The collateral is 19.61 mixWETH, shares in the mixWETH vault. At a share price of 1.007408 WETH they are worth 19.75 WETH, or $47.0K at WETH’s $2,380.1319.

A fall of 5.7% in the vault’s share price would take collateralisation from 111.6% to the liquidation line at 105.3%.

2.00 alETH of the debt is set aside for repayment. A line redemption clears it, and so does the holder repaying with vault shares or closing the position. At this share price clearing all of it takes 1.99 mixWETH from the collateral, plus 0.004967 mixWETH for the line’s 0.25% redemption fee.

Across the 75 line redemptions on the timeline below, the line cleared 2.84 alETH of this position’s debt and took 2.831 mixWETH of its collateral. Valued in WETH at each redemption’s block, with one alETH counted as one WETH, that is a net of −0.007 WETH for the holder: the debt cleared less the value of the collateral taken. The line’s 0.25% redemption fee, paid to Alchemix’s fee receiver, is −0.007 WETH of it (0.007 mixWETH). The other −0.000235 WETH is how the Alchemist charges a position: at the line’s average shares per unit of debt across every redemption since the position’s last event, while the share price moved between them. Each redemption’s own net is in its card’s detail.

alETH V2 position 0xc1b9…d9e8 is this holder’s account from before Alchemix V3, closed on 2 April 2026. Its events are on the timeline below, marked V2, and the figures on this page are V3's alone.