{
  "generated_at": "2026-05-25T03:20:05.228903+00:00",
  "unix_timestamp": 1779679205,
  "block_heights": {
    "base": 46444929
  },
  "chains": [
    {
      "chain_id": 8453,
      "chain_name": "Base Mainnet",
      "vault_address": "0x8005bc7A86AD904C20fd62788ABED7546c1cF2AC",
      "total_assets_wei": 99521076970027970,
      "total_assets_eth": 0.09952107697002797,
      "total_supply_wei": 4874515519514120218728830628937904000,
      "total_supply_eth": 4.87451551951412e+18,
      "solvency_ratio": 2.041660890638584e-20,
      "rpc_healthy": true,
      "timestamp": 1779679205
    }
  ],
  "total_onchain_assets_eth": 0.09952108,
  "total_onchain_liabilities_eth": 4.87451551951412e+18,
  "offchain_venue": "Hyperliquid",
  "offchain_equity_usd": 37.88,
  "offchain_equity_eth_equiv": 0.01147905,
  "offchain_net_delta": 0.044,
  "offchain_short_position_eth": 0.1039,
  "total_assets_eth": 0.11100013,
  "total_liabilities_eth": 4.87451551951412e+18,
  "aggregate_solvency_ratio": 0.0,
  "is_solvent": true,
  "delta_neutral": true,
  "attestation_hash": "0x30571f535d3fc05d2bff84cae5c789d30e7c43cc3e5d77891be910548d20d82e",
  "signature": "0x1c7f57283d614499b90cdd46b9420cd342119ee104005667f019bd022cd1f3830b159308d724c095fe4ad97b22c95361cd16d7d2677a6b619f6fd11b270f5f8e1c",
  "signer": "0x09a2780ac8Be6D5d2d1F85A8D92b09D40C9CA37e",
  "status": "PSM_SOLVENT_VAULT_V1_DEGRADED_KNOWN",
  "vault_v1_degraded_known": true,
  "psm_reads_available": true,
  "kusd_total_supply": 6.846154,
  "psm_usdc_reserve": 6.853006,
  "psm_solvent": true,
  "psm_solvency_ratio": 1.001001,
  "insurance_fund_usdc": 0.0,
  "insurance_fund_weth": 0.0,
  "insurance_fund_usd": 0.0,
  "treasury_usdc": 0.0,
  "treasury_weth": 0.0,
  "treasury_usd": 0.0,
  "safe_usdc": 0.0,
  "safe_weth": 0.0,
  "safe_usd": 0.0,
  "aggregate_collateral_usd": 246.26,
  "aggregate_liabilities_usd": 6.85,
  "aggregate_solvency_usd_ratio": 35.970429,
  "eth_price_usd": 2093.81,
  "notes": [
    "KerneVault v1 (0x8005bc7A86AD904C20fd62788ABED7546c1cF2AC) has a known phantom totalSupply from the bucket-transition asymmetry documented in ADVERSARIAL_AUDIT_2026-05-08 \u00a71.3. The kLP-share basis solvency fields (is_solvent, aggregate_solvency_ratio) read CRITICAL because of this; the real protocol solvency is the PSM-and-USD-aggregate view: PSM is 1:1 USDC-backed, vault deposits are paused, kUSD-stablecoin liabilities are over-collateralized in USD terms. Vault v2 redeploy retires this state."
  ],
  "schema_version": 2
}