Backing102.9%KAS ≥ iKAS
KAS locked on L127.29M$1.28M
iKAS on Igra26.52Min circulation
Awaiting L1 payout3.02M15 over 72h
Typical payout time26 hmedian, last 30 days

Backing

Both sides of the bridge

live
KAS locked on Kaspa L1Balance of the bridge Entry address
27,287,828 KAS
iKAS in circulationNative supply on Igra
26,518,329 KAS
SurplusLocked minus minted
+769,499 KAS
BackingKAS locked ÷ iKAS minted
102.9%

Where the locked KAS goes

27.29M KAS
Hover a segment
Backs iKAS in circulation97%Exits awaiting L1 payout2.8%
How long the last 40 exits took to be paid on L1

Why it reads above 100%

Leaving Igra takes two steps. KasExitBridge burns the iKAS on Igra straight away. The guardian committee then sends the KAS from the L1 Entry address, usually within 48–72 hours. Until that happens, the KAS still counts as locked but the iKAS is already gone.

Exits burned on Igra but not yet paid on L1 total 3,022,188 KAS. The surplus is 769,499 KAS. Unpaid exits are larger than the surplus: once they are paid, backing would fall below 100% unless new deposits arrive.

dawns matches each exit to a Kaspa L1 payment from the Entry address to its payout address. 476 of 646 exits are matched so far.

Backing · hourly

dawns history

Recent exits

ExitAmountValueRequestedIgra txKaspa L1 payout
#661137,788 KAS$6.4K46 min ago0x3093d78e…Waiting 1 h
#66015,000 KAS$70215 h ago0x9f23db64…Waiting 15 h
#659250,000 KAS$11.7K18 h ago0x5c54b899…Waiting 18 h
#65830,000 KAS$1.4K31 h ago0xdeddbd7e…Waiting 31 h
#65714,200 KAS$66443 h ago0x829bf0d9…Waiting 43 h
#65611,000 KAS$51443 h ago0x1c5e9bd8…Waiting 43 h
#65532,000 KAS$1.5K44 h ago0xc444e64c…Waiting 44 h
#65470,000 KAS$3.3K48 h ago0xaba07496…Waiting 48 h
#653179,500 KAS$8.4K48 h ago0xd274ad4e…Waiting 48 h
#65210,000 KAS$4683 days ago0xb098ee31…Waiting 3 days
#65125,000 KAS$1.2K3 days ago0x710895e8…Paid in 31 h · 20,000 KAS
#65017,565 KAS$8213 days ago0x57036db6…Paid in 31 h
#64910,300 KAS$4824 days ago0x541171a4…Paid in 45 h
#64811,000 KAS$5144 days ago0xcfa9367d…Paid in 2 days
#647214,550 KAS$10.0K4 days ago0xa2bea0f3…Paid in 2 days
#64611,000 KAS$5144 days ago0xfbb467d1…Paid in 2 days
#645250,000 KAS$11.7K4 days ago0x2c4b0af3…Paid in 2 days
#64410,150 KAS$4755 days ago0x3bd88f8b…Paid in 3 days
#643250,000 KAS$11.7K5 days ago0x44f6c04d…Paid in 3 days
#64220,000 KAS$9355 days ago0x3e9bcff0…Paid in 3 days
#64140,000 KAS$1.9K5 days ago0x90989ce8…Not found after 5 days
#64050,000 KAS$2.3K6 days ago0xc4e479eb…Paid in 4 days
#63929,450 KAS$1.4K6 days ago0x33a43135…Paid in 4 days · 24,450 KAS
#638220,000 KAS$10.3K6 days ago0xfc888623…Paid in 4 days · 215,000 KAS
#63747,000 KAS$2.2K6 days ago0x66fa1976…Paid in 4 days

Read with KasExitBridge.getExitRequest(id), newest first. A payout counts when a Kaspa L1 transaction spends from the Entry address and sends the exit amount to the payout address the user gave. An amount in orange means the payment differed from the exit amount.

Exit rules

Limits set in the contract

Smallest exit
10,000 KAS
Largest exit
250,000 KAS
Throttle window86,400 blocks, about 26 h
25 exits · 1.00M KAS
Fees charged all-time
0 KAS

Current window

ends at #17,971,199
Exits left in this window
23 of 25
KAS that can still exit
847,212 KAS

If the window fills up, new exits wait for the next one. A large run on iKAS would show up here first.

Contracts

ContractAddressUpgradeableControlled by
Entry address
Kaspa L1 · P2SH multisig
kaspa:ppvnxxzm0r…r72q9n—Guardian committee
KasExitBridge
Igra
0x4bb8…b2d0Proxy → 0x00d3…1334Contract owner (multisig or timelock) 0xB330…bf18

Verification

What dawns checks

KAS held by the Entry addressapi.kaspa.org address balance
iKAS in circulationIgra explorer coin supply
Every exit requestKasExitBridge.getExitRequest, nextExitRequestId
L1 payout per exitKaspa L1 payments from the Entry address to each payout address
Limits, throttle and ownergetConfig, throttleStatus, owner, EIP-1967 slot

Not yet checked

Guardian set and thresholdThe multisig script behind the Entry address is not decoded yet
Why a payout differsSome payouts are smaller than the exit amount; the reason is not published on-chain