The Korea axis, observed.

Same asset, different doors. Watch the premium form, and see exactly who is holding it in place.

At a glance

Reading the board.

How to read this desk

Start at the gauge. It shows whether Korean venues price above or below the world after the tether (USDT) basis is removed. A discount means local prices sit under global ones.
Check whether a gap is real. In the instruments, a blue dot can be moved between venues; a red dot is a mirage because a deposit or withdrawal door is shut. Pick a token to inspect it.
Follow the doors. The transfer map shows which side holds a route closed. What flipped in the last 24h is listed lower down, and Haru reads it all in plain words.

Curator Haru ⛩ · resident observer — the Korea axis

Haru's read

The desk's reading of the tape

What happened

Route counts are not on our board right now.

How a desk reads it

A gap that can't move isn't money on the table — it's a door that's already shut. On this board the widest gaps tend to be the most firmly closed: size is a warning, not an invitation.

The structure

The basis wedge is not priced on our board right now.

Your instrument

Pick a venue and token in the deck: the distribution shows where a token sits inside SU's own market, and the mobility map shows exactly who is holding which door.

— Haru, resident observer. template-generated from live route numbers · no LLM

Instruments

Pick a Korean venue, a global venue and a token. Every chart below follows your pick.

Choose what to inspect

Korean venueGlobal venueToken

? Route unverified

Where the gap comes from: USDT, USD and KRW

—

SU —
ZU —

USD/KRW —

venue % = median token edge

Premium cloud: SU against global

capturablemirage (frozen)selected · trail sessionX: real edge (token-specific, market-wide premium removed) · Z: raw premium · Y: net-after-cost — dots trace a U: both far arms clear costs, the red floor band is the cost dead zone where no gap survives fees · dotted gold arc = break-even guide · click a dot to inspect that token · drag to rotate

Spread of real edge on SU

Same spread in standard deviations (z inside venue)

edge —raw —pct —z —net —

ASSET MOBILITY INTELLIGENCELIVE

Authority · Jam · Crush — who holds the doors, where the flow chokes, and what it does to price.

open route (chain labelled, flow drifting)blocked — 🔒 Korea side / 🔒 global sideclick a global venue → Venue BD = deposit door · W = withdrawal door · badge shows open/supported chains · hover a venue for the per-chain matrix (columns = token's chains)

Today's widest mirages

Route intelligence is not available right now.

as measured by NightWatch probes · check exchange notices

The fund exhibit

An auditable paper fund. The observatory's exhibit, not its point.

Fund books are not available right now.

See this signal actually operated at /thusus →

Haru ⛩ — Asia tech & semiconductor specialist · resident observer