> ## Documentation Index > Fetch the complete documentation index at: https://docs.altura.trade/llms.txt > Use this file to discover all available pages before exploring further. # On-Chain Verifiability > Transparent, auditable, and independently observable. ## Overview 163.png Altura is built on HyperEVM, enabling full on-chain visibility into the vault’s performance, strategy execution, and accounting logic. Every component that impacts user value can be independently reviewed and verified. *** ## **Transparent Vault Accounting** All vault operations occur on-chain, allowing users to verify: * Total assets under management * Total shares in circulation * Price-per-share (PPS) changes over time * Net asset value (NAV) movement * Strategy allocations and rebalancing events PPS reflects real, realized strategy performance and cannot be arbitrarily adjusted. *** ## **Strategy-Level Transparency** While Altura abstracts operational complexity for users, all strategy performance remains transparent and verifiable. Each strategy contributes directly to vault performance, with results observable through on-chain data and vault accounting mechanisms. Strategy-level outputs include: * Funding rate and basis capture results * Market-making and liquidity provision revenue * Arbitrage settlement flows * RWA-related cash flow and settlement activity (where applicable) Performance is reflected in the vault’s balance movements and price-per-share (PPS) evolution, allowing users to independently verify that yield is derived from real economic activity. Altura does not rely on opaque reward mechanisms or artificial incentives.\ All yield is generated through observable execution and reflected directly in vault performance. *** ## **Oracle Update Transparency** PPS updates submitted by oracle reporters are: * visible on-chain * timestamped * signed by authorized reporter addresses * validated through protocol logic Users can confirm that: * PPS only increases when real yield is generated * No future-dated or stale reports are accepted Movement limits ensure fair and predictable updates *** ## **Withdrawal Queue Visibility** All withdrawal activity is fully verifiable: * Active withdrawal epochs * User-specific withdrawal requests * Liquidity availability * Claim eligibility after the minimum holding period Users can independently confirm their place in the epoch queue and the vault’s liquid balance before claiming. *** ## **Transparent Hybrid Execution - No Hidden Risk** Altura does not rely on: * opaque or unverified off-chain trading * manual operators executing discretionary strategies * black-box yield sources * centralized custody environments without on-chain reconciliation Altura operates through a **hybrid execution model**.\ All strategy performance - including arbitrage, funding capture, liquidity provision, and RWA cashflows - is **verified, settled, or reconciled on-chain** (primarily on Hyperliquid and other integrated on-chain venues). Where strategies use **off-chain components** (e.g., execution on perpetual venues, RWA yields, funding collection, or institutional accounts), all cashflows, PnL movements, and risk signals are **continuously mirrored, settled, and accounted for on-chain** over the lifecycle of the position - preserving institutional-grade transparency, auditability, and predictable outcomes. *** ## **Public Contract Addresses** All core components are deployed as immutable or timelocked contracts, including: * Vault contract * Share token * Oracle reporter * Pausing and governance roles * Strategy executors (where applicable) This architecture ensures that users can independently track contract interactions and validate protocol behavior without relying on Altura-operated interfaces.