Hedge book
Every perpcoin is paired to a leveraged tracker of a real market, so the dollars in its pool are margin on that market. This is the account those pairings add up to on edgeX — margin, size, entry, mark and liquidation per position, marked live. The hedge itself is held on edgeX by the protocol's hedge wallet; below, every vault's wallet and what it has sent it, read off Arc.
Reading the book…
This is the book the coins' backing adds up to, marked at edgeX's oracle price - the position the hedge wallet is meant to carry on edgeX, not a read of that account. Entry is the mark when the tracker first carried backing; added backing averages in at the mark it arrived at. Liquidation is where the position's equity falls to its market's tier-1 maintenance margin on edgeX, before funding (settled every 4 h) and fees.
Reading the chain…
The hedge is held by the protocol's hedge wallet on edgeX: a vault can only send USDC to its own hedgeFunder, capped on chain at what sits above its redeem buffer, and withdrawals from edgeX pay the vault directly. The wallet's edgeX balances are not public and are not shown here.