Liquidity Trace (governance link)

Transparency — Liquidity Trace

What it is

A public, read-only board that shows how OTC liquidity is used and protected.

Where

Governance page / dashboard: “Liquidity Trace” (CSV/JSON export).

Update Cadence

• Weekly snapshot (end-of-week UTC)

• Ad-hoc update on parameter changes, pauses, or cap hits

Published Metrics (Aggregate)

• Total 0FX collateral: USD, ETH

• Outstanding loans by asset: USDT / USDC / ETH / BTC (WBTC)

• Utilization vs system capacity (per asset)

• Hedge coverage notional: USDT/USDC/BTC loans

• Net funding accrual: to date for hedged books

• Execution costs: to date — aggregated

• LTV distribution: buckets

• System caps & headroom: price-impact, ticket/daily caps

• Status flags: normal / throttled / paused

Per-Position References (Non-PII)

• Position Ref ID: hash/alias

• Creation date: UTC

• Borrowed asset & notional: rounded

• Current LTV bucket

• On-chain proof links: collateral deposit / disbursement tx hashes

Auditability

Canonical on-chain addresses for collateral and repayments listed on the page.

Method Note: oracle/TWAP sources, haircut policy, rounding rules

Limitations

No wallet PII; numbers may be bucketed/rounded for privacy & safety.