FOLIO 07 // VERIFICATION

Don't trust the site. Read the accounts.

NAV uses public balances only. Machine execution publishes an authenticated snapshot after every cycle, and rehearsal telemetry is rejected by the production endpoint.

REPRODUCIBLE FORMULA — ZERO PRIVATE INPUTS

machineNavUsd =
  hyperliquidPerpsEquityUsd
  + hyperliquidSpotValueUsd
  + max(0, machineWalletSol − 0.02 SOL ops reserve) × solUsd
  + buybackWalletSol × solUsd

circulatingSupply = onChainSupply − excludedTreasuryInventory
navPerTokenUsd    = machineNavUsd ÷ circulatingSupply
marketCapUsd      = poolPriceUsd × circulatingSupply
mNAV              = marketCapUsd ÷ machineNavUsd

// the 0.02 SOL transaction reserve is excluded from NAV
// pending Pump fees are excluded until claimed
// treasury-owned $MNAV is valued at zero

MACHINE NAV

$0.00

NAV / TOKEN

0.0000e+0

mNAV

AWAITING

PUBLISHED CUSTODY

FEE / UNIT MACHINE

8Ay6EcHdE4QYfCmeDrr4pYmYf1dNjXsNsuEARJyKkN8v

BUYBACK SETTLEMENT

BAN1wNjbxDN4QuWMGxbNAma5aCcxYgyxJB5ZpB3GR3rA

HYPERLIQUID DESK

0xa57CC21A5a447d8140B01A7274ed1DC7963Ef474

MINT

AJQ9BpSYugBQ8C7gWYssjES6r69T5eAnu3MFqewqpump

MACHINE RECEIPTS — LAST 12 EVENTS

HEALTH IDLE · UPDATED 1970-01-01T00:00:00.000Z

NO PRODUCTION RECEIPT EXISTS. THE FIRST RECORD APPEARS AFTER THE FIRST LIVE MACHINE CYCLE.

ACCOUNTING

Standard/default Hyperliquid account mode only; unified and portfolio margin are blocked.

SETTLEMENT

Solana receipts link on-chain. Hyperliquid writes carry deterministic references and reconcile against account state.

LIVENESS

A snapshot older than three machine cadences is labeled stale in the site status strip.