COINon convergence- Direction
- PREMIUM
- Size
- $10K
- Gross
- +61.9 bps
- Net
- not computed
| Leg | Action | Venue | Notional | Status |
|---|---|---|---|---|
| A | Sell COINon onchain | — | $10,000 | unavailable |
| B | Buy COIN exposure | Reference market | $10,000 | unavailable |
Expected basis (not PnL): —
Max loss: — (Not computed: an unpriced cost line or no volatility history.)
Settlement: Leg A settles onchain in one slot; leg B settles on the hedge venue's cycle.
Not executable
- — No verified hedge or redemption path.
- — Market state is DEGRADED; only REFERENCE_OPEN can execute.
- — Reference is not a two-sided live quote.
- — Net basis is not computed (an unpriced cost line).