These exhibits measure Agreement exposure and sensitivity in USD. Delta expressed as equivalent BTC exposure remains a dollar sensitivity; it does not measure changes in lifetime BTC recovery.
COIN WORKSPACE / ADVANCED EXPOSURE
Supporting USD exposure and sensitivity analysis. BTC growth and shortfall measures remain in your workspace’s Risk & cash view.
The exposure layer on the engine's own paths — the two lines, the ladder, the Greeks, PD · LGD · EAD, the walk-away frontier
These controls edit the shared scenario. Run the analysis after making changes; results keep the inputs from their completed run.
GBM · 0% drift · 43% annual volatility
Coverage, the ladder and credit decomposition below describe one simulated paper book. Sensitivities measure dollar outcomes, average their own seed sample and rerun from inception; they are not sensitivities of an existing held portfolio. Delta expressed in BTC is the dollar sensitivity’s equivalent BTC exposure, not sensitivity of the BTC growth objective. Path-volatility sensitivity is not implied-volatility vega.