFF APP UNAVAILABLE BELOW 0.45 NET · FILLS / GROSS STOP AT APP CUTOFFSCALE 0–12H LINEAR · 3H TICKS · 12H+ · TOPPED UP · WINDOW PENDING → PENDING UTC · V1 + V2 GENERATION-SCOPED

RWA stock sleeve · non-Core memo

RWA stock sleeveWHAT IT ISThe October 13 v6 publisher recipe adds Sleeve-held LOSE and the team Safe's LOSE/USDG LP at reserve spot. The LP's USDG is cash; wallet and LP LOSE are other-token exposure. Historical v5 includes Loopback collateral less debt but omits LOSE; v4 omits Loopback, and v3 also omits Advance. NET-family assets retain the source-verified pair-oracle TWAP mark. Publisher assets are not exhaustive economic net equity; stock, gross-asset and net-equity diagnostics remain separate.HEALTHIERRecognized assets, fresh marks, and complete balance coverage make the sleeve easier to audit; this is not a Core health score.WATCH OUTThe sleeve is excluded from Core RFV and Core NAV per NET. Gross stock exposure excludes cash and borrowed proceeds; net sleeve equity deducts associated Morpho debt from cash-inclusive gross assets once.
LOADING SLEEVE HOLDINGSAWAITING FIRST FIXED-BLOCK SNAPSHOT
CAPITAL SCOPETEAM-CUSTODIED · EXCLUDED FROM CORE RFV AND CORE NAV PER NETVIEW SLEEVE ↗

SUPPORTED VERSIONED SLEEVE MEMO

RECIPE UNAVAILABLE · NOT CORE RFV
DATED MEMO SUBTOTAL—INCOMPLETE · UNKNOWN SUBTOTAL WITHHELD
PREDICT HOUSE VAULT—SLEEVE CLAIM · ASSETSOF
THE BOOK HOUSE POT—WSNET × STAKING INDEX × NET ORACLE TWAP
OWN-TOKEN CONTRIBUTION—DIRECT + THE BOOK + V4 + ADVANCE INVENTORY · NOT EXTERNAL BACKING

RECIPE UNAVAILABLE. Not exhaustive assets or economic net equity. Recipe reviewed unavailable; historical recipes do not claim current publisher parity. Own-token exposure is not external backing.

Publisher scope reviewed unavailable. A recipe match is not a claim that independently refreshed headlines share a block or price.

DATED MEMO INPUTS INCOMPLETE · Awaiting verified supported vault, TURBO, Predict, THE BOOK, Asset Bond Desk, own-token balances, positions and marks. Unknown amounts are not zero.

Supported dated sleeve breakdown
WALLET STOCKS—WALLET USDG—NNUSDG VAULT DEPOSIT—MORPHO COLLATERAL—LESS STORED MORPHO DEBT—V3 LP PRINCIPAL AT OFFICIAL MARKS—V4 LP PRINCIPAL AT OFFICIAL MARKS—V4 WSNET LEG · SUBSET OF LP PRINCIPAL—TURBO POTS AND PREMIUMS—PREDICT HOUSE VAULT—THE BOOK HOUSE POT VALUE—ASSET BOND DESK HOLDINGS—DIRECT NET / SNET / WSNET—LOOPBACK PLEDGED OWN-NET COLLATERAL · INCLUDED—LESS LOOPBACK BORROWED USDG DEBT · ONCE—SLEEVE LOSE · OTHER TOKEN—TEAM SAFE LOSE / USDG LP · INCLUDED ONCE—LP USDG CASH · SUBSET OF LOSE LP—LP LOSE OTHER TOKEN · SUBSET OF LOSE LP—LOSE RESERVE SPOT · USDG / LOSE—SLEEVE LOSE BALANCE— LOSETHE BOOK HOUSE POT— wsNETTHE BOOK FREE POT— wsNETTHE BOOK RESERVED · SUBSET OF HOUSE— wsNET

The dated recipe uses raw feed marks for wallet stocks and Morpho collateral, UI-multiplier marks for LP/TURBO stock legs, and TWAP-first marks for Asset Bond Desk holdings. V4 contributes principal only. nnUSDG uses convertToAssets; Predict uses assetsOf. Stored debt is deducted without further accrual; uncollected LP fees and TURBO fee buckets are excluded. Reserved TURBO pots are gross, without deducting card liabilities. Direct NET-family, THE BOOK and V4 wsNET are own-token exposure, not external backing. Reserved BOOK wsNET and the V4 own-token subtotal are already included, not additive.

LOSE evidence is unavailable in this observation; unknown holdings are not zero. LOSE wallet and LP token value are other tokens, not stocks or own NET. LP USDG is cash. LP leg values are included in the LP total, not additional assets.

NET Advance · — publisher contribution
UNALLOCATED HOUSE CASH—PRINCIPAL RECEIVABLE—OWN-TOKEN INVENTORY · INCLUDED—TREASURY ESCROW · EXCLUDED—TREASURY PAYABLE · EXCLUDED—CUSTOMER COLLATERAL · EXCLUDED— wsNET

Complete same-block Advance evidence unavailable. Each open unpaid lock contributes floor((owed − paid) × 10000 / 11500); paid mixes cash and collateral credit. Customer locks and Treasury obligations are not publisher assets; Desk inventory is own-token exposure. House wallet cash is already counted elsewhere. No amount is a claim of net economic equity.

Direct NET / sNET / wsNET · own-token contribution included in memo
DIRECT NET— NETDIRECT SNET— sNETDIRECT WSNET— wsNETNET EQUIVALENT— NETESTIMATED VALUE · INCLUDED IN MEMO—

Direct sleeve balances only, separate from THE BOOK, v4 LP and Loopback custody. NET equivalent = NET + sNET + wsNET × same-block staking index, marked at the source-verified pair oracle TWAP. Own-token exposure is not external backing and remains excluded from Core RFV. Custody subtotals are already included, not additive.

DIRECT OWN-TOKEN VALUATION UNAVAILABLE · Awaiting verified balances, staking index and recipe-specific NET mark. Unknown amounts are not zero.

Loopback · pledged own-NET collateral less borrowed debt
PLEDGED COLLATERAL · NOT WALLET STOCK— wsNETPLEDGED NET EQUIVALENT— NETGROSS OWN-TOKEN VALUE · INCLUDED—BORROWED USDG LIABILITY · DEDUCTED—

Pledged wsNET belongs to the own-token memo, not external Core backing or stock exposure. Gross collateral is included once in the own-token subtotal; borrowed debt is deducted once from the memo total. Borrowed proceeds already held in supported accounts are not added again.

Loopback recipe evidence unavailable; unknown amounts are not zero.

The supported dated memo is distinct from gross stock, recognized gross-asset and net-equity diagnostics below. These measures have different scopes and debt treatment; do not add them together. None establishes exhaustive current ecosystem assets. All sleeve measures remain outside Core RFV.

GROSS STOCK EXPOSUREGross RWA stock exposureWHAT IT ISDirect stock tokens plus LP stock principal, claimable stocks and Morpho-pledged stock collateral, valued at one confirmed block.HEALTHIERComplete collateral coverage and valid stock marks make the exposure auditable; a larger gross total is not automatically healthier.WATCH OUTCash and borrowed proceeds are excluded. Debt is not subtracted from gross stock exposure; net equity deducts Morpho debt from gross sleeve assets once. Pledged stocks are encumbered and not Core backing.—DIRECT + LP STOCKS + MORPHO PLEDGED STOCKS
RECOGNIZED GROSS ASSETS—STOCKS AND CASH · BEFORE DEBT
ASSOCIATED MORPHO DEBT—INCLUDING INTEREST THROUGH THIS BLOCK
NET SLEEVE EQUITY—GROSS ASSETS LESS MORPHO DEBT ONCE
DIRECT STOCKS—LP STOCK PRINCIPAL—LP CLAIMABLE STOCKS—MORPHO PLEDGED STOCKS—

Gross stock exposure excludes all cash and borrowed proceeds; debt is not subtracted from stocks. Morpho collateral is pledged, not freely available backing. Direct USDG cash: unavailable. Unknown direct assets: unavailable; excluded from recognized value.

DIRECT TOKEN HOLDINGS

LP AND MORPHO EXPOSURE SHOWN ABOVE
LOADING DIRECT TOKEN DISCOVERY · NO EMPTY HOLDINGS INFERRED

ROLLING 30D STOCK PURCHASES

PENDING → PENDING UTC
USDG ROUTED TO STOCK—PURCHASES—
30D PURCHASE MIX UNAVAILABLE · CURRENT HOLDINGS REMAIN INDEPENDENT
Awaiting the rolling 30-day RWA purchase index.
BALANCES AND 30D PURCHASE FLOWS ARE DIFFERENT MEASURES · NEVER ADDED TO CORE RESERVESDIRECT TOKEN DISCOVERY + OWNED LP POSITIONS + MORPHO MARKETS · UNKNOWN TOKENS REMAIN UNVERIFIED

Turbo · leveraged card desk

Turbo long-dated deskWHAT IT ISLive series, card supply, prices, and payout reserve books read from the officially registered Turbo Long-Dated Desk. CALL cards are backed with the named stock token and PUT cards with USDG.HEALTHIERFresh marks, open operations, and independently reconciled reserve balances at or above booked liabilities are the useful health signals.WATCH OUTNetNet's official registry and Turbo documentation publish the Desk and feed adapter, and the Desk Solidity source is verified on Blockscout. Management may list series and halt new sales; cash-outs, knock-outs, expiry, and claims remain available.
CONNECTING TO TURBOREADING DIRECT CONTRACT STATEOFFICIALLY REGISTERED · LONG-DATED DESK · SOURCE VERIFIEDAWAITING FIRST DIRECT READOPEN TURBO ↗
CAPITAL SCOPEMANAGER CAPITALTurbo stock and USDG books secure crash-card liabilities. They do not back NET and are excluded from core reserve value.
PAYOUT RESERVE COVERAGETurbo payout reserve coverageWHAT IT ISThe lowest independently calculated ratio of the Desk's booked payout reserve to the inventory required by outstanding cards. CALL books use stock tokens; PUT books use USDG. The asset cards separately reconcile custody balances to all books.HEALTHIERAt least 100% means booked payout reserves meet the full card liability; the asset cards should also report a custody match.WATCH OUTThis is manager-funded Turbo capital, not core Treasury property. It does not back NET and is excluded from core RFV and NAV.—AWAITING DIRECT CONTRACT READ
OPEN SERIES—NO SERIES COUNT INFERRED
CARDS SOLDTurbo cards soldWHAT IT ISThe sum of cards sold across every series currently returned by the Turbo contract.HEALTHIERMore sales indicate product usage, not necessarily stronger reserve health or more core protocol revenue.WATCH OUTSold is cumulative series activity. It includes cards later cashed out, knocked out, or expired.—CUMULATIVE CONTRACT SERIES ACTIVITY
CARDS OUTSTANDINGTurbo cards outstandingWHAT IT ISCard tokens still outstanding across the desk and therefore associated with current payout-reserve obligations.HEALTHIERThis is liability scale rather than a directional health score; reserve coverage should be read alongside it.WATCH OUTA knock-out, cash-out, or expiry claim can change the outstanding count and reserve composition.—CURRENT CARD CLAIMS
UNSOLD CARDSTurbo card capacity remainingWHAT IT ISUnsold card slots across open series: each series' maximum cards minus cards already sold.HEALTHIERMore capacity means more card inventory is available, not that the protocol is better capitalized.WATCH OUTSales halts, leverage drift, pending knock checkpoints, and off-hours limits can make immediately buyable capacity lower.—SERIES LIMIT MINUS SOLD · LIVE RULES MAY REDUCE AVAILABILITY
V1.1 ACTIVITYDEPLOYMENT → CONFIRMED BLOCKDESK FLOWS · NOT CORE REVENUEBUYS—SUCCESSFUL PURCHASE EVENTSBUYER PAID—USDG INTO TURBO DESKCONTRACT CASH-OUTS—SUCCESSFUL CASH-OUT EVENTSPAYOUT VALUE—AT EVENT PRICE · NOT TREASURY SPENDTURBO PREMIUM BALANCE—DESK BALANCE · NOT CORE REVENUE
OPEN SERIES · KNOCK-OUT RISKCLOSEST TO KNOCK-OUT FIRST · DIRECTION COLOR IS NOT A HEALTH SCORE
READING TURBO SERIES FROM THE CONTRACT
CONFIRMED TURBO TRANSACTIONSREADING V1.1 BUY AND CASH-OUT EVENTSAWAITING FIXED BLOCKV1.1 DEPLOYMENT → CONFIRMED BLOCK · AUTO 60SSQLITE HISTORY · UNAVAILABLE · NO VERIFIED CUTOFF
V1.1 BUY / CASH-OUT TAPE · NEWEST FIRSTBUYS ARE USDG IN · CASH-OUTS RETURN STOCK OR USDG · CONFIRMED CONTRACT EVENTS
READING CONFIRMED TURBO BUY / CASH-OUT EVENTS

CONFIRMED CONTRACT EVENTS ONLY: a buy records USDG paid into the manager-funded Turbo Desk; a cash-out records stock or USDG returned to the wallet. These flows are not Core Treasury inflows or NET backing. Failed transactions and unexecuted quotes are excluded.

TURBO CARD SUPPLY · LATEST CARD RELEASEMOST CONSUMED FIRST · ONE FIXED 0–100% SCALE · CARD COUNTS, NOT RISK VALUENEXT RELEASENO ON-CHAIN SCHEDULEPACEAWAITING CARD RELEASE DATA
CARDS SOLDTurbo cohort sell-throughWHAT IT ISCumulative cards sold divided by the sum of the latest release cohort's fixed per-series card limits.HEALTHIERHigher sell-through indicates more demand for this card cohort; it is a usage measure, not a reserve-health score.WATCH OUTCash-outs do not reverse cumulative sold. A future manager-created cohort would add new capacity and must not be mistaken for a refill of these series.—AWAITING FIXED-BLOCK CARD RELEASE DATAOUTSTANDING CARDSTurbo live outstanding cardsWHAT IT ISCards from the latest release cohort that remain outstanding and therefore still carry a live contract claim.HEALTHIERThis is liability scale rather than a directional health score; compare it with the payout reserve book.WATCH OUTCash-outs and claims reduce outstanding cards. They do not restore the series' cumulative sale capacity.—LIVE CLAIM SHARE UNAVAILABLERETIRED CARDSTurbo retired card capacityWHAT IT ISCumulative cards sold minus cards still outstanding for the latest release cohort.HEALTHIERThis is lifecycle context, not a health score.WATCH OUTRetired capacity can include cash-outs and, in future, other completed card lifecycles. It is not re-opened for sale in the observed series.—SOLD, NO LONGER OUTSTANDING · NOT REOPENEDUNSOLD IN OPEN SERIESTurbo open unsold capacityWHAT IT ISMaximum cards minus cumulative sold cards for series that remain open in the latest release cohort.HEALTHIERMore unsold capacity means more cohort inventory remains, not that more is immediately purchasable.WATCH OUTA sales halt, blocked quote, pending knock, or active off-hours window can make buyable-now capacity lower or zero.—IMMEDIATE AVAILABILITY UNAVAILABLETurbo cards buyable nowWHAT IT ISImmediate contract allowance after the current series state, halt state, quote state, and any active off-hours window cap.HEALTHIERThis is availability context rather than a protocol-health score.WATCH OUTThe off-hours counter is applied only when that window is active. It is a subset of total unsold cards, never additional supply, and it may reset without creating a new cohort.
OUTSTANDING RETIRED UNSOLDFIXED-BLOCK SERIES STATE
READING LATEST TURBO CARD RELEASE
CARD COUNTS SHOW SUPPLY, NOT RISK-WEIGHTED DOLLARS · CALL AND PUT CARDS ARE NOT ECONOMICALLY EQUIVALENT · CASH-OUTS REDUCE OUTSTANDING BUT DO NOT RESTORE SERIES CAPACITYLATEST CARD RELEASE ONLY · THE OPEN SERIES TABLE ABOVE REMAINS AUTHORITATIVE FOR ALL OPEN SERIES ACROSS RELEASESNEXT RELEASE · NO ON-CHAIN SCHEDULE · MANAGEMENT MUST LIST FRESH SERIES · OFF-HOURS WINDOW ALLOWANCE MAY RESET WITHOUT CREATING MORE TOTAL CARDSFIXED CONFIRMED BLOCK — · NO SELL-OUT ETA OR ROLLING HISTORY INFERRED
PAYOUT RESERVES BY ASSETCALLS IN STOCK · PUTS IN USDG · TURBO PREMIUM BALANCE IS NOT CORE REVENUE
RECONCILING CONTRACT BALANCES WITH BOOKED RESERVES
MECHANICS ONE QUALIFYING TOUCH OF THE KNOCK-OUT MAKES A CARD PAY ZERO · LEVERAGE IS RISK SENSITIVITY, NOT APY OR EXPECTED RETURNPROVENANCE OFFICIAL REGISTRY + DOCUMENTATION · LONG-DATED TURBODESK · BLOCKSCOUT SOURCE VERIFIED · MANAGEMENT MAY LIST SERIES OR HALT NEW SALES ONLY

Game activity · 24H

On-chain game activityWHAT IT ISConfirmed game events across seven programs. ACTIVE includes settlements and voids even without new placements; qualifying actions and their unique wallets are counted separately. The flow ledger totals explicit player payouts and attributed ERC-20 transfers into Core Treasury. DIAL-UP counts Dialed actions; lifetime accounting and bankroll diagnostics do not follow the rolling selector.HEALTHIERMore qualifying actions and broader player participation indicate product usage; settlement-only activity does not mean new bets or new users.WATCH OUTCurrent-mark USDG activity is not revenue. Player payouts and Core receipts are independent gross flows, not an input-minus-payout profit equation. Native fees, refunds and beacon rounds retain separate evidence coverage; bankroll reads are independently anchored snapshots, not a fairness certification.
ON-CHAIN GAME ACTIVITYPENDING → PENDING UTC · CONFIRMED EVENTS · ACTIONS COUNTED SEPARATELY
CONNECTINGAWAITING FIRST INDEX SNAPSHOT · AUTO 60S
CAPITAL SCOPEPROGRAM BANKROLLS · NOT CORE TREASURY BY DEFAULTOnly transfers explicitly attributed to Core Treasury count as Core Treasury inflows; player funding, payouts and stock sleeves remain separate.

DAILY UNIQUE ACTIVE WALLETS

Daily unique active walletsWHAT IT ISThe union of addresses completing qualifying game actions on each completed UTC day; an address is counted once across all games.HEALTHIERSustained growth across several games indicates broader product use.WATCH OUTWallets are addresses, not verified people. Bots and contracts may appear, per-game counts overlap, and partial days stay unavailable.
ALL-GAME ADDRESS UNION · COMPLETE UTC DAYS · NOT A SUM OF GAME COUNTS
LOADING DAILY WALLET HISTORY
AWAITING 30 COMPLETED UTC DAYS FROM THE GAME INDEX · NO ZERO VALUES INFERRED
NO COMPLETED UTC-DAY WALLET COUNT IS AVAILABLE YET
WALLETS ARE ADDRESSES, NOT VERIFIED PEOPLE · BOTS AND CONTRACTS MAY BE INCLUDED · PER-GAME COUNTS OVERLAP
QUALIFYING ACTIONS—PLACEMENTS / PROGRAM-SPECIFIC ACTIONSACTION WALLETS—UNIQUE QUALIFYING-ACTION ADDRESSES · NOT IDENTITIESESTIMATED ACTIVITY VALUE†—CURRENT MARK · NOT REVENUEPLAYER PAYOUTS‡—GROSS EXPLICIT PAYOUTSCORE TREASURY INFLOWS‡—GROSS ATTRIBUTED TRANSFERSLATEST EVENT—EVENT COVERAGE UNAVAILABLE
01 · GAMECOINflipINDEXING
PLACEMENTS
—
BET WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDGross COIN prizes settled · fees → team / sleeve, not core
24H · NATIVE EVENT EVIDENCEUNAVAILABLE · STALE
PLACEMENTS
—
SETTLEMENTS
—
VOIDS
—

Native evidence unavailable. Older index payloads do not establish zero amounts. Events are counted by their own timestamps, not by when a settled bet was placed.

Placement round cohorts · — known rounds

Beacon rounds group placements in this window. Settlements and voids may refer to earlier placements. Unknown legacy rounds are not assigned a fabricated cohort.

No known placement round cohorts available.

Units & evidence scope

Stake stays in the game's stock-token units, including USDG-funded bets. Fees and refunds retain their emitted currency; USDG fees are not stock stakes. Amounts are exact integer-derived values with trailing decimal zeros omitted. — means unknown. Refund principal and fee refunds are separate from the unchanged gross payout ledger and Core Treasury inflows. These fields are not net profit or a fairness certification.

Coinflip placements, settlements and voids

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING
02 · GAMESPACEX INVADERSINDEXING
PLACEMENTS
—
BET WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDGross SPCX prizes settled · fees → team / sleeve, not core
24H · NATIVE EVENT EVIDENCEUNAVAILABLE · STALE
PLACEMENTS
—
SETTLEMENTS
—
VOIDS
—

Native evidence unavailable. Older index payloads do not establish zero amounts. Events are counted by their own timestamps, not by when a settled bet was placed.

Placement round cohorts · — known rounds

Beacon rounds group placements in this window. Settlements and voids may refer to earlier placements. Unknown legacy rounds are not assigned a fabricated cohort.

No known placement round cohorts available.

Units & evidence scope

Stake stays in the game's stock-token units, including USDG-funded bets. Fees and refunds retain their emitted currency; USDG fees are not stock stakes. Amounts are exact integer-derived values with trailing decimal zeros omitted. — means unknown. Refund principal and fee refunds are separate from the unchanged gross payout ledger and Core Treasury inflows. These fields are not net profit or a fairness certification.

Invasion placements, settlements and voids

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING
03 · GAMEMSFT FLIGHT SIMULATORINDEXING
PLACEMENTS
—
BET WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDGross MSFT prizes settled · fees → team / sleeve, not core
24H · NATIVE EVENT EVIDENCEUNAVAILABLE · STALE
PLACEMENTS
—
SETTLEMENTS
—
VOIDS
—

Native evidence unavailable. Older index payloads do not establish zero amounts. Events are counted by their own timestamps, not by when a settled bet was placed.

Placement round cohorts · — known rounds

Beacon rounds group placements in this window. Settlements and voids may refer to earlier placements. Unknown legacy rounds are not assigned a fabricated cohort.

No known placement round cohorts available.

Units & evidence scope

Stake stays in the game's stock-token units, including USDG-funded bets. Fees and refunds retain their emitted currency; USDG fees are not stock stakes. Amounts are exact integer-derived values with trailing decimal zeros omitted. — means unknown. Refund principal and fee refunds are separate from the unchanged gross payout ledger and Core Treasury inflows. These fields are not net profit or a fairness certification.

Flight placements, settlements and voids

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING
04 · GAMEThe SuperstoreINDEXING
ACTIONS
—
ACTION WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDBox awards / deliveries · backing fee → core · stock leg is not core

Store interactions

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING
05 · GAMEWinNETINDEXING
ACTIONS
—
ACTION WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDPaid NET prize events from one indexed contract · burn / pot are not core receipts

Indexed entries and paid-prize events from one contract

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING
06 · GAMECLIMB, INC.INDEXING
ACTIONS
—
ACTION WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDJackpot asset payouts · penalties stay in jackpot pool, not core

Recorded climb attempts

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING
07 · GAMEDIAL-UP.EXEINDEXING
ACTIONS
—
ACTION WALLETS
—
ESTIMATED ACTIVITY VALUE†
—
ALL EVENTSEVENT COVERAGE UNAVAILABLE
PLAYER PAYOUTS‡—FLOW INDEX PENDING
CORE TREASURY INFLOWS‡—FLOW INDEX PENDING
WHAT IS COUNTEDOrdinary + jackpot wsNET payouts (stake included) · withdrawals separate · house kept is not core receipts

Confirmed Dialed rounds · lifetime accounting below

EVENT COVERAGE UNAVAILABLEEXPLORER LINK PENDING

BANKROLL & PENDING SETTLEMENTS

COINflip · INVADERS · FLIGHT · READ-ONLY CONTRACT STATE
UNAVAILABLE
ROBINHOOD CHAIN · SOURCE BLOCK / TIME UNAVAILABLESNAPSHOT AGE UNKNOWN · STALE AFTER 3 MIN · NOT FILTERED BY 24H / 7D / 30D

Independent same-block bankroll reads and unresolved indexed bets across the full indexed history. This is a recorded snapshot, not a live quote. Missing reads remain —. Pending and overdue counts are not a claim that a transaction can settle or be voided now.

COINflipUNAVAILABLE

TOKEN / AMOUNTS UNAVAILABLE

House fund
—
Reserved payout
—
Free bankroll
—
Maximum payout
—
Halted
—
Pending bets
—
Overdue bets
—
Oldest pending
—
Pending beacon rounds · — known rounds

No known round diagnostics. Missing legacy rounds or reads remain unknown.

SPACEX INVADERSUNAVAILABLE

TOKEN / AMOUNTS UNAVAILABLE

House fund
—
Reserved payout
—
Free bankroll
—
Maximum payout
—
Halted
—
Pending bets
—
Overdue bets
—
Oldest pending
—
Pending beacon rounds · — known rounds

No known round diagnostics. Missing legacy rounds or reads remain unknown.

MSFT FLIGHT SIMULATORUNAVAILABLE

TOKEN / AMOUNTS UNAVAILABLE

House fund
—
Reserved payout
—
Free bankroll
—
Maximum payout
—
Halted
—
Pending bets
—
Overdue bets
—
Oldest pending
—
Pending beacon rounds · — known rounds

No known round diagnostics. Missing legacy rounds or reads remain unknown.

How to interpret this snapshot

House fund, reserved payout, free bankroll and maximum payout describe the game bankroll, not Core Treasury. Halted reflects the contract flag only; NO does not guarantee betting or settlement succeeds. Overdue means an unresolved bet's known beacon due time is strictly before the snapshot timestamp, not wall-clock time. Signature availability reports the registry's hasSig read, not external beacon retrieval, proof authentication, successful settlement or guaranteed void eligibility. No signing, settlement or void transaction is performed by this monitor.

† ACTIVITY CURRENT-MARK USDG VALUES ARE DESCRIPTIVE ACTIVITY · NOT FEES, TREASURY INFLOW OR PROTOCOL REVENUE‡ FLOW LEDGER EVENT-TIME PAYOUTS AND CORE TREASURY INFLOWS ARE INDEPENDENT CONFIRMED ON-CHAIN FLOWS · PAYOUTS MAY BE CREDITED / VESTING, NOT WALLET CASH · ≈ CURRENT-MARK ESTIMATE · ≥ PARTIALLY MARKEDINDEX SCOPE SEVEN PROGRAM ADDRESSES · ORIGINAL SIX PRIMARY CONTRACTS ARE BLOCKSCOUT SOURCE-VERIFIED · DIAL-UP USES THE OFFICIAL APP ABI CROSS-CHECKED AGAINST CHAIN EVENTS, NOT VERIFIED SOLIDITY; ONLY DIALED QUALIFIES AS A ROLLING ACTION / ACTIVE WALLET · BLACKJACK AND BUTTON NOT INCLUDED · WINNET COVERS ENTRY AND PAID-PRIZE EVENTS FROM ONE CONTRACT, NOT ITS DRAW-CONTROLLER · FUTURES EXCLUDED (tNET TEST) · LOOPBACK EXCLUDED (LENDING) · PROGRAMS COUNT ONLY AFTER ON-CHAIN LAUNCH

DIAL-UP.EXE · LIFETIME DESK

DIAL-UP lifetime accountingWHAT IT ISDeployment-to-confirmed-block game history and same-block desk balances. Player wallets are unique Dialed addresses. Successful transactions count distinct transactions emitting indexed desk events, including non-player operations; not every attempted transaction.HEALTHIERComplete history, fresh confirmed state and matched reconciliation make the accounting more interpretable. Wallets are not verified people.WATCH OUTIndependent of the 24H / 7D / 30D selector. House kept is net of jackpot allocations, not Core Treasury receipts or net operating profit. The official app ABI is cross-checked with chain events; Solidity source is not verified.
ALL TIME SINCE DEPLOYMENT · NOT THE ROLLING WINDOW ABOVE
LOADING LIFETIME INDEXSOURCE BLOCK UNAVAILABLE · SOURCE TIME UNAVAILABLEAUTO REFRESH 60SRECONCILIATION UNAVAILABLE

Awaiting complete lifetime coverage. Missing values remain —, never zero.

PLAYER WALLETS
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Unique Dialed addresses · not people
SUCCESSFUL TRANSACTIONS
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Distinct event-emitting desk transactions
ROUNDS DIALED
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— open · — settled · — voided
NET HOUSE KEPTNET HOUSE KEPTWHAT IT ISAfter jackpot allocations · excludes capital funding No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
After jackpot allocations · excludes capital funding
TOTAL PLAYER PAYOUTSTOTAL PLAYER PAYOUTSWHAT IT ISOrdinary + jackpot · stake included · not withdrawals No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Ordinary + jackpot · stake included · not withdrawals
CURRENT JACKPOT POTCURRENT JACKPOT POTWHAT IT ISCurrent balance · not cumulative earnings No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Current balance · not cumulative earnings

PLAYER CASH & SETTLEMENTS

PLAYER DEPOSITSPLAYER DEPOSITSWHAT IT ISCumulative funding into player accounts No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Cumulative funding into player accounts
PLAYER WITHDRAWALSPLAYER WITHDRAWALSWHAT IT ISCash leaving player accounts · not payout awards No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Cash leaving player accounts · not payout awards
CURRENT PLAYER BALANCESCURRENT PLAYER BALANCESWHAT IT ISUnwithdrawn player credit · excludes locked stakes No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Unwithdrawn player credit · excludes locked stakes
LOCKED STAKESLOCKED STAKESWHAT IT ISOpen-round exposure · not settled economics No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Open-round exposure · not settled economics
SETTLED STAKESSETTLED STAKESWHAT IT ISSettled rounds only · voids and open rounds excluded No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Settled rounds only · voids and open rounds excluded
ORDINARY PAYOUTSORDINARY PAYOUTSWHAT IT ISGross settled awards including returned stake No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Gross settled awards including returned stake
JACKPOT PAYOUTSJACKPOT PAYOUTSWHAT IT ISAdditional awards on top of ordinary payouts No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Additional awards on top of ordinary payouts

HOUSE CAPITAL & OUTCOMES

CURRENT HOUSE BANKROLLCURRENT HOUSE BANKROLLWHAT IT ISHouse pot balance · includes reserved exposure No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
House pot balance · includes reserved exposure
HOUSE FUNDINGHOUSE FUNDINGWHAT IT ISInitial + later house deposits · capital, not earnings No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Initial + later house deposits · capital, not earnings
HOUSE WITHDRAWALSHOUSE WITHDRAWALSWHAT IT ISCapital drawn out · not automatically Core receipts No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Capital drawn out · not automatically Core receipts
JACKPOT CONTRIBUTIONSJACKPOT CONTRIBUTIONSWHAT IT ISGame allocations · external jackpot seed excluded No confirmed amount available; no zero inferred.HEALTHIERRead the native wsNET accounting alongside its source block and reconciliation status.WATCH OUTUSDG equivalents use the current snapshot mark, not historical execution prices or realized USDG proceeds.
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USDG MARK UNAVAILABLE
Game allocations · external jackpot seed excluded
House keep / settled stakes
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Player return / settled stakes
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Paying rounds
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Losing rounds
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Top-tier finishes
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Jackpot hits
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Collectible hits
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Depositor wallets / deposit transactions
— / —
Withdrawer wallets / withdrawal transactions
— / —

ACCOUNTING, NOT CASH PROFIT. House kept = house bankroll + house withdrawals − house funding; jackpot allocations are already excluded. Funding and its price appreciation are not game earnings. House kept excludes operating costs and trading tax; it is not Core Treasury revenue.

READ THE UNITS. wsNET is the accounting evidence; use each metric’s help for exact amounts and sNET equivalents. USDG is a current-mark estimate, not realized proceeds. Payouts include stake and may remain player credit; withdrawals are separate. Voids refund stakes. Outcome counts can overlap; keep and return ratios need not sum to 100% because jackpot capital is separate.

CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.
05 · NET TOKEN

NET SUPPLY, DISTRIBUTION AND POLICY

CORE CONNECTING
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.

NET distribution and staking

NET distribution and stakingWHAT IT ISA fixed-block view of total and staked NET, included address positions, custody locations, concentration, and independently indexed stake and unstake events.HEALTHIERBroader distribution across included addresses and durable staking participation can indicate a healthier holder base, but neither has one ideal level.WATCH OUTToken balances are exact at the displayed block. Wallet-versus-contract labels use separately disclosed, rotating exact code evidence. The breakdown includes external accounts and the published team multisig; protocol, pooled, liquidity, program, and unclassified-contract custody is excluded.
CONNECTING TO ADDRESS INDEXADDRESS DISTRIBUTION IS NOT INFERRED WHILE INDEXING
NET POSITION ADDRESSESNET position addressesWHAT IT ISAddresses whose latest exact code evidence classifies them as external accounts, plus the published team multisig, with a visible direct NET or staking position at the indexed block.HEALTHIERMore included addresses can indicate broader participation.WATCH OUTAn address is not a person. Code classifications rotate on a bounded schedule and expose their oldest proof age; protocol, pooled, liquidity, program, and unclassified-contract custody is excluded from this count.—ADDRESS INDEX BUILDING
STAKING POSITION ADDRESSESStaking position addressesWHAT IT ISWallet addresses and the published team multisig with an explicit sNET or wsNET staking position, converted at the same-block staking index.HEALTHIERMore included staking addresses can indicate broader participation.WATCH OUTThe count excludes Staking self-inventory and wrapper backing custody. One person can use several addresses, and one address can represent several people.—ADDRESS INDEX BUILDING

CORE CONNECTING · Supply and staking totals await a verified snapshot. Address and activity feeds remain independent.

STAKING FLOWSStaking flowsWHAT IT ISConfirmed NET entering and leaving Staking during the selected trailing window. Net flow is gross staked minus gross unstaked.HEALTHIERSustained positive net flow can indicate growing participation; gross activity shows how actively positions are changing.WATCH OUTRebase growth is not a stake event. Partial windows stay blank rather than being reported as zero.CONFIRMED STAKE AND UNSTAKE EVENTS · NOT REBASE GROWTH · TRAILING 30D · INDEXING · VALUES WITHHELD
GROSS STAKEDGross NET stakedWHAT IT ISTotal NET entering Staking across confirmed stake calls in the selected window, before subtracting unstakes.HEALTHIERMore gross staked than gross unstaked produces positive net staking flow.WATCH OUTThis is activity, not revenue. One address can stake several times, and staking distributions are excluded.—FLOW INDEX BUILDING · NOT ZERO
GROSS UNSTAKEDGross NET unstakedWHAT IT ISTotal NET leaving Staking across confirmed unstake calls in the selected window, before netting against stakes.HEALTHIERLess gross unstaked than gross staked produces positive net staking flow.WATCH OUTThis is gross activity, not a unique-holder count or proof that the NET was sold.—FLOW INDEX BUILDING · NOT ZERO
NET STAKING FLOWNet staking flowWHAT IT ISGross NET staked minus gross NET unstaked during the selected trailing window.HEALTHIERPositive means more NET entered staking than left through confirmed calls.WATCH OUTIt is not the full change in staked NET because staking distributions are excluded.—FLOW INDEX BUILDING · NOT ZERO
CONFIRMED EVENTSConfirmed staking eventsWHAT IT ISThe number of confirmed stake and unstake contract calls in the selected trailing window.HEALTHIERMore events show activity, not necessarily healthier economics.WATCH OUTOne address can create many events, so this is not a user count.—FLOW INDEX BUILDING · NOT ZERO
ADDRESS BREAKDOWN SCOPEWALLETS + PUBLISHED TEAM MULTISIGProtocol, pooled, liquidity, program, and unclassified-contract custody is excluded. Addresses are not people; one person can use several addresses, while a Safe or smart account can represent several people. CODE CLASSIFICATION BUILDING.
CONNECTING TO ADDRESS INDEXTHE EXACT STAKING SUMMARY ABOVE REMAINS AVAILABLE. ADDRESS DISTRIBUTION, CONTRACT LABELS AND ADDRESS TAPES APPEAR ONLY AFTER THE FIXED-BLOCK INDEX RECONCILES.
LARGEST DIRECT NET BALANCESLargest direct NET balancesWHAT IT ISAddresses ranked by the NET tokens physically held at the indexed fixed block, with known protocol, pool, and program contracts labeled.HEALTHIERThis is a custody audit; use the included-address concentration view to assess distribution.WATCH OUTA large contract balance can represent many users. Direct NET excludes that address's separate staking claim.CUSTODY VIEW · PUBLISHED CONTRACTS VISIBLY LABELED
Largest direct NET balances at the indexed block
ADDRESS / LABELDIRECT NETTOTAL SUPPLY SHARE
BUILDING CONFIRMED ADDRESS INDEX · NO ZERO VALUES INFERRED
LARGEST STAKING POSITIONSLargest staking positionsWHAT IT ISAddresses ranked by explicit staked exposure from sNET plus wsNET converted at the same-block staking index.HEALTHIERA less concentrated staking base generally spreads participation more broadly.WATCH OUTThe ranking excludes the wrapper's backing custody and does not add the address's direct NET balance. Addresses are not verified people.RANKED BY NET UNDERLYING sNET AND wsNET POSITIONS · DIRECT NET EXCLUDED
Largest staking positions at the indexed block
ADDRESS / LABELUNDERLYING NETSTAKED NET SHARE
BUILDING CONFIRMED ADDRESS INDEX · NO ZERO VALUES INFERRED
RECENT STAKE AND UNSTAKE ACTIVITYRecent stake and unstake activityWHAT IT ISConfirmed Staking contract events retained for the rolling 30-day window and shown newest first.HEALTHIERConsistent activity can indicate an engaged staking base; net direction is summarized separately in Staking flows.WATCH OUTThe index is collecting forward from confirmed RPC history. Partial coverage is labeled and withheld from complete-window totals; older activity is not retained.ROLLING 30D CONFIRMED EVENTS · NEWEST FIRST · OLDER ACTIVITY NOT RETAINED · INDEXING · NO ZERO INFERRED
Recent NET stake and unstake events, newest first
UTC TIME / ADDRESSACTIONNETTRANSACTION
ACTIVITY INDEX BUILDING · NO ZERO INFERRED
ADDRESS VIEW CONCENTRATION COMBINES PROVEN DIRECT NET WITH STAKING POSITIONS FOR WALLETS AND THE PUBLISHED TEAM MULTISIG · PROTOCOL, POOLED, LIQUIDITY, PROGRAM AND UNCLASSIFIED-CONTRACT CUSTODY IS EXCLUDED · AN ADDRESS IS NOT A VERIFIED PERSONCUSTODY VIEW TOKEN LOCATION RECONCILES WHERE NET SITS ON-CHAIN; IT DOES NOT ASSIGN BENEFICIAL OWNERSHIP TO A POOL, VAULT OR STAKING CONTRACTACTIVITY SCOPE STAKE AND UNSTAKE FLOWS AND THE RECENT TAPE RETAIN ONLY THE ROLLING 30-DAY CONFIRMED WINDOW

Confirmed value-capture flows

Confirmed value-capture flowsWHAT IT ISSeparates Core fees, non-fee Core inflows, Core buyback spending and NET burns, and non-core RWA purchases.HEALTHIERRecurring Core fees, non-fee Core inflows considered alongside any issuance, and below-backing buybacks can improve value for NET holders when considered with their costs.WATCH OUTThese are different gross flows, not one revenue total. Do not add the buyback tape again, and do not treat non-fee Core inflows or non-core RWA purchases as fee revenue.
LOADING REQUESTED FLOW WINDOWAWAITING FIRST INDEX SNAPSHOT
ACCOUNTING SCOPECORE AND NON-CORE FLOWS SHOWN SEPARATELYCore fees and non-fee Core inflows are classified receipts, not a combined “protocol revenue” total. Core buyback spending and non-core RWA purchases remain separate.

DAILY CLASSIFIED VALUE FLOWS

Daily classified value flowsWHAT IT ISCore fees and non-fee Core inflows together show classified value entering Core Treasury. Non-fee inflows include bond principal and other confirmed receipts not classified as fee revenue. Core spending is shown separately. Non-core RWA purchases are outside Core.HEALTHIERRead classified Core inflows alongside issuance and liquidity used for buybacks; a larger inflow is not necessarily more fee revenue.WATCH OUTThis chart is not a complete reconciliation of Core reserve changes. Unclassified movements and valuation changes are not captured in these totals. Unknown components withhold the combined amount; ≥ marks a lower bound.
STACKED CORE INFLOWS · SEPARATE CORE BUYBACK SPENDING AND NON-CORE RWA PURCHASES
AWAITING COMPLETED-DAY VALUE FLOWS
Value (USDG)
$0$0.25$0.5$0.75$1
VALUE INDEX HAS NOT PUBLISHED A COMPLETED-DAY LEDGER · NO ZERO VALUES INFERRED
STACK = CLASSIFIED CORE INFLOWS CORE FEES NON-FEE CORE INFLOWS CORE BUYBACK SPENDING NON-CORE RWA PURCHASES
NO COMPLETED DAILY VALUE-FLOW ROW AVAILABLE YET

Core fees and non-fee Core inflows together show classified value entering Core Treasury. Non-fee inflows include bond principal and other confirmed receipts not classified as fee revenue. Core spending is shown separately. Non-core RWA purchases are outside Core.

This chart is not a complete reconciliation of Core reserve changes. Unclassified movements and valuation changes are not captured in these totals.

? / — = unknown; combined amount withheld. Hatched segments and ≥ indicate incomplete amounts. Zero requires complete source coverage. All amounts are USDG.

CORE FEESCore feesWHAT IT ISConfirmed USDG fees received by Core Treasury, excluding bond principal and other non-fee Core inflows.HEALTHIERMore recurring fee receipts strengthen Core without issuing NET.WATCH OUTThis is classified on-chain fee flow, not a full income statement. Partial source coverage is shown as a lower bound or withheld.—LOADING EXACT CORE RECEIPTS
NON-FEE CORE INFLOWSNon-fee Core inflowsWHAT IT ISPrincipal and other confirmed value entering Core Treasury that is not classified as fee revenue, including issuance-linked and cautious game-attributed receipts.HEALTHIERIssuance-linked inflows at or above backing can offset dilution; other non-fee Core inflows add reserves without being called revenue.WATCH OUTSome rows have no NET issuance. A leading ≥ means some non-USDG Core asset legs are visible but not priced.—NON-FEE CORE INFLOW · NOT CALLED REVENUE
NET PERMANENTLY REMOVEDBuyback and other burnsWHAT IT ISNET permanently removed from supply, usually after Treasury purchases it below NAV.HEALTHIERBurning below NAV is mathematically accretive per remaining NET.WATCH OUTBuybacks consume liquid USDG, so heavy repeated activity can also signal market stress.—LOADING EXACT BURNS
NON-CORE RWA PURCHASESRWA stock sleeveWHAT IT ISThe October 13 v6 publisher recipe adds Sleeve-held LOSE and the team Safe's LOSE/USDG LP at reserve spot. The LP's USDG is cash; wallet and LP LOSE are other-token exposure. Historical v5 includes Loopback collateral less debt but omits LOSE; v4 omits Loopback, and v3 also omits Advance. NET-family assets retain the source-verified pair-oracle TWAP mark. Publisher assets are not exhaustive economic net equity; stock, gross-asset and net-equity diagnostics remain separate.HEALTHIERRecognized assets, fresh marks, and complete balance coverage make the sleeve easier to audit; this is not a Core health score.WATCH OUTThe sleeve is excluded from Core RFV and Core NAV per NET. Gross stock exposure excludes cash and borrowed proceeds; net sleeve equity deducts associated Morpho debt from cash-inclusive gross assets once.—TEAM-CUSTODIED SLEEVE · EXCLUDED FROM CORE NAV
RAW CONFIRMED FLOW LEDGER · NEWEST FIRSTLOADING REQUESTED WINDOW
Confirmed Core and non-Core value-capture action ledger, newest first
UTC TIME / WALLETCATEGORY / SOURCECORE TREASURY FLOWNET MINTED / BURNEDNON-CORE RWA PURCHASESTRANSACTION
LOADING REQUESTED CONFIRMED ACTIONS · PREVIOUS FILTER ROWS HIDDEN
ONE ACTION LEG ENTERS ONE CATEGORY · RESERVE-FORMING INFLOWS ARE NOT FEE REVENUEEXACT TOKEN FLOWS · LP ASSET LEGS STAY UNPRICED

Daily protocol ledger · completed UTC days

Daily protocol ledgerWHAT IT ISOne row per completed UTC day joining Core fees, non-fee Core inflows, Core buyback spending and non-core RWA purchases with the exact daily NET mint-and-burn ledger.HEALTHIERRead classified inflows alongside issuance and spending, not as net reserve growth.WATCH OUTNon-fee Core inflows include principal and other non-fee receipts; they are not fee revenue. A dash means coverage is incomplete, ≥ means a lower bound, and zero requires complete source coverage.
LOADING REQUESTED DAYSNULL MEANS COVERAGE IS NOT PROVEN · ZERO MEANS A CONFIRMED QUIET DAY
ONE DAY · SEPARATE ECONOMIC COLUMNSCore fees are fee revenue; non-fee Core inflows include bond principal and other confirmed receipts not classified as fee revenue. Core buyback spending removes NET. Non-core RWA purchases are outside Core.
Daily protocol accounting ledger with Core fees, non-fee Core inflows, Core buyback spending, NET issuance, and non-core RWA purchases
UTC DAY / ANCHORCORE FEESNON-FEE CORE INFLOWSCORE BUYBACK SPENDINGNET MINTED / BURNEDNON-CORE RWA PURCHASESCOVERAGE
LOADING REQUESTED COMPLETED UTC DAYS · PREVIOUS PAGE HIDDEN
EXACT DAILY FLOW INDEX JOINED TO THE CANONICAL NET TRANSFER LEDGER BY UTC DATE · VALUES ARE NEVER NETTED INTO ONE “PROTOCOL REVENUE” NUMBER

Buyback activity · InverseBond

InverseBond buyback activityWHAT IT ISConfirmed InverseBond events where a seller gives up NET for burning and Core Treasury pays USDG, shown with the contract's current bid and remaining capacity.HEALTHIERBuying and burning NET below Core NAV is mathematically accretive per remaining NET, provided Core liquidity remains adequate.WATCH OUTThese are the same buybacks classified in value capture, so do not add both panels. The live bid is not a guaranteed redemption price, and events do not emit pre-trade backing.
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.
CURRENT CONTRACT STATE · CORE CONNECTINGHISTORICAL FILLS · VALUE INDEX PENDING
CONFIRMED FILLS—PENDING → PENDING UTC
NET BURNED—PERMANENTLY REMOVED
CORE USDG PAID—TREASURY OUTFLOW · NOT NETTED AGAINST INFLOWS
AVERAGE PRICE PAID—EXACT USDG PAID ÷ VERIFIED EVENT NET BURNED
LOADING BUYBACK EVENTSNO EVENT VALUES INFERRED
Confirmed InverseBond fills, newest first
UTC TIME / SELLERNET BURNEDUSDG PAIDPRICE PAIDEVENT-BLOCK BACKINGTRANSACTION
LOADING REQUESTED BUYBACK PAGE · PREVIOUS PAGE ROWS HIDDEN
SAME CANONICAL EVENTS AS VALUE CAPTURE ABOVE · DO NOT ADD THE PANELS TOGETHER
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.
CORE CONNECTING · Awaiting a verified Core snapshot. No market values or charts are inferred. Independent feeds remain available.

Peer position

0 / 2 RANKS LIVE
  • Rialto volume · 30DCONNECTINGVOLUME RANK30D · INTEGRATOR BUCKETS · OFFICIAL API
  • Morpho holdingsCONNECTINGDIRECT-SHARE RANKCURRENT · CORE TREASURY · DIRECT-SHARE ADDRESSES
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RESERVED LAYOUT · VERIFIED VALUES APPEAR WITHOUT MOVING THE SECTIONS BELOW.

Morpho holdings · Top 10LOADING OFFICIAL API
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RESERVED LAYOUT · VERIFIED VALUES APPEAR WITHOUT MOVING THE SECTIONS BELOW.

METHODOLOGY, SOURCES & CONTROLSOPEN
CORE RESERVE VALUE VS NET SUPPLY GROWTHWhich side grew faster over a matched 1D, 7D or 30D rolling window, plus the exact Core NAV-per-NET result.
CORE NAV CHANGE BRIDGEExact matched-block reserve, gross mint and gross burn contributions to the closing Core NAV per NET identity.
ISSUANCE ATTRIBUTIONEvery recognized minter plus all burns over the selected period.
DISTRIBUTION AND STAKINGExact contract-accounted staked share, NET not counted as staked, fixed-block custody locations, included-address distribution and confirmed stake / unstake flows.
30D BOND PURCHASE TAPEBuyer, route, quote asset, reserve value, NET committed, bond price, time and transaction across the rolling 30-day index window.
CONFIRMED VALUE-CAPTURE FLOWSCore fees and non-fee Core inflows form classified Core inflows. Core buyback spending and non-core RWA purchases remain separate and retain exact token evidence.
RWA SLEEVE HOLDINGSFixed-block team-custodied balances and marks shown as a non-Core memo; cash and unknown tokens are separated from stock value.
INVERSEBOND BUYBACK TAPEConfirmed seller, NET burn, Core USDG payout, effective price and transaction proof without comparing old fills to today's backing.
DILUTION FUNDING BURDENRequired RFV to offset projected Distributor issuance at current NAV.
MANAGEMENT OVERHANGPro-forma effect of all currently exercisable $1 pTEAM options.
BACKING WINDOW 1DCORE CONNECTING
CORE SNAPSHOT CONNECTINGCHAIN 4663EPOCH —READ-ONLY · NO WALLET