The collateral is 952.14 mixWETH, shares in the mixWETH vault. At a share price of 1.0060 WETH they are worth 957.85 WETH, or $2.6M at WETH’s $2,695.1588.

A fall of 5.2% in the vault’s share price would take collateralisation from 111.1% to the liquidation line at 105.3%.

121.3 alETH of the debt is set aside for repayment. Line redemptions clear it, and at this share price clearing all of it takes 120.58 mixWETH from the collateral, plus 0.3 mixWETH for the line’s 0.25% redemption fee.

Across the 53 line redemptions on the timeline below, the line cleared 99.0826 alETH of this position’s debt and took 98.974 mixWETH of its collateral. Valued in WETH at each redemption’s block, with one alETH counted as one WETH, that is a net of −0.248 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 −0.248 WETH of it (0.247 mixWETH). Each redemption’s own net is in its card’s detail.

Set-aside grows block by block between readings, and an event card’s before figure is the reading at the previous card’s block, so a card’s set-aside move includes what built up in between.