Reading order. Start with PayBack per year, then total PayBack, then Value Multiplication Ratio and Throughput Ratio.
Interpretation. Solvency metrics still matter, but they are supporting context rather than the public headline.
Backtesting
Treasury stress tests presented like a real product website.
Public pages should lead with what people can understand immediately: how much PayBack was delivered per year, how much was delivered in total, and then the supporting Value Multiplication Ratio and Throughput Ratio context.
Tracked Assets
6
latest run per asset
Median PayBack / Year
$273.5M
portfolio centerline
Total PayBack
$9.08B
all published assets combined
Best Throughput Ratio
11.16x
top net throughput efficiency
Best Value Multiplication Ratio
2.94x
strongest headline value creation
Asset summaries
Each asset gets a full-width summary with the PayBack-first chart, plain-language metrics, and a link to the dedicated public page.
Cash-realized outcomes stay strong and OFL gates remain broadly open.
PayBack / Year
$534.5M
annualized public headline
Total PayBack
$2.95B
cumulative distributions executed
Value Multiplication Ratio
1.95x
spelled out for public readers
Throughput Ratio
11.16x
net throughput / average protected capital
Net VMR
1.76x
cash-realized quality
OFL Gate Open
96.4%
secondary solvency context
The run clears the cash-realized bar, but solvency headroom still deserves review.
PayBack / Year
$518.9M
annualized public headline
Total PayBack
$2.86B
cumulative distributions executed
Value Multiplication Ratio
1.37x
spelled out for public readers
Throughput Ratio
7.43x
net throughput / average protected capital
Net VMR
1.19x
cash-realized quality
OFL Gate Open
100.0%
secondary solvency context
The run clears the cash-realized bar, but solvency headroom still deserves review.
PayBack / Year
$189.4M
annualized public headline
Total PayBack
$1.04B
cumulative distributions executed
Value Multiplication Ratio
1.62x
spelled out for public readers
Throughput Ratio
6.39x
net throughput / average protected capital
Net VMR
1.45x
cash-realized quality
OFL Gate Open
100.0%
secondary solvency context
The run clears the cash-realized bar, but solvency headroom still deserves review.
PayBack / Year
$56.5M
annualized public headline
Total PayBack
$254.8M
cumulative distributions executed
Value Multiplication Ratio
1.36x
spelled out for public readers
Throughput Ratio
6.88x
net throughput / average protected capital
Net VMR
1.12x
cash-realized quality
OFL Gate Open
81.4%
secondary solvency context
Cash-realized outcomes stay strong and OFL gates remain broadly open.
PayBack / Year
$357.6M
annualized public headline
Total PayBack
$1.97B
cumulative distributions executed
Value Multiplication Ratio
2.94x
spelled out for public readers
Throughput Ratio
9.37x
net throughput / average protected capital
Net VMR
2.85x
cash-realized quality
OFL Gate Open
100.0%
secondary solvency context
This path needs tighter scrutiny before it can be presented as production-grade.
PayBack / Year
$3.1M
annualized public headline
Total PayBack
$5.7M
cumulative distributions executed
Value Multiplication Ratio
0.83x
spelled out for public readers
Throughput Ratio
1.98x
net throughput / average protected capital
Net VMR
0.57x
cash-realized quality
OFL Gate Open
100.0%
secondary solvency context
Showing latest available run per asset (BTC, ETH, LINK, AAVE, NVDA, PENDLE).
Cross-asset matrix
This table keeps the public ordering explicit: PayBack per year first, total PayBack second, then Value Multiplication Ratio and Throughput Ratio.
| Asset | PayBack / yr | Total PayBack | VMR | Thr ratio | Gate open |
|---|---|---|---|---|---|
| BTC Class A |
$534.5M | $2.95B | 1.95x | 11.16x | 96.4% |
| ETH Class A |
$518.9M | $2.86B | 1.37x | 7.43x | 100.0% |
| LINK Class F |
$189.4M | $1.04B | 1.62x | 6.39x | 100.0% |
| AAVE Class F |
$56.5M | $254.8M | 1.36x | 6.88x | 81.4% |
| NVDA Class A |
$357.6M | $1.97B | 2.94x | 9.37x | 100.0% |
| PENDLE Class F |
$3.1M | $5.7M | 0.83x | 1.98x | 100.0% |