About this explorer

The original interest-free Trove — ETH collateral and exact LUSD debt emitted per event, no modeled state.

Protocol view

The system's own state — TCR against the recovery line, the Stability Pool's depth against system debt, the shared base rate, and how deep the redemption queue currently is. The queue is the Trove listing sorted by ratio, and the view links there.

How the figures are derived

• Health factor, collateral ratio, rates read live from the protocol's contracts.
• USD from the protocol's own oracle — the same prices it liquidates with, not a price-API approximation.
• 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 Liquity V1 · What's covered on Ethereum