The collateral is 636.75 mixUSDC, shares in the mixUSDC vault. At a share price of 1.0209 USDC they are worth 650.06 USDC, or $650.06 at USDC’s $1.

A fall of 41.5% in the vault’s share price would take collateralisation from 180.1% to the liquidation line at 105.3%.

361 alUSD of the debt is set aside for repayment. Line redemptions clear it, and at this share price clearing all of it takes 353.61 mixUSDC from the collateral, plus 0.88 mixUSDC for the line’s 0.25% redemption fee.

Across the 51 line redemptions on the timeline below, the line cleared 1.6K alUSD of this position’s debt and took 1,612.23 mixUSDC of its collateral. Valued in USDC at each redemption’s block, with one alUSD counted as one USDC, that is a net of −3.255 USDC 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 −4.082 USDC of it (4.021 mixUSDC). The other +0.826 USDC 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.

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.

alUSD V2 position 0x5fcd…0870 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.