Insights
News and insights
Admissions, research on verification data, quarterly reports, market data notes and every methodology change, written by the teams that did the work.
- News
CMX-U is the one settlement asset on CRYMAD L2
One dollar asset, minted 1:1 against USDC or USDT in a CrymadX reserve, burned on redemption. The two-CMX-U provisional marks are removed.
VORUNEX Engineering, 5 min read - Market Data
Verified value by region, September 2026
Where the admitted assets sit, by value and by count, across the seven regions issuers list from today.
VORUNEX Market data, 3 min read - Reports
Reporting on time: third quarter 2026
Financial and operating reports arrived on schedule for most listings; the exceptions are named with their status.
VORUNEX Watchtower operations, 6 min read - News
Private Credit becomes the ninth asset class
Trade finance, real estate debt, SME loans, receivables and infrastructure debt now list under their own annex, with a specialist review pool.
VORUNEX Admissions, 4 min read - Research
Source rank explains most of the score dispersion across classes
Across admitted assets, the share of gating claims with rank 1 evidence predicts the RWA Score better than asset class or jurisdiction.
VORUNEX Research, 8 min read - Methodology updates
Score model 1.2.0: evidence expiry now bites on the expiry date
Category points fall the day evidence expires, not at the next review. Passports show both the scoring version and the version in force.
VORUNEX Methodology, 4 min read - Research
Detected or declared: where material events come from
About a third of material events in the register were detected by Watchtower before the issuer declared them. The rest were declared first.
VORUNEX Research, 7 min read - Methodology updates
Risk model 1.1.0 adds Private Credit drivers
Borrower concentration, servicer dependency and recovery data join the published driver list.
VORUNEX Risk, 3 min read