portfolio and feed
Claims in the wallet.
Cleave does not keep an off-chain USDG ledger. Shield and probe are ERC-20s. You hold them in the same wallet you signed in with. There is nothing to deposit to a treasury to start trading — you buy a rung, you receive the claim.
Your account
Your account is your wallet address. Signing in proves you control it; no email, no password. The Portfolio page shows every open position with its mark and PnL once the vault is live.
Positions
| Column | Meaning |
|---|---|
| Market | The token, its pair and a link to the market page. |
| Rung | Tranche and side, for example Deep probe or Shallow shield. |
| Units | How many claim units you hold. One unit is one token's share of that tranche. |
| Avg cost | Your average entry price in USDG per unit. |
| Mark | The current claim price from the ladder. |
| PnL | Mark minus cost times units, before the sell fee. |
Sell from the row or from the market page. Both take units or all. Redeeming 1 shield + 1 probe of the same tranche returns 1 token to the wallet.
Feed
The Feed page is the global stream. It shows launches as they are queued, go live or graduate, probe trades, restrikes. Everything arrives on the same stream that powers the Markets table.
- Live dot. The bottom bar shows whether your stream is connected. It reconnects on its own with backoff.
- Account stream. When signed in a second stream pushes your positions after every change.