Avant savUSD
Live . avalanche . 0x06d47F3fb376649c3A9Dafe069B3D6E35572219E
What this vault advertises, against what it actually paid, measured from its own share price on chain over a 30 day window. Everything below is recomputed hourly and every figure on this page comes from the snapshot named at the bottom. Nothing here is typed by hand.
Advertised
9.41%
projected rate
Realized
8.99%
30 day window
Gap
not comparable
advertised as a projection off current market conditions, which reprices continuously, against a 30 day realized window, so no gap is stated.
What Avant published.
savUSD 9.41%
Figure we recorded
9.41%
Basis
projected rate (spot-projected)
Label on their surface
savUSD rate
Read on
2026-08-12
Age at the end of our window
2.8 days, limit 10
Source
https://avantprotocol.com
Open the page we read it from. It is a first-party surface by rule. An aggregator figure is never recorded in this column, whatever it says.
Recompute it yourself.
The realized figure is two calls and one exponent. Both calls are pinned to a block height, so they return the same values for you as they did for us, forever. Use any archive endpoint. We deliberately do not name one: a reproduction that runs on our RPC is not a reproduction.
The call
Chain
avalanche
Contract
0x06d47F3fb376649c3A9Dafe069B3D6E35572219E
Method
convertToAssets(uint256)
Argument
1000000000000000000 (one whole savUSD share, 18 decimals)
eth_call data
0x07a2d13a0000000000000000000000000000000000000000000000000de0b6b3a7640000
Returns
avUSD, 18 decimals
The argument is one whole share in the SHARE token's own decimals, which is not always eighteen. Kerne's own skUSD reports twenty four, so calling it with 1e18 returns a millionth of the right answer. Ask the vault for its decimals rather than assuming, exactly as our collector does.
At the start of the window
Block
90393571 (0x5634be3)
Timestamp
1784140620 (2026-07-15 18:37 UTC)
Share price returned
1.184624469237840945
At the end of the window
Block
92812622 (0x588354e)
Timestamp
1786732620 (2026-08-14 18:37 UTC)
Share price returned
1.193037882147304541
Start of window, cast
RPC_URL=... cast call 0x06d47F3fb376649c3A9Dafe069B3D6E35572219E "convertToAssets(uint256)(uint256)" 1000000000000000000 --block 90393571 --rpc-url "$RPC_URL"End of window, cast
RPC_URL=... cast call 0x06d47F3fb376649c3A9Dafe069B3D6E35572219E "convertToAssets(uint256)(uint256)" 1000000000000000000 --block 92812622 --rpc-url "$RPC_URL"Start of window, raw JSON-RPC
{"jsonrpc":"2.0","id":1,"method":"eth_call","params":[{"to":"0x06d47F3fb376649c3A9Dafe069B3D6E35572219E","data":"0x07a2d13a0000000000000000000000000000000000000000000000000de0b6b3a7640000"},"0x5634be3"]}End of window, raw JSON-RPC
{"jsonrpc":"2.0","id":1,"method":"eth_call","params":[{"to":"0x06d47F3fb376649c3A9Dafe069B3D6E35572219E","data":"0x07a2d13a0000000000000000000000000000000000000000000000000de0b6b3a7640000"},"0x588354e"]}Both calls return an integer in the smallest unit of avUSD. Divide by 10 ** 18 to get the share price printed above. Set RPC_URL to any archive endpoint you trust.
The arithmetic
growth = 1.193037882147304541 / 1.184624469237840945
elapsed = 1786732620 - 1784140620 = 2592000 seconds
annualized = (growth ^ (31536000 / 2592000) - 1) * 100
= 8.992% (0.710218% over the window)
Simple compounding at the observed rate, on a 365 day year. No fee assumption, no reinvestment assumption, no smoothing. If your arithmetic lands somewhere else, that disagreement is the finding and we want it: liam@kerne.fi.
Context for this row.
Live and accruing, with the largest realized figure on this board, and the row that cuts against the easy reading of a shrinking category: avUSD supply grew over the same thirty days in which the delta-neutral category as a whole contracted. Avant's own site renders 9.41 percent for savUSD, up from 9.12 percent two weeks earlier, against a realized reading that moved far less. Read the pair with the structure in mind rather than as a verdict: savUSD is deliberately the senior tranche of a two tranche design, so this figure describes the protected leg only, and the rate carries no window on Avant's surface, so it is recorded as a projection and no gap is stated. One caution about the source, recorded because it nearly caught us: product cards further down that same page render a placeholder 0.00 percent before their widget loads, and on 2026-08-12 all three senior APY cards were still sitting at that placeholder, so the figure quoted here is the loaded hero value, confirmed by reading the page structure rather than the order the text happened to appear in.
This figure is a projection off current market conditions, which reprices continuously, and our realized column is a 30 day window. The projection was never in force for that month, so subtracting one from the other would report where the projection happened to be standing when it was read rather than anything the protocol paid or failed to pay. We show both and state no gap.
This page measures one axis and one only: advertised yield against realized yield. It is not a rating, not an audit, and it says nothing about whether Avant is safe or whether its reserves are what it says they are. A protocol in an announced wind down paying nothing is behaving correctly. The reserve axis is a different page, at the reserve transparency scorecard.
Take this row with you.
This page
https://kerne.fi/honesty-index/avant-savusdCitation
Kerne Honesty Index, 2026-08-14: Avant (savUSD) advertised 9.41%, realized 8.99% from on-chain share-price growth, gap not comparable (advertised as a projection off current market conditions, which reprices continuously, against a 30 day realized window, so no gap is stated). Source: https://kerne.fi/honesty-index#row-avant-savusdBadge, markdown
[](https://kerne.fi/honesty-index#row-avant-savusd)Badge, HTML
<a href="https://kerne.fi/honesty-index#row-avant-savusd"><img src="https://kerne.fi/honesty-badge.svg?row=avant-savusd" width="360" height="112" loading="lazy" alt="Kerne Honesty Index: advertised versus realized yield"></a>Row in the API
https://kerne.fi/api/honesty-index/row/avant-savusdWhere these numbers came from.
Snapshot generated
2026-08-14 18:37 UTC
Snapshot source
live store
Signature
verified, signer 0x84949170e0ad0f9bd8686a4aa4922c10f5fdc4ea
Row key
avant-savusd
The signature is checked on every render rather than assumed from the presence of a field. A snapshot that does not verify is served with that said plainly instead of borrowing the word.
Board last read 2026-08-14. Every figure on this page is regenerated from https://kerne.fi/honesty-index and none of them is stored in this file.