About this explorer
Instadapp's vault positions as NFTs — composite deposit/borrow events chain-read, tick-swept liquidations attributed per position from the vault's own settlement views.
Protocol view
Every vault's own borrow, liquidation and absorption ladder — three rungs on one axis, with each vault's own penalty floor beside them.
How the figures are derived
- Health factor, collateral ratio, rates read live from the protocol's contracts.
- Oracle USD: Debt-token units by design — each vault's oracle prices the collateral in the vault's debt token (the exact space its liquidation engine judges in); Fluid runs no USD feed.
- The protocol's own oracle read back at each event's block, what the position was worth when it happened, never today's price.
- An offline verifier re-derives the explorer's figures directly from the chain via a second data path, and checks them against the indexed values and the constants the explorer states — run against mainnet when the explorer is built or changed, not a check that runs as the page renders.
About Fluid · What's covered on Ethereum
