UnyKorn Handoff
Reference marks

Desk · structuring

Structure size. Stress. Handoff off-system.

Internal size only. Public marks are venue references, not fills. Minting and execution remain with the issuer’s appointed rails.

REF
Public reference

Delayed venue print. Not a UnyKorn price.

LAB
Internal size

Calculation only. Not a market.

RAIL
Counterparty

Named. No account session on this console.

HOLD
Not connected

Order, custody, settlement, and mint remain off-system.

StatusTicketSideAssetSizeMark
REFUYK-REF-BTCREFBTC1.00spot
REFUYK-REF-PAXGREFPAXG1 ozspot
REFUYK-OBI-BTCREFCoinbase L2 OBItop 100public
LABUYK-TBILL-25MSIZET-bill sleeve$25,000,0004.60%
LABUYK-PAXG-200SIZEPAXG collat200 ozattest
HOLDUYK-MINTHOLDSeries mintlaunch rail
RAILUYK-PAXOSRAILPYUSD / PAXGnamedno session
HOLDUYK-EXPRESSHOLDBitGo Expressdaemonnot attached
HOLDUYK-CCTHOLDCCIP BurnMintpoolunsigned
HOLDUYK-EXECHOLDExecution triggerSPInot attached

Black–Scholes · structure size

European. Used to size a series — not to quote a book.

GBM paths

Tails for issuance cap. Not a P&L forecast.

Confluence LAB REF

Book imbalance from Coinbase public depth. Pearson uses an internal sample series, not a Federal Reserve feed. Execution remains disconnected.