NAV per xCUP, signed every business day.
One page per series. Each day carries its net asset value, the events behind the change and an Ed25519 signature anyone can check.
Simulated series
Illustration only. Nothing stands behind these figures: no token, no copper, no client. They are signed the same way so that the record and the page can be tested end to end, and every day of them says "sample": true inside the signature.
Live series
Real subscriptions settled on the Sepolia test network, valued from the operations register. These series are days old, so there is little history and little money in them yet.
Its own record
Every series has its own event log, NAV per xCUP, token and attestations. Nothing is pooled across series.
Copper price in full
After purchase the series takes the copper price in full, up and down.
Operational margin
A short copper hedge on the inventory largely cancels the copper price, so the operational margin remains.