Confederate Reserve · Operations

Live

System operations
running live.

Real-time reserve state, settlement activity, stress tests, and attestation records for the Confederate Reserve Protocol. All data is sourced directly from on-chain state.

System status

Live metrics

Live

Reserve ratio

143.6%

vs 130% minimum

Total reserves

$847.2M

USDC + equivalents

Circulating supply

$592.0M

Across 6 state tokens

24h settlement vol.

$23.4M

847,293 transactions

Avg. finality

2.3 s

Real-time gross settlement

Active charters

6

TX · LA · GA · NC · AL · MS

State tokens · All chartered

6 active jurisdictions

TokenJurisdictionTVLAPYPrice24h
$TEXTexas$192.4M4.1%$1.0012+1.3%
$LALLouisiana$98.2M3.9%$0.9991+0.4%
$GASGeorgia$76.1M4.3%$1.0005+0.8%
$NCANorth Carolina$64.8M4.0%$0.9988-0.4%
$ALAAlabama$48.2M4.2%$1.0000+0.2%
$MSSMississippi$31.5M4.5%$0.9979-0.6%

Settlement

Recent transactions

Showing last 6 final settlements · 847,293 in last 24h

TimeTypePairAmountHashStatus
12:04:17RTGS · PvP$TEX / USDC$412,0000x7a3f…8c1e✓ Final
12:04:09RTGS · PvP$LAL / $TEX$218,5000x3c9d…2b7f✓ Final
12:03:58RTGS$GAS / USDC$91,2000x1fa0…c443✓ Final
12:03:44DNS · NetBatch #4421$3.1M0x88bc…f10a✓ Final
12:03:31RTGS · PvP$NCA / USDC$57,8000x4e2d…9a1c✓ Final
12:03:18RTGS$MSS / USDC$19,1000x0d71…e882✓ Final

Risk management

Stress test results

Last run: 6 hours ago · Automated daily · Moore & Cabot framework

50% USDC depeg

+42% ratio

Pass

30% broad market crash

+31% ratio

Pass

Bank run — 24h mass redemption

+19% ratio

Pass

Oracle failure — 1h delay

No shortfall

Pass

Governance multi-sig compromise

Timelock holds

Pass

Transparency

Quarterly attestations

Independent verification by Moore & Cabot LLP · Published on-chain

2026-03-31

Moore & Cabot LLP

0xae7…

PASS

2025-12-31

Moore & Cabot LLP

0x31f…

PASS

2025-09-30

Moore & Cabot LLP

0xc94…

PASS

2025-06-30

Moore & Cabot LLP

0x72b…

PASS