The collateral is 55.35 mixWETH, shares in the mixWETH vault. At a share price of 1.007346 WETH they are worth 55.76 WETH, or $134.0K at WETH’s $2,403.7716.

A fall of 5.3% in the vault’s share price would take collateralisation from 111.1% to the liquidation line at 105.3%.

7.92 alETH of the debt is set aside for repayment. A line redemption clears it, and so does the holder repaying with vault shares or closing the position. At this share price clearing all of it takes 7.87 mixWETH from the collateral, plus 0.02 mixWETH for the line’s 0.25% redemption fee.

Across the 67 line redemptions on the timeline below, the line cleared 10.32 alETH of this position’s debt and took 10.296 mixWETH of its collateral. Valued in WETH at each redemption’s block, with one alETH counted as one WETH, that is a net of −0.026 WETH for the holder: the debt cleared less the value of the collateral taken. The line’s 0.25% redemption fee, paid to Alchemix’s fee receiver, is −0.026 WETH of it (0.026 mixWETH). Each redemption’s own net is in its card’s detail.

alETH V2 position 0x2c3e…5c9f is this holder’s account from before Alchemix V3, closed on 2 April 2026. Its events are on the timeline below, marked V2, and the figures on this page are V3's alone.