Calculations

This section provides definitions for all the calculations in the Risk Summary.

Metric	Description
Active Venues	The number of distinct venues that Credora is monitoring for a specific user. Does not indicate the amount of Sub Accounts.
Assets	Value of portfolio Assets in USD terms across all venues. Includes bilateral loan collateral and Assets borrowed on DeFi and CeFi venues.
Venue Equity	Value of Equity in USD terms across exchanges. Includes adjustments for Unrealized P&L (UPL), and assets borrowed on Venues.
Liability	Sum of all Liabilities across bilateral loans, DeFi, and CeFi activity.
ABS Delta	Absolute approximated USD Delta. Credora converts all assets and derivatives positions (excluding Fiat and stablecoins) assuming a 1:1 correlation. Different asset class positions net out, and Credora captures the absolute value of the aggregate.
Gross Leverage	All asset classes and instruments are converted to a USD amount and summed. There are no offsets across asset classes or venues.