abadi

This vault is a market maker. You put tUSDC in; a bot quotes both sides of DreamDEX up/down windows with it, every fifteen minutes, without you. When both sides of a quote fill it holds one Up and one Down — a pair worth exactly 1 at settlement whichever way the window goes — and it paid less than 1 for them. The difference is the spread, earned without ever taking a view.

So after you deposit, you do nothing. Your shares are worth their slice of NAV at every moment, and you withdraw whenever the vault has idle collateral. The risk is one leg filling while the market walks away from the other: the vault then holds a direction, NAV marks it at zero, and the shares fall. That is happening — 25% of filled quotes have gone adverse and the share price is down. It is testnet money, and the working shows every episode.

Wallet Somnia Shannon testnet, chain 50312

Not connected

Vault …
tUSDC …
The only two contracts this page ever asks you to sign for. Both links go to the Shannon explorer.

Deposits mint ERC-4626 shares of the vault. The operator key can quote and cancel and cannot move a token; settle is permissionless and pays the vault. Your shares are worth their slice of NAV at every moment, and NAV marks a naked leg at zero.

Self-wake reserve: … of the 32 STT the chain requires before the vault may arm its own settlement.

Reading the precompile…

Balances read from the chain every 30 seconds

Your tUSDC
— tUSDC
Your STT (gas)
— STT
Your shares
— abLIQ
Worth today
— tUSDC
Vault NAV
… tUSDC
Idle in vault
… tUSDC
Per share
… tUSDC / abLIQ

Actions each one is a transaction your wallet signs

Connect a wallet to enable these.

Get test collateral

The venue's tUSDC mints on demand on testnet. One click, 10,000 tUSDC.

Deposit

Approves the vault for exactly this amount, then deposits it. The deposit spends the whole approval, so every deposit signs twice.

Withdraw

Takes tUSDC out of what is idle and burns the shares it costs. Capital resting in a quote comes back as the quote closes.

Gas

Every action costs a little STT. If Your STT reads zero, the Somnia faucet gives 0.5 STT a day, which covers dozens of transactions here.

Open quotes what the vault is resting right now

slotmarketbid / asksizebasis
…

What it did last the vault's own events, newest first

Activity this session, newest first