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Bazantic // Recipe
Explain DeFi Vault Evidence Clearly.
explain-defi-vault-evidence-clearly
Explain what a DeFi wallet holds, how its supported vault allocations work, and what the available evidence actually establishes. Uses Tare to separate observed balances, calculated exposure, reference prices and scoped checks from missing evidence. Accounting agreement is not treated as proof of backing or safety.
Recipe inputs
Complete fields before a run.
Enter your question and a public wallet address, vault address, or saved example name. Do not include private keys, seed phrases or access tokens.
Output example
Representative published output.
"Now let me format this into the requested JSON response with detailed analysis:\n\n```json\n{\n \"analysis\": {\n \"short_answer\": \"The wallet at 0x334f5d28a71432f8fc21c7b2b6f5dbbcd8b32a7b holds 25,214,434.14 shares (in raw units: 25214434140816810935371051) of the Steakhouse vault (0xbeef01735c132ada46aa9aa4c54623caa92a64cb). These shares represent a contract-reported claim on approximately 28.73 USDC equivalent under the reported conversion. The evidence is saved (not fresh), and backing is not independently verified. Therefore, the evidence does not prove full backing—only that the vault reports allocations across 12 lending markets on Morpho Blue.\",\n \"evidence_type\": \"saved-evidence\",\n \"network\": \"Ethereum\",\n \"observed_block\": \"25937756\",\n \"block_hash\": \"0x2ae5e57c83314a354143af0b2e3d7ebed083888131fb8ecbd56152d97f0b1dca\",\n \"captured_at\": \"2026-09-09T05:35:09.475Z\",\n \"source_mode\": \"recorded-rpc\",\n \"evidence_id\": \"sha256:92f7127f49e027fd8d68d08e63cd8da69032a5cb45fdc5c3a17e915f94f93585\",\n \n \"section_1_short_answer\": \"Saved evidence shows wallet 0x334f5d28a71432f8fc21c7b2b6f5dbbcd8b32a7b holds Steakhouse vault shares worth an implied 28.73 USDC equivalent. The vault allocates these claims across 12 lending markets, but independent backing verification is missing. The evidence does not prove full backing.\",\n \n \"section_2_what_was_directly_observed\": {\n \"wallet_address\": \"0x334f5d28a71432f8fc21c7b2b6f5dbbcd8b32a7b\",\n \"vault_address\": \"0xbeef01735c132ada46aa9aa4c54623caa92a64cb\",\n \"vault_asset\": \"0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48\",\n \"vault_asset_name\": \"USDC\",\n \"vault_asset_decimals\": 6,\n \"wallet_share_balance_raw\": \"25214434140816810935371051\",\n \"vault_total_supply_raw\": \"59354478031005592537282559\",\n \"vault_total_assets_raw\": \"67626448434968\",\n \"contract_conversion_quote_raw\": \"28728443339809\",\n \"unattributed_assets_raw\": \"5\",\n \"queue_length\": 12,\n \"markets_observed\": 12,\n \"markets_expected\": 12,\n \"markets_type\": \"lending-receivable (all 12)\",\n \"backing_verification_count\": \"0 (all unverified)\",\n \"observations_source\": \"primary (recorded Ethereum RPC)\"\n },\n \n \"section_3_what_was_derived\": {\n \"share_explanation\": \"Shares are contract-reported accounting units representing a claim on the vault. They are not direct custody of underlying assets.\",\n \"implied_usdc_quote_raw\": \"28728443339809\",\n \"implied_usdc_quote_decimal_6\": \"28.728443339809\",\n \"implied_usdc_quote_note\": \"This is the reported conversion quote (not guaranteed withdrawal proceeds).\",\n \"ownership_percentage_raw\": {\n \"numerator\": \"25214434140816810935371051\",\n \"denominator\": \"59354478031005592537282559\",\n \"approximate_percentage\": \"42.48%\"\n },\n \"market_allocations_observed\": [\n {\n \"market_index\": 0,\n \"market_id\": \"0x54efdee08e272e929034a8f26f7ca34b1ebe364b275391169b28c6d7db24dbc8\",\n \"collateral_token\": \"0x0000000000000000000000000000000000000000 (none)\",\n \"attributed_assets_raw\": \"0\",\n \"attributed_usdc_decimal_6\": \"0\"\n },\n {\n \"market_index\": 1,\n \"market_id\": \"0x64d65c9a2d91c36d56fbc42d69e979335320169b3df63bf92789e2c8883fcc64\",\n \"collateral_token\": \"0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf\",\n \"attributed_assets_raw\": \"14764611631285\",\n \"attributed_usdc_decimal_6\": \"14764.611631285\"\n },\n {\n \"market_index\": 2,\n \"market_id\": \"0x3a85e619751152991742810df6ec69ce473daef99e28a64ab2340d7b7ccfee49\",\n \"collateral_token\": \"0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 (WBTC)\",\n \"attributed_assets_raw\": \"5375605446165\",\n \"attributed_usdc_decimal_6\": \"5375.605446165\"\n },\n {\n \"market_index\": 3,\n \"market_id\": \"0xb323495f7e4148be5643a4ea4a8221eef163e4bccfdedc2a6f4696baacbc86cc\",\n \"collateral_token\": \"0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 (stETH)\",\n \"attributed_assets_raw\": \"1162066004910\",\n \"attributed_usdc_decimal_6\": \"1162.066004910\"\n },\n {\n \"market_index\": 4,\n \"market_id\": \"0xc498f4bfdda99e60ea8eb04c1e145654a70bc59da76ef9c6ed54a1314d78e5b5\",\n \"collateral_token\": \"0xbeef0c075da5d01112ae5cf34d257074fb5ddb2f\",\n \"attributed_assets_raw\": \"4641188608723\",\n \"attributed_usdc_decimal_6\": \"4641.188608723\"\n },\n {\n \"market_index\": 5,\n \"market_id\": \"0x7e585a933ffe8443c371b4f8cfeb4430f5f6a14c2f32a898c26662c67a1cb8b8\",\n \"collateral_token\": \"0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 (stETH)\",\n \"attributed_assets_raw\": \"2493647629473\",\n \"attributed_usdc_decimal_6\": \"2493.647629473\"\n },\n {\n \"market_index\": 6,\n \"market_id\": \"0x94b823e6bd8ea533b4e33fbc307faea0b307301bc48763acc4d4aa4def7636cd\",\n \"collateral_token\": \"0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2 (WETH)\",\n \"attributed_assets_raw\": \"191226746458\",\n \"attributed_usdc_decimal_6\": \"191.226746458\"\n },\n {\n \"market_index\": 7,\n \"market_id\": \"0x34377fc4f617c51818e92c79df31ff270c6a91bc94ad32e367fdf59b9f4ac5dd\",\n \"collateral_token\": \"0xcd5fe23c85820f7b72d0926fc9b05b43e359b7ee\",\n \"attributed_assets_raw\": \"10850706857\",\n \"attributed_usdc_decimal_6\": \"10.850706857\"\n },\n {\n \"market_index\": 8,\n \"market_id\": \"0x09dc9e7eb5d8fc54b2bc41d1135fd4e99057a580f680321faeb90c7a21e631c1\",\n \"collateral_token\": \"0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 (WBTC)\",\n \"attributed_assets_raw\": \"85352863113\",\n \"attributed_usdc_decimal_6\": \"85.352863113\"\n },\n {\n \"market_index\": 9,\n \"market_id\": \"0xbc99de6a88904cd0e69042ad6f266e63182801f030c636507c3caf590ffd84fe\",\n \"collateral_token\": \"0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf\",\n \"attributed_assets_raw\": \"2482259441\",\n \"attributed_usdc_decimal_6\": \"2.482259441\"\n },\n {\n \"market_index\": 10,\n \"market_id\": \"0x85252bb8485c99bba46fe149c7dd2aad83672640f53c630890673cf1848ba16e\",\n \"collateral_token\": \"0xcd5fe23c85820f7b72d0926fc9b05b43e359b7ee\",\n \"attributed_assets_raw\": \"1395516643\",\n \"attributed_usdc_decimal_6\": \"1.395516643\"\n },\n {\n \"market_index\": 11,\n \"market_id\": \"0xfb8d92086861bae6fb778917afd1de5dbbc4ec70edfb636fed48238e225e7e3d\",\n \"collateral_token\": \"0x54c1ff361b402f66c13107421e6a431c3375ef24\",\n \"attributed_assets_raw\": \"15926736\",\n \"attributed_usdc_decimal_6\": \"0.015926736\"\n }\n ],\n \"total_attributed_assets_raw_check\": \"28728443339794\",\n \"total_attributed_assets_decimal_6\": \"28.728443339794\",\n \"note_on_derived\": \"All market allocations are derived from the vault's reported composition. This is what the contract reports, not independent verification of actual lending positions or collateral backing.\"\n },\n \n \"section_4_evidence_sources_checked\": {\n \"primary_source\": {\n \"id\": \"primary\",\n \"status\": \"complete\",\n \"scope\": \"vault-to-blue-loan-receivables\",\n \"chain_id\": 1,\n \"block_number\": \"25937756\",\n \"block_hash\": \"0x2ae5e57c83314a354143af0b2e3d7ebed083888131fb8ecbd56152d97f0b1dca\",\n \"captured_at\": \"2026-09-09T05:35:09.475Z\",\n \"source_mode\": \"recorded-rpc\",\n \"freshness\": \"saved-evidence (not a fresh blockchain check)\",\n \"protocol\": \"metamorpho-v1-blue-v1\",\n \"operation\": \"resolve-v1\"\n },\n \"the_graph_source\": {\n \"id\": \"the-graph\",\n \"status\": \"not-included\",\n \"scope\": \"No evidence from this source in this response\"\n },\n \"chainlink_source\": {\n \"id\": \"chainlink\",\n \"status\": \"not-included\",\n \"scope\": \"No evidence from this source in this response\"\n },\n \"sources_differ\": false,\n \"note\": \"Only the primary recorded RPC data is present. The Graph and Chainlink were not queried or are not included in this compact view.\"\n },\n \n \"section_5_what_checks_support\": {\n \"established_facts\": [\n \"At Ethereum block 25937756, the requested vault (0xbeef...) reported 25.2 quadrillion shares (in raw form) held by the requested wallet.\",\n \"The vault's total supply was ~59.4 quadrillion shares, implying the wallet owns approximately 42.48% of the vault.\",\n \"The vault's reported total assets were 67,626,448.434968 USDC in contract terms.\",\n \"The vault reported a conversion quote of 28.73 USDC equivalent for the wallet's shares.\",\n \"The vault allocates its claims across 12 separate Morpho Blue lending markets, with detailed attributed amounts per market.\",\n \"All 12 markets are lending-receivables type (representing loans, not collateral).\",\n \"No backing verification is independently confirmed for any market; all are marked unverified.\"\n ],\n \"scope_limits\": \"The check covers only the vault-to-blue-loan-receivables path. It confirms reported allocations, not actual lending performance, collateral safety, borrower solvency, or ability to withdraw at the quoted rate.\"\n },\n \n \"section_6_what_remains_unknown\": {\n \"missing_backing_verification\": \"No independent verification of whether the reported lending markets actually hold performing loans or sufficient collateral. Morpho backing is unverified.\",\n \"missing_valuation\": \"No market-priced valuation of the position. The 28.73 USDC figure is a contract-reported quote, not a guaranteed redemption amount or market price.\",\n \"missing_graph_evidence\": \"No data from The Graph subgraph, even though it can support Morpho loan and market verification.\",\n \"missing_chainlink_prices\": \"No Chainlink oracle prices for the collateral assets in the lending markets (WBTC, stETH, WETH, etc.).\",\n \"full_backing_status\": \"Whether 28.73 USDC is fully backed by real lending assets in Morpho is not proven by this evidence alone.\",\n \"custody_and_safety\": \"Whether the vault can actually redeem shares, whether markets are healthy, whether borrowers will repay, and whether collateral covers all loans remain unverified.\",\n \"redeemability\": \"No evidence of successful redemption or queue processing. The vault shows a queue length of 12, but recovery odds are not assessed.\",\n \"hidden_liabilities\": \"Absence of other liabilities, fees, or economic claims on the vault is not confirmed.\"\n },\n \n \"section_7_technical_details_and_provenance\": {\n \"schema_version\": 3,\n \"protocol\": \"metamorpho-v1-blue-v1\",\n \"operation_used\": \"resolve-v1\",\n \"capture_digest\": \"sha256:92f7127f49e027fd8d68d08e63cd8da69032a5cb45fdc5c3a17e915f94f93585\",\n \"vault_details\": {\n \"address\": \"0xbeef01735c132ada46aa9aa4c54623caa92a64cb\",\n \"underlying_asset\": \"0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 (USDC)\",\n \"asset_decimals\": 6,\n \"owner_requesting\": \"0x334f5d28a71432f8fc21c7b2b6f5dbbcd8b32a7b\",\n \"verification_status\": \"not-independently-verified\",\n \"kind\": \"complete\",\n \"findings_count\": 0,\n \"queue_length\": 12\n },\n \"position_classification\": {\n \"wallet\": \"requested identity, not proof of ownership\",\n \"vault\": \"requested vault; inspect returned observations\",\n \"asset\": \"observed identifier, not custody\",\n \"markets\": \"reported markets; allocations are derived\"\n },\n \"evidence_completeness\": {\n \"expected_markets\": 12,\n \"observed_markets\": 12,\n \"coverage\": \"complete within scope\",\n \"omitted_facts_count\": 0,\n \"omitted_notes_count\": 0,\n \"compact_view_note\": \"Raw evidence, verbose details, and full findings are available from the full API. This compact view preserves verdicts, summaries, metrics, and the evidence digest.\"\n },\n \"limitations_declared\": [\n \"Recorded evidence is unsigned and is not a fresh source check.\",\n \"Morpho backing remains unverified; the WETH metric applies only to the wrapper (where applicable).\",\n \"missing-independent-backing-verification\",\n \"missing-valuation\"\n ],\n \"authorization_status\": {\n \"status\": \"not-included\",\n \"settlement_receipt\": \"not-included\",\n \"note\": \"Authorization enables access only, never vault evidence.\"\n },\n \"plain_language_terms\": {\n \"vault_shares\": \"Contract-reported accounting units representing a claim on a vault.\",\n \"underlying_asset_quote\": \"The asset amount implied by the reported share conversion, not guaranteed withdrawal proceeds.\",\n \"allocation\": \"A reported or derived assignment to a supported vault or market, not necessarily cash in custody.\",\n \"not_verified\": \"The available evidence does not establish this claim. It does not establish the opposite either.\"\n },\n \"supported_conclusion\": \"The requested scope completed. Only explicit observations, comparisons and scoped metrics support conclusions; full backing and safety are not established.\"\n },\n \n \"section_conclusion\": \"This is saved evidence, not a fresh blockchain check. The wallet address holds shares in the Steakhouse vault that convert to approximately 28.73 USDC at the reported rate. The vault allocates these claims across 12 Morpho Blue lending markets backed by various collateral tokens (WBTC, stETH, WETH, and others). However, the evidence does not independently verify that these markets are performing, that borrowers will repay, that collateral is sufficient, or that full redemption at the quoted rate is possible. Chainlink prices and The Graph composition data were not queried or included. Therefore, while the vault reports a clear structure, proving full backing would require additional independent verification of the underlying Morpho loans, their health, and collateral sufficiency—none of which is provided in this evidence.\"\n },\n \"disclaimer\": \"This explanation summarizes the returned evidence. It does not add new verification.\"\n}\n```"