{
  "attestation_signer": "0xfA066f9701b75A4c134893E6c44D4fe87D2C9453",
  "attestation_signer_valid_from": "2026-11-12T00:00:00Z",
  "chain": {
    "block_hash": "0x9a3514c0ff15723972304f7e526191ea1d1d543af0526c0b3ce31722d2a06bf0",
    "block_number": 56611899,
    "block_timestamp": 1794512755,
    "chain_id": 8453,
    "rpc_host": "base-rpc.publicnode.com"
  },
  "generated_at": "2026-11-12T19:45:55.650Z",
  "hedge": {
    "account": "0x09a2780ac8Be6D5d2d1F85A8D92b09D40C9CA37e",
    "available": true,
    "counted_as_backing": false,
    "flat": true,
    "open_positions": 0,
    "perp_account_value_usd": "0.0",
    "perp_total_notional_usd": "0.0",
    "read_error": null,
    "spot_usdc": "20.492979",
    "venue": "hyperliquid",
    "venue_time_ms": 1794512755315
  },
  "is_solvent": true,
  "kusd_address": "0x5C2EfdF0D8D286959b42308966bc2B97f5680AA3",
  "kusd_total_supply": "1145.243248",
  "kusd_total_supply_raw": "1145243248000000000000",
  "methodology": "All balances are read from Base mainnet (chain 8453) with eth_call pinned to one block (chain.block_number / chain.block_hash). outstanding_kusd = kUSD.totalSupply() minus the kUSD held by the three PSM contracts (redeemed kUSD is held, not burned). psm_usdc_reserve = the sum of USDC.balanceOf over the three PSM contracts. psm_solvency_ratio = psm_usdc_reserve / outstanding_kusd, truncated to 6 decimals. Balances under other_usdc_not_counted and the hedge block are disclosed but never counted as backing. Every quantity is an exact decimal string; *_raw fields are the integer base units. attestation_hash = sha256 over the exact bytes of signed_payload_canonical (JSON, keys sorted, no whitespace). signature = EIP-191 personal_sign over the 32 raw bytes of attestation_hash by attestation_signer.",
  "other_usdc_not_counted": [
    {
      "address": "0xE8799FCF327C6D2f78103a3c9308C93592A30403",
      "label": "insurance fund",
      "usdc": "0"
    },
    {
      "address": "0x7c07517ABcc4BD674CC74B76D2Ab0d95A41560d5",
      "label": "treasury",
      "usdc": "0"
    },
    {
      "address": "0x52d3E450bA6c299B1B07298F1E87DD74732D4877",
      "label": "protocol Safe",
      "usdc": "333.43"
    }
  ],
  "outstanding_kusd": "1110.243248",
  "outstanding_kusd_raw": "1110243248000000000000",
  "previous_attestation_hash": "0xc09cd5bb59fe549f17699d50302a62851a0d6ffcacfdac3e5c164ac6b2a81126",
  "producer": "Cloudflare Worker cron (kerne-por), public RPC + Hyperliquid info API, no venue credentials",
  "psm_kusd_held": "35",
  "psm_reserves": [
    {
      "address": "0xaBDE1138aa1Ce88d1dF06422C0c3b05D70569803",
      "kusd_held": "0",
      "kusd_held_raw": "0",
      "role": "live mint PSM (sole kUSD minter)",
      "usdc": "30.53663",
      "usdc_raw": "30536630"
    },
    {
      "address": "0x07eBb486e11BD217e6085eb5ab663e4517595993",
      "kusd_held": "3",
      "kusd_held_raw": "3000000000000000000",
      "role": "retired mint PSM, reserve retained",
      "usdc": "995.003",
      "usdc_raw": "995003000"
    },
    {
      "address": "0xFf3025ec18e301855aB0f36Ec6ECa115a29A5Fbc",
      "kusd_held": "32",
      "kusd_held_raw": "32000000000000000000",
      "role": "original redeem reserve PSM",
      "usdc": "85.885006",
      "usdc_raw": "85885006"
    }
  ],
  "psm_solvency_ratio": "1.001064",
  "psm_solvent": true,
  "psm_usdc_reserve": "1111.424636",
  "psm_usdc_reserve_raw": "1111424636",
  "reads_available": true,
  "schema_name": "kerne-por-core",
  "schema_version": 10,
  "sequence": 3,
  "signer_is_venue_key": false,
  "skusd": {
    "address": "0x96F5102C15b839757f811A98CEc3725Ac21DfA14",
    "at_par": false,
    "kusd_per_share": "1.000098667771066974",
    "share_decimals": 24,
    "share_unit_raw": "1000000000000000000000000",
    "total_assets_kusd": "1012.118263134048985696",
    "total_supply": "1012.018409533301590664852115"
  },
  "status": "SOLVENT_DELTA_NOT_ASSERTED",
  "status_explanation": "Outstanding kUSD is fully covered by USDC held in the PSM contracts, read on chain at the pinned block. No hedge-tracking verdict is asserted: the hedge account holds no open perp position, so there is no hedge book to measure. Solvency is measured independently of the hedge.",
  "unix_timestamp": 1794512755,
  "venue_account": "0x09a2780ac8Be6D5d2d1F85A8D92b09D40C9CA37e",
  "attestation_hash": "0xeb46c41ee21f6b027bbefe3fe0a0142a42480e1f1f2c60edcabb31ab5da4be4c",
  "signature": "0x13b5307490da529c6f4496148aed3cb36e982d32fa59521017b32f5b1591620226ec27283e2b59f0de80c077980d3e1c18abcec2eb8ebfdae21575e6e8a6823b1b",
  "signer": "0xfA066f9701b75A4c134893E6c44D4fe87D2C9453",
  "signed_payload_canonical": "{\"attestation_signer\":\"0xfA066f9701b75A4c134893E6c44D4fe87D2C9453\",\"attestation_signer_valid_from\":\"2026-11-12T00:00:00Z\",\"chain\":{\"block_hash\":\"0x9a3514c0ff15723972304f7e526191ea1d1d543af0526c0b3ce31722d2a06bf0\",\"block_number\":56611899,\"block_timestamp\":1794512755,\"chain_id\":8453,\"rpc_host\":\"base-rpc.publicnode.com\"},\"generated_at\":\"2026-11-12T19:45:55.650Z\",\"hedge\":{\"account\":\"0x09a2780ac8Be6D5d2d1F85A8D92b09D40C9CA37e\",\"available\":true,\"counted_as_backing\":false,\"flat\":true,\"open_positions\":0,\"perp_account_value_usd\":\"0.0\",\"perp_total_notional_usd\":\"0.0\",\"read_error\":null,\"spot_usdc\":\"20.492979\",\"venue\":\"hyperliquid\",\"venue_time_ms\":1794512755315},\"is_solvent\":true,\"kusd_address\":\"0x5C2EfdF0D8D286959b42308966bc2B97f5680AA3\",\"kusd_total_supply\":\"1145.243248\",\"kusd_total_supply_raw\":\"1145243248000000000000\",\"methodology\":\"All balances are read from Base mainnet (chain 8453) with eth_call pinned to one block (chain.block_number / chain.block_hash). outstanding_kusd = kUSD.totalSupply() minus the kUSD held by the three PSM contracts (redeemed kUSD is held, not burned). psm_usdc_reserve = the sum of USDC.balanceOf over the three PSM contracts. psm_solvency_ratio = psm_usdc_reserve / outstanding_kusd, truncated to 6 decimals. Balances under other_usdc_not_counted and the hedge block are disclosed but never counted as backing. Every quantity is an exact decimal string; *_raw fields are the integer base units. attestation_hash = sha256 over the exact bytes of signed_payload_canonical (JSON, keys sorted, no whitespace). signature = EIP-191 personal_sign over the 32 raw bytes of attestation_hash by attestation_signer.\",\"other_usdc_not_counted\":[{\"address\":\"0xE8799FCF327C6D2f78103a3c9308C93592A30403\",\"label\":\"insurance fund\",\"usdc\":\"0\"},{\"address\":\"0x7c07517ABcc4BD674CC74B76D2Ab0d95A41560d5\",\"label\":\"treasury\",\"usdc\":\"0\"},{\"address\":\"0x52d3E450bA6c299B1B07298F1E87DD74732D4877\",\"label\":\"protocol Safe\",\"usdc\":\"333.43\"}],\"outstanding_kusd\":\"1110.243248\",\"outstanding_kusd_raw\":\"1110243248000000000000\",\"previous_attestation_hash\":\"0xc09cd5bb59fe549f17699d50302a62851a0d6ffcacfdac3e5c164ac6b2a81126\",\"producer\":\"Cloudflare Worker cron (kerne-por), public RPC + Hyperliquid info API, no venue credentials\",\"psm_kusd_held\":\"35\",\"psm_reserves\":[{\"address\":\"0xaBDE1138aa1Ce88d1dF06422C0c3b05D70569803\",\"kusd_held\":\"0\",\"kusd_held_raw\":\"0\",\"role\":\"live mint PSM (sole kUSD minter)\",\"usdc\":\"30.53663\",\"usdc_raw\":\"30536630\"},{\"address\":\"0x07eBb486e11BD217e6085eb5ab663e4517595993\",\"kusd_held\":\"3\",\"kusd_held_raw\":\"3000000000000000000\",\"role\":\"retired mint PSM, reserve retained\",\"usdc\":\"995.003\",\"usdc_raw\":\"995003000\"},{\"address\":\"0xFf3025ec18e301855aB0f36Ec6ECa115a29A5Fbc\",\"kusd_held\":\"32\",\"kusd_held_raw\":\"32000000000000000000\",\"role\":\"original redeem reserve PSM\",\"usdc\":\"85.885006\",\"usdc_raw\":\"85885006\"}],\"psm_solvency_ratio\":\"1.001064\",\"psm_solvent\":true,\"psm_usdc_reserve\":\"1111.424636\",\"psm_usdc_reserve_raw\":\"1111424636\",\"reads_available\":true,\"schema_name\":\"kerne-por-core\",\"schema_version\":10,\"sequence\":3,\"signer_is_venue_key\":false,\"skusd\":{\"address\":\"0x96F5102C15b839757f811A98CEc3725Ac21DfA14\",\"at_par\":false,\"kusd_per_share\":\"1.000098667771066974\",\"share_decimals\":24,\"share_unit_raw\":\"1000000000000000000000000\",\"total_assets_kusd\":\"1012.118263134048985696\",\"total_supply\":\"1012.018409533301590664852115\"},\"status\":\"SOLVENT_DELTA_NOT_ASSERTED\",\"status_explanation\":\"Outstanding kUSD is fully covered by USDC held in the PSM contracts, read on chain at the pinned block. No hedge-tracking verdict is asserted: the hedge account holds no open perp position, so there is no hedge book to measure. Solvency is measured independently of the hedge.\",\"unix_timestamp\":1794512755,\"venue_account\":\"0x09a2780ac8Be6D5d2d1F85A8D92b09D40C9CA37e\"}",
  "_meta": {
    "note": "Fields outside _meta are the signed payload. _meta is unsigned relay metadata computed at read time.",
    "expected_signer": "0xfA066f9701b75A4c134893E6c44D4fe87D2C9453",
    "signer_matches_expected": true,
    "hash_matches": true,
    "recovered_signer": "add ?verify=1 to recover the signer server-side",
    "verified": null,
    "age_seconds": 646,
    "is_fresh": true,
    "stale": false,
    "stale_note": null,
    "cadence": "every 15 minutes (Cloudflare cron */15)",
    "trust_root": "/api/por/signer",
    "verify_yourself": {
      "step_1": "sha256(utf8 bytes of signed_payload_canonical) must equal attestation_hash",
      "step_2_cast": "cast wallet verify --address 0xfA066f9701b75A4c134893E6c44D4fe87D2C9453 0xeb46c41ee21f6b027bbefe3fe0a0142a42480e1f1f2c60edcabb31ab5da4be4c 0x13b5307490da529c6f4496148aed3cb36e982d32fa59521017b32f5b1591620226ec27283e2b59f0de80c077980d3e1c18abcec2eb8ebfdae21575e6e8a6823b1b",
      "step_2_ethers": "ethers.verifyMessage(ethers.getBytes(\"0xeb46c41ee21f6b027bbefe3fe0a0142a42480e1f1f2c60edcabb31ab5da4be4c\"), \"<signature>\") === \"0xfA066f9701b75A4c134893E6c44D4fe87D2C9453\"",
      "step_2_python": "Account.recover_message(encode_defunct(hexstr=attestation_hash), signature=signature)",
      "step_3": "Re-read the balances yourself at chain.block_number on any Base RPC and compare."
    }
  }
}