A read-only forensics indexer over the venue’s on-chain attested event stream: every account, order, fill, itemized fee, funding payment, and liquidation — reconstructed without touching the venue API. The honest institutional pitch is the audit trail, and this is it, queryable.
§1Capabilities
Rebuilds venue history from attested on-chain events: per-fill fee decomposition, the complete liquidation family, session-key registrations with expiries.
Closes the accounting identity — total deposits minus withdrawals against live custody, at any block height. When that invariant holds, the whole pipeline is validated; when it breaks, you want to know first.
Measures execution friction from chain data — fee-over-notional distributions by symbol, size, and time — turning venue-quality claims into measured, citable numbers.
§2Design
Chain-only by design. v1 has zero engine-API dependency. It reads the settlement contract’s event stream — the truth source that survives API relocations.
Append-only, re-decodable. Raw logs are stored immutably and decoded separately, so when the venue updates its event schemas, history is re-interpreted, never lost.
Drift-aware. The venue publishes config and schema hashes on-chain; the Observatory listens, freezes decoding on change, and alerts the operator.
§3Availability by tier
| Open | Public read-only dashboard on this site (planned). |
| Pro | Query access and entity-table exports. |
| Institutional | Full dataset feeds and custom analytics. |
Indicative until launch.
§4 · Stated plainly
In development against a published roadmap. Settlement here is TEE-attested — the audit value is the notarized record of every action and fee, not trust-minimization, and we say so.