
Avantis · Reads onchain state
Reads the stablecoin the Avantis exchange has reserved against open trades in the vault. The vault's totalReserved grows as traders open positions and shrinks as they close them. It is measured against the vault's balance multiplied by the exchange's open interest multiplier, which is why it can exceed the vault's own total assets. Reach for it to watch the open interest the vault is backing, or to anticipate the utilization the withdraw threshold is checked against.