FOLIO 02 // MACHINE NET ASSET VALUE
Every balance. Marked. Public.
Machine NAV is the sum of externally readable custody: Hyperliquid equity and spot value, plus SOL still held by the machine and the separate buyback settlement wallet.
STATEMENT OF MACHINE NAV
HL PERPS EQUITY clearinghouseState.marginSummary.accountValue | $0 |
HL SPOT VALUE spot balances × exact @pair mids | $0 |
FEE / UNIT CUSTODY 0.000000 economic SOL × public SOL/USD · 0.02 ops reserve excluded | $0 |
BUYBACK SETTLEMENT 0.000000 SOL × public SOL/USD | $0 |
| MACHINE NAV — TOTAL | $0 |
Pending creator fees still inside Pump custody are excluded until claimed. $MNAV inventory acquired by the buyback wallet is valued at zero in machine NAV. No self-referential NAV.
VALUATION
NAV / TOKEN
0.0000e+0
mNAV
AWAITING
DESK DRAWDOWN FROM HWM
−0.00%−10% → CLOSE + HALT
ACCOUNTING MODE
Standard/default Hyperliquid accounting only. The machine refuses unified or portfolio margin because adding perps equity and spot value there would double-count collateral.
OPEN EXPOSURE
NO POSITION EXISTS — ZERO GENESIS HAS NOT CAPITALIZED THE DESK.