{
  "protocol": "Kerne Protocol",
  "chain": "base",
  "chainId": 8453,
  "schema": "kerne-por-derived-v1",
  "source": {
    "derivedFrom": "https://kerne.fi/api/por/signed",
    "note": "Unsigned convenience view. Every figure here is copied from the signed statement named in this block, which is the authoritative record. Nothing is read separately, so this view is as old as that statement (signed every 15 minutes).",
    "sequence": 100,
    "attestationHash": "0xa788d529f107cf811cab57eb88a15c4f155e40ea49d941c40cce8ee90d84c259",
    "signer": "0xfA066f9701b75A4c134893E6c44D4fe87D2C9453",
    "generatedAt": "2026-11-13T20:00:56.295Z"
  },
  "blockNumber": 57048401,
  "timestamp": "2026-11-13T20:00:56.295Z",
  "reserves": {
    "psm": {
      "usdcHeld": 1101.454616,
      "usdcHeldExact": "1101.454616",
      "note": "Sum of USDC held by the three PSM contracts."
    },
    "psmMint": {
      "address": "0xaBDE1138aa1Ce88d1dF06422C0c3b05D70569803",
      "usdcHeld": 20.56661,
      "usdcHeldExact": "20.56661",
      "kusdHeld": "0"
    },
    "psmRetiredMint": {
      "address": "0x07eBb486e11BD217e6085eb5ab663e4517595993",
      "usdcHeld": 995.003,
      "usdcHeldExact": "995.003",
      "kusdHeld": "3"
    },
    "psmRedeemReserve": {
      "address": "0xFf3025ec18e301855aB0f36Ec6ECa115a29A5Fbc",
      "usdcHeld": 85.885006,
      "usdcHeldExact": "85.885006",
      "kusdHeld": "32"
    }
  },
  "liabilities": {
    "kUSD": {
      "address": "0x5C2EfdF0D8D286959b42308966bc2B97f5680AA3",
      "totalSupply": 1135.263248,
      "totalSupplyWei": "1135263248000000000000",
      "heldByPsms": 35,
      "outstanding": 1100.263248,
      "outstandingExact": "1100.263248",
      "peg": "USD"
    }
  },
  "solvency": {
    "status": "fully-backed",
    "psmSolvent": true,
    "psmSolvencyRatio": 1.001082,
    "psmSolvencyPct": "100.11%",
    "primaryBackingRatio": 1.001082
  },
  "redemptionDepth": {
    "instantSingleTransactionUSDC": 995.003,
    "instantSingleTransactionPctOfOutstanding": "90.43%",
    "deepestLegAddress": "0x07eBb486e11BD217e6085eb5ab663e4517595993",
    "totalReachableUSDC": 1101.454616,
    "totalReachablePctOfOutstanding": "100.11%",
    "totalReachableRequiresSequentialTransactions": true,
    "outstandingKUSD": 1100.263248,
    "byContract": [
      {
        "key": "psmMint",
        "label": "Live mint PSM",
        "address": "0xaBDE1138aa1Ce88d1dF06422C0c3b05D70569803",
        "reserveUSDC": 20.56661,
        "pctOfOutstanding": "1.87%",
        "redeemOnly": false
      },
      {
        "key": "psmRetiredMint",
        "label": "Prior mint PSM",
        "address": "0x07eBb486e11BD217e6085eb5ab663e4517595993",
        "reserveUSDC": 995.003,
        "pctOfOutstanding": "90.43%",
        "redeemOnly": true
      },
      {
        "key": "psmRedeemReserve",
        "label": "Legacy redeem PSM",
        "address": "0xFf3025ec18e301855aB0f36Ec6ECa115a29A5Fbc",
        "reserveUSDC": 85.885006,
        "pctOfOutstanding": "7.81%",
        "redeemOnly": true
      }
    ]
  }
}