How much capital we can actually read
capital_coverageBEFORE YOU TRUST ANY COVERAGE FIGURE FROM US, ask this. It says how much of the market each vault reading actually covers, counted TWO WAYS: by number of open vaults and by the capital in them. They differ by a lot, and the difference is the finding — more than half our vault COUNT is one venue’s small automated vaults, so a count-weighted coverage figure is mostly a statement about that venue and tells you almost nothing about whether the capital you care about is covered. NEITHER is called "the coverage". Free, because it is a statement about OUR OWN limits and a coverage claim nobody can audit is marketing rather than evidence. It says what we CAN read and never whether a vault is any good; WHICH vaults are missing a reading is the paid screen, not this. Readings: would take a deposit, risk score, withdrawable now, crowding, how exit works, time to exit, worst fall, who can move the money, what a holder earned — the same 9 columns the vault screen shows, read from the same expressions.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| meta | No | How current this answer is and what it was read from: `freshness` and the ages behind it. Present on every answer from this server, whatever the tool. | |
| rows | Yes | One per reading: `key`, `label`, `vaults`, `tvlUsd`, `byCount` and `byCapital` (0..1, null where no capital was read at all — not a cover of nothing), plus `says` for what the reading lets you decide and `screenColumn` for the vault-screen column asking the same question. SOME READINGS CANNOT BE PUT TO SOME VAULTS AT ALL, and where that is so the row also carries `notApplicable` {vaults, tvlUsd, because} with `byCountApplicable` and `byCapitalApplicable` beside the plain shares. Read those two for the question "how much of what we COULD read have we read", and the plain ones for "how much of everything". A vault that mints one share per unit of asset has not failed to earn anything through its price, and a redeem that settles in the asking transaction has no notice period to state — counting either as a gap would make our coverage look worse than it is in a way that is just as dishonest as making it look better. The two shares are never equal where `notApplicable` is present, and `because` names what put those vaults outside. | |
| says | Yes | The widest and thinnest readings by capital, and whether counting vaults and weighing capital disagree. | |
| limits | Yes | What these figures are not. | |
| byVenue | No | THE SAME QUESTION PER PROTOCOL, which is the one to ask if you hold something specific: the shares elsewhere on this answer say how much of OUR capital carries each reading, and this says whether we cover the venue you are in. Twenty venues, biggest by capital first, each with `tvlUsd`, a `readings` map of share-of-capital per reading, and `fullyEvidenced` asking the hardest question of that venue alone. Every share is BY CAPITAL and NULL where the venue has no capital we could weigh — a venue we cannot weigh is not a venue with no coverage, and a zero there would say the opposite. | |
| warnings | No | Anything the server wants a caller to know about THIS answer before acting on it. Empty is the normal case and is not a guarantee. | |
| measuredAt | No | When the coverage was counted. Null means the job has never run, which `says` states rather than reporting zeros. | |
| tvlTotalUsd | No | Capital across them, in US dollars. The denominator of every `byCapital`. | |
| vaultsTotal | No | Open vaults. The denominator of every `byCount`. | |
| fullyEvidenced | No | THE NUMBER TO READ FIRST if you are deciding how far to trust this platform on a given market: the share of capital carrying EVERY reading at once — a realised return, free liquidity, a risk band, who may move the money, how redemption works, and capital re-read within 48 hours. It cannot be worked out from the shares below, because a vault missing a different one from its neighbour drops out of both, and it is deliberately the least flattering figure on this answer. | |
| vaultsWithNoSizeRead | No | Open vaults whose SIZE we never read. They are in the count denominator and cannot be in the capital one, which is why this is named rather than left to subtraction. |