Verify

Everything the protocol knows, you can verify: NAV methodology, the treasury it reads from, realised yield history, and the insurance fund.

We price your collateral lower than DexFi does, on purpose.

DIVERGENCE FROM DEXFI

needs both the oracle and DexFi's feed

This is a live comparison, not a reconciliation. No monthly reconciliation has been published yet - posting began on 2026-08-03 and this oracle has only been live since the 2026-08-19 redeploy. The first one will appear here.

CURRENT NAV

per bond · reading Recoup's oracle on Base Sepolia

What is NAV? Net asset value - what one bond is actually worth: the DexFi treasury's total on-chain value, minus undistributed profit, divided by bonds outstanding. It's the price all collateral and liquidation maths use.

Borrows pause automatically if NAV is older than 8 days. Updates moving more than 10% enter a 12-hour pending state and need a second key.

INSURANCE FUND

target $5,900.00 before next cap raise

Funded by 10% of harvested yield plus affiliate commission. Absorbs auction shortfalls before any loss is socialised to lenders.

THE DEXFI FUND

FUND VALUE

$2,577,434

DexFi's own figure

BONDS MINTED

102,449

USDC DISTRIBUTED

$1,742,406

since June 2025

BOND MINT PRICE

0.0136 ETH

$25.15

Snapshot of DexFi's public fund data, 2026-07-24. Every figure in this panel is DexFi reporting on itself, not an independent valuation. The second opinion - DeBank's own read of the same treasury, which is what the daily cross-check measures this against - is on Stats. Display only either way - collateral and liquidation maths use the protocol's own NAV oracle, never a third-party feed.

REALISED WEEKLY YIELD PER BOND - LAST 12 WEEKS

12-wk avg $0.23

2 Jul

23 Jul

13 Aug

3 Sep

17 Sep

Weeks commencing 2 Jul to 17 Sep. USDC per bond per week - real history, reconstructed from the DexFi farm's on-chain reward-funding events divided by bonds staked. The UI never shows projected APR - all projections derive from this trailing history.

Every figure the protocol has produced, indexed from its own events, is on Stats.

NAV METHODOLOGY

Read the DexFi treasury EOA's total on-chain value across its vault positions:0xd4ec4E5b7625Fed3c40Bfeec206E49396F02Dd54 ↗
Subtract unclaimed USDC profit not yet distributed.
Divide by total bonds outstanding - mirroring DexFi's own pricing formula.
Post on-chain daily (minimum weekly), guarded by deviation limits and a two-key confirmation for large moves.
Reconcile monthly against DexFi's displayed bond price; publish the reconciliation here.