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Audit ledger/25efe03d

EURC

PEGGED→DRIFT·stable_fx·conf high

Detected Tue, 07 Jul 2026 01:08:09 GMT

Methodology

Version
v0.5.0source
Git SHA
fbdc82edd1ae417b2af0f4861fdea739b1695f96
Assets snapshot
snapshot: eef84d4

Changes when assets.toml is edited. Does not change methodology behavior.

Receipt sha256
7e8baafe57a6b18118b46726f757ab97c7770ae24b19e0ee1201c26252a443b0

Computed

Discount
-26 bps
Final state
DRIFT
Confidence
high
Intrinsic / Market
1.143920000000000000 / 1.147481207882520000
Full computed JSON
{
  "confidence_label": "high",
  "discount_raw": "-0.0031131616568641163717742499",
  "discount_smooth": "-0.0025533718931627750395006189",
  "final_state": "DRIFT"
}

Inputs (frozen)

These are the exact inputs the methodology saw at decision time. Pyth quotes, intrinsic snapshots, EWMA prior, threshold map — all serialized into the receipt for deterministic replay.

Show inputs JSON
{
  "alpha": "0.3",
  "asset": "EURC",
  "candidate_since": "2026-07-07T01:07:04.121409525Z",
  "candidate_state": "DRIFT",
  "class": "stable_fx",
  "confirm_up_secs": 30,
  "decay_down_secs": 120,
  "ewma_prev": "-0.0023134619944336287542404913",
  "hyusd_cr": "1.4870671259011457896452642806",
  "intrinsic_sol": null,
  "intrinsic_usd": "1.14392",
  "market_sol": null,
  "market_usd": "1.14748120788252",
  "now": "2026-07-07T01:08:09.123361982Z",
  "previous_state": "PEGGED",
  "pyth_entries": {
    "EUR/USD": {
      "confidence": "0.00013",
      "price": "1.14392",
      "publish_time": "2026-07-07T01:08:03Z"
    },
    "USDC/USD": {
      "confidence": "0.00060037",
      "price": "0.99979804",
      "publish_time": "2026-07-07T01:08:03Z"
    }
  },
  "threshold_kind": "bps",
  "thresholds": {
    "critical": 250,
    "depeg": 75,
    "drift": 20
  }
}

Replay this alert

Install the verifier from releases.pegana.xyz and check this receipt against the open-source methodology crate.

curl --proto '=https' --tlsv1.2 -LsSf \
  https://releases.pegana.xyz/pegana-replay-installer.sh | sh
pegana-replay --alert-id 25efe03d-b4cb-4791-aeca-6aa02c4d12b0
Download replay bundleHow to verify

Or verify right here — no install needed. This button re-fetches the replay bundle and recomputes the receipt hash in your browser using the same algorithm as the CLI.

On-chain commitment

Not anchored. On-chain SPL Memo commitment is cost-gated to high-severity transitions only — DEPEG, CRITICAL, and BLACK_SWAN — because each commit costs ~5,000 lamports and the operator wallet runs lean. The receipt is still cryptographically verifiable offline via the inputs above.

Pegana is a verifiable computation log for peg-state decisions. It is not SOC 2 compliance, not a regulatory audit, and not financial advice.

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