{"count":1,"month":"2026-08","prime":"spark","scope":"allocation analytics; not a settlement restatement","units":{"amounts":"USD","returns":"decimal ratio; 0.05 means 5%"},"period":{"end":"2026-08-31","days":31,"start":"2026-08-01"},"cadence":"monthly","apy_method":"(1 + period revenue / average exposure) ** (365 / days) - 1","allocations":[{"label":"Savings USDS / sUSDS proxy (Arbitrum \u2014 POL)","net_apy":"-0.0008292475414714119728064440355963361553","venue_id":"S43","gross_apy":"0.035596942775750822285934681710619073431","net_pnl_usd":"-6547.1164145246443811651375","yield_status":"available","gross_revenue_usd":"276465.83355261612877538426","yield_denominator":"published time-weighted position value/notional","borrowing_cost_usd":"283012.9499671407731565493975","net_monthly_return":"-0.00007045597890123089682945835761","cost_reported_under":null,"gross_monthly_return":"0.002975152678281586729550214622","borrowing_cost_status":"calculable_under_assumption","savings_dependency_days":[],"average_yield_exposure_usd":"92924923.00337996422419467797","prime_retained_revenue_usd":"276465.83355261612877538426","excess_deduction_credit_usd":"0E-22","average_original_principal_usd":"91143754.18867511650817716303","closing_original_principal_usd":"87648626.03050287726788754279","spread_reimbursement_excluded_from_net_usd":"15784.50746906728159424676719"}],"limitations":["Assumption-based diagnostic; not a new production charge or a certified global debt reconciliation.","Potential Savings dependencies propagate conservatively across mixed transactions, not quantified Savings balances.","Refinancing Savings and debt repayments need separate attribution; original capital is not outstanding ilk debt.","Uses frozen normalized history and published August revenue/rates; no RPC or revenue regeneration.","Costs reuse the existing daily effective blended rate and exact available dollar deductions.","Deductions are capped at allocation principal for its charge; excess deduction credit remains explicitly separate for the global bridge."],"provisional":true,"source_hashes":{"publisher":"8cbf743c6426b0ae27977b4fcc6572969bdc1e40876fda287cdb36bb2bb9861e","yield_artifact":"4012693eab75dbe1c103e7fad0e2a8983024faff5f9435cfe268c9cac0102b34","capital_artifact":"a5d7c79f70553929822950343b0abf1b96985680bbe124e2606ba41e3e013efc"},"capital_method":"Original capital carried through normalized transactions, weighted-average source basis; end-of-day convention.","funding_policy":"Operator-confirmed Sky funding except Spark Savings; exclude classified income and reinvested gains.","net_definition":"Prime-retained venue revenue minus modeled allocation borrowing costs; excludes Prime-level adjustments/spread reimbursements.","schema_version":"1.0","revision_id":"a765e5bda4745256fa8f98b9e862db935838e3ffc3b8978fffba60f9aa4acb8a","published_at":"2026-10-29T02:08:14.234929+00:00","venue":"S43"}