DIRVENBANK

DMM FX External Trader

Real-money loop: client desk profits → Kraken (BTC/EUR/USDC) → HBAR → Hedera chain → DEUR2 → DMM LLC reserves (24/7)

DMM FX LLCreserve profitsFX head q

External trader decision (next move)

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Kraken real balances

asset	balance	keep-buffer	route
XXBT (BTC)	-	0.05	→ HBAR when above buffer
ZEUR	-	5.0	→ HBAR when above buffer
USDC	-	5.0	→ HBAR when above buffer
HBAR (Kraken)	-	15.0	→ Hedera operator (gas floor)
XETH	-	-	watched

Hedera operator (payout rail)

item	value	floor / target
Native HBAR (gas)	-	15 HBAR floor
WHBAR	-	-
USDC	-	-
DEUR2	-	reserve token

DMM LLC reserves (DEURR == DEUR2 · 1:1)

reserve	value
DEURR	-
DEUR2	-

Payout execution — always ICTT/ICM rail FIRST (hard security gate)

step	gate	meaning
0 · ICTT/ICM rail	-	euro-book rail check (DEURR.L1 ↔ DEURR) — runs before ANY payout leg, always. If red, nobody is paid and this screen shows the exact wrapper/locked balance.
0a · AA / Relayers (ERC-4337)	gasless	desk/corporate user hits "Redeem" with NO native AVAX/ETH/HBAR — our relayer sponsors the gas OR nets it out of the redemption amount (delivery stays euro-forever, nowhere "hbar tekort").
1 · ICTT supply conservation	-	DEUR2 total supply == tracked + untracked holders (1:1) — no coin can be cashed as EUR outside the book.
2 · gas HBAR floor	-	operator ≥ 15 HBAR always (real gas, auto top-up on Kraken).
3 · fuel pool (via saucer pools)	-	DEUR2→HBAR internal conversion through OUR deep saucer pools (not a market trade, no counterparty).
4 · desk pool USDC	-	HBAR→USDC through the deep V1 HBAR/USDC pool.
5 · USDC→Kraken	-	real USDC deposit (Kraken floor) before BTC leg.
6 · BTC→client	-	BTC withdrawal to the whitelisted client address.

Flow order on this screen mirrors the real on-chain order: 0 → 6. When a step blocks, the red row shows exactly which real balance is missing.

Pool stability targets (auto · 24/7)

pool	target
Fuel pool WHBAR	50,000
Desk pool USDC	5,000 (floor 165)
Stability rule	desk WHBAR = (remaining USDC − floor) × USDC_EUR/HBAR_EUR

2026-09-15 rates: HBAR €0.07396 · USDC €0.8663 → 1 USDC = 11.71 HBAR

Strategy (the loop nobody wants to forget)

1. FX desk wins (clients) book real P&L — not dummy.
2. The external trader trades the real money on all tiers at real venues (Kraken + more): BTC / EUR / USDC / ETH.
3. Real money lands on Kraken → converted to HBAR.
4. HBAR moves to the Hedera chain (operator ≥ 15 HBAR gas floor always).
5. HBAR → DEUR2 on Hedera → fills the DMM LLC reserves 24/7.
6. Winning clients are paid from reserve profits (DEURR==DEUR2 1:1), never new client money.

On-chain execution is gated by real funds + gas only. When a gate blocks, this screen shows exactly which real balance is missing.

Profit distribution (booked)

rail	status	total EUR
profit_distribution	-	-
client_payout	-	-
btc_payout	-	-

Dirven Market Maker LLC · Dirven FX Software · external trader status auto-refreshes (60s) · RL8 · DDD · UAI