Transaction

Success

delegatecall

Used delegatecall — proxy or library code ran in the caller's storage context.

Storage-heavy

0x89ff1481fda00e37bc7df577da675b9764d14ce9529cd11ebc1a34d1c568e207

162d ago (Tue, 10 Mar 2026 16:19:11 GMT)Tx 27 of 421 in blockPosition in block 24628213: txIndex 26 (zero-based) of 421 transactions

Value

0.0000 ETH

Token Transfers

Tx Type

EIP-1559

Method

0x43abcb04

1028 bytes

Routed through 3 poolsSeveral swaps where a token one leg received is the token the next leg sends — a route through pools rather than independent trades.derivedFollows from combining facts (for example a deposit log together with native value). Reasonable, but a reading rather than a statement.#22 #25 #30

Tokens were swappedA `Swap` log, the standard pool event. The evidence links show how many logs there were — the count is deliberately not stated as a number of swaps, because a router re-emits the pool’s event under its own address.confirmedRead from a standard event or a structural fact of the call tree — the transaction says this outright.#22 #25 #30

Native ETH was wrappedA `Deposit` log together with native value on the transaction — ETH turned into its wrapped form. `Deposit` alone would not be enough: staking contracts emit it too.derivedFollows from combining facts (for example a deposit log together with native value). Reasonable, but a reading rather than a statement.#10

Tokens were minted: eUSDC-2, eWETH-2-DEBTA transfer whose sender is the zero address. Tokens came into existence here.confirmedRead from a standard event or a structural fact of the call tree — the transaction says this outright.#9 #17

Overview Token Transfers(14)NFT Transfers Events(32)Trace(201/18)

Gas hotspotsGas each call burned BY ITSELF — its own consumption minus everything it invoked, since the wire reports gas inclusively. The share is of the root call's gas, not of the transaction fee.

5.7%
4.8%
3.9%

Repeated callsThe same executing code called with the same 4-byte selector more than once. On an arbitrage this is the shape of the strategy itself — no semantic layer needed to see it.

Euler E Vault Factory0x5c60da1b×27
Wrapped Ether0x70a08231×6
Tether USD0x70a08231×6

ParticipantsDistinct addresses called, how many calls each took, and how many frames ran someone else's code in their caller's storage (DELEGATECALL/CALLCODE).

30 callees· 50 delegating

EVK Vault eWETH-2×34
Euler E Vault Factory×27
EVK Vault eUSDC-2×26

depthFold the tree to a level: everything deeper than the number you pick is hidden, and the calls AT that level stay visible. Opening one of them then reveals exactly one more level.Show levels 1–1, fold everything belowShow levels 1–2, fold everything belowShow levels 1–3, fold everything belowShow levels 1–4, fold everything belowShow levels 1–5, fold everything belowShow levels 1–6, fold everything belowShow levels 1–7, fold everything belowShow levels 1–8, fold everything below201 calls · depth 18Calls in this trace, including the top-level one, and the deepest nesting level reached.

CALL0x8888...b7ad→0x8523...4371< 0.000001ETH0x43abcb04

CALL0x8523...4371→Uniswap V3: WETH/USDT 0.01%0x128acb081 log

CALLUniswap V3: WETH/USDT 0.01%→Tether USD0xa9059cbb1 log1⇄

STATICCALLUniswap V3: WETH/USDT 0.01%→Wrapped Ether0x70a08231

CALLUniswap V3: WETH/USDT 0.01%→0x8523...43710xfa461e33

STATICCALL0x8523...4371→Tether USD0x70a08231

CALL0x8523...4371→Tether USD0xa9059cbb1 log1⇄

CALL0x8523...4371→0x4fdc...e4ba0x7ae2de93

STATICCALL0x4fdc...e4ba→Tether USD0x70a08231

CALL0x4fdc...e4ba→Tether USD0xa9059cbb1 log1⇄

STATICCALL0x4fdc...e4ba→Tether USD0x70a08231

CALL0x4fdc...e4ba→GSP_04571c320x79a04876

DELEGATECALL0x4fdc...e4ba→GSP_04571c32code gsp0x79a04876

CALL0x4fdc...e4ba→GSP_04571c320xd0a494e4

DELEGATECALL0x4fdc...e4ba→GSP_04571c32code gsp0xd0a494e42 logs

CALLGSP_04571c32→USD Coin0xa9059cbb

DELEGATECALLGSP_04571c32→USD Coincode FiatTokenV2_20xa9059cbb1 log1⇄

STATICCALLGSP_04571c32→Tether USD0x70a08231

STATICCALLGSP_04571c32→USD Coin0x70a08231

DELEGATECALLGSP_04571c32→USD Coincode FiatTokenV2_20x70a08231

STATICCALLGSP_04571c32→Tether USD0x70a08231

STATICCALLGSP_04571c32→USD Coin0x70a08231

DELEGATECALLGSP_04571c32→USD Coincode FiatTokenV2_20x70a08231

STATICCALL0x4fdc...e4ba→USD Coin0x70a08231

DELEGATECALL0x4fdc...e4ba→USD Coincode FiatTokenV2_20x70a08231

CALL0x4fdc...e4ba→Uniswap V4: PoolManager0x48c89491

CALLUniswap V4: PoolManager→0x4fdc...e4ba0x91dd7346

CALL0x4fdc...e4ba→Uniswap V4: PoolManager0xf3cd914c1 log

CALLUniswap V4: PoolManager→Uniswap V4 hook contract0x575e24b4

DELEGATECALLUniswap V4: PoolManager→Uniswap V4 hook contractcode Euler Swap V2 Implementation0x575e24b41 log

STATICCALLUniswap V4 hook contract→EVK Vault eUSDC-20x38d52e0f

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eUSDC-2code Euler E Vault Implementation0x38d52e0f

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x38d52e0f

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x38d52e0f

STATICCALLUniswap V4 hook contract→Euler Evc0x1647292a

STATICCALLUniswap V4 hook contract→0xdc24...84870xb7788faf

STATICCALL0xdc24...8487→Uniswap V3: USDC/WETH 0.05%0x3850c7bd

STATICCALL0xdc24...8487→Uniswap V4 hook contract0x69ef7317

DELEGATECALL0xdc24...8487→Uniswap V4 hook contractcode Euler Swap V2 Implementation0x69ef7317

STATICCALLUniswap V4 hook contract→EVK Vault eUSDC-20x402d267d

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eUSDC-2code Euler E Vault Implementation0x402d267d

STATICCALLEVK Vault eUSDC-2→EVK Vault eUSDC-20x1fe8b953

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEVK Vault eUSDC-2→EVK Vault eUSDC-2code Euler E Vault Implementation0x1fe8b953

DELEGATECALLEVK Vault eUSDC-2→EVK Vault eUSDC-2code Euler VaultModule0x402d267d

STATICCALLUniswap V4 hook contract→EVK Vault eUSDC-20xd283e75f

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eUSDC-2code Euler E Vault Implementation0xd283e75f

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x70a08231

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x70a08231

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x07a2d13a

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x07a2d13a

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x961be391

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x961be391

STATICCALLEVK Vault eWETH-2→EVK Vault eWETH-20x1fe8b953

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEVK Vault eWETH-2→EVK Vault eWETH-2code Euler E Vault Implementation0x1fe8b953

DELEGATECALLEVK Vault eWETH-2→EVK Vault eWETH-2code Euler BorrowingModule0x961be391

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x18e22d98

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x18e22d98

STATICCALLEVK Vault eWETH-2→EVK Vault eWETH-20x1fe8b953

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEVK Vault eWETH-2→EVK Vault eWETH-2code Euler E Vault Implementation0x1fe8b953

DELEGATECALLEVK Vault eWETH-2→EVK Vault eWETH-2code Euler GovernanceModule0x18e22d98

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x47bd3718

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x47bd3718

STATICCALLEVK Vault eWETH-2→EVK Vault eWETH-20x1fe8b953

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEVK Vault eWETH-2→EVK Vault eWETH-2code Euler E Vault Implementation0x1fe8b953

DELEGATECALLEVK Vault eWETH-2→EVK Vault eWETH-2code Euler BorrowingModule0x47bd3718

CALLUniswap V4 hook contract→Uniswap V4: PoolManager0x0b0d9c09

CALLUniswap V4: PoolManager→USD Coin0xa9059cbb

DELEGATECALLUniswap V4: PoolManager→USD Coincode FiatTokenV2_20xa9059cbb1 log1⇄

CALLUniswap V4 hook contract→0xdc24...84870xb7788faf

STATICCALL0xdc24...8487→Uniswap V3: USDC/WETH 0.05%0x3850c7bd

STATICCALL0xdc24...8487→Uniswap V4 hook contract0x69ef7317

DELEGATECALL0xdc24...8487→Uniswap V4 hook contractcode Euler Swap V2 Implementation0x69ef7317

STATICCALLUniswap V4 hook contract→Euler Swap V2 Protocol Fee Config0x0a992e0c

STATICCALLUniswap V4 hook contract→Euler Evc0x47cfdac4

CALLUniswap V4 hook contract→EVK Vault eUSDC-20x6e553f65

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eUSDC-2code Euler E Vault Implementation0x6e553f65

CALLEVK Vault eUSDC-2→Euler Evc0x1f8b52152 logs

CALLEuler Evc→EVK Vault eUSDC-20x6e553f65

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEuler Evc→EVK Vault eUSDC-2code Euler E Vault Implementation0x6e553f65

DELEGATECALLEuler Evc→EVK Vault eUSDC-2code Euler VaultModule0x6e553f652 logs2⇄

STATICCALLEVK Vault eUSDC-2→Euler Evc0x18503a1e

CALLEVK Vault eUSDC-2→Euler Evc0xa37d54af

CALLEVK Vault eUSDC-2→Permit20x36c78516

CALLPermit2→USD Coin0x23b872dd

DELEGATECALLPermit2→USD Coincode FiatTokenV2_20x23b872dd1 log1⇄

CALLEuler Evc→EVK Vault eUSDC-20x4b3d1223

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEuler Evc→EVK Vault eUSDC-2code Euler E Vault Implementation0x4b3d12231 log

STATICCALLEVK Vault eUSDC-2→Euler Evc0xe21e537c

CALLEVK Vault eUSDC-2→0x282b...414e0xbca02c13

CALLUniswap V4 hook contract→Uniswap V4: PoolManager0xa5841194

STATICCALLUniswap V4: PoolManager→Wrapped Ether0x70a08231

STATICCALLUniswap V4 hook contract→EVK Vault eWETH-20x70a08231

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLUniswap V4 hook contract→EVK Vault eWETH-2code Euler E Vault Implementation0x70a08231

CALLUniswap V4 hook contract→Euler Evc0xc368516c1 log

STATICCALLEuler Evc→EVK Vault eWETH-20xb168c58f

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEuler Evc→EVK Vault eWETH-2code Euler E Vault Implementation0xb168c58f

STATICCALLEVK Vault eWETH-2→Euler Evc0xe21e537c

STATICCALLEVK Vault eWETH-2→EulerRouter0x0579e61f

STATICCALLEulerRouter→ChainlinkOracle0x0579e61f

STATICCALLChainlinkOracle→Chainlink: ETH/USD0xfeaf968c

STATICCALLChainlink: ETH/USD→AccessControlledOCR2Aggregator0xfeaf968c

STATICCALLEVK Vault eWETH-2→EVK Vault eUSDC-20x70a08231

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEVK Vault eWETH-2→EVK Vault eUSDC-2code Euler E Vault Implementation0x70a08231

STATICCALLEVK Vault eWETH-2→EulerRouter0x0579e61f

STATICCALLEulerRouter→EVK Vault eUSDC-20x07a2d13a

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEulerRouter→EVK Vault eUSDC-2code Euler E Vault Implementation0x07a2d13a

STATICCALLEulerRouter→ChainlinkOracle0x0579e61f

STATICCALLChainlinkOracle→Chainlink: USDC/USD0xfeaf968c

STATICCALLChainlink: USDC/USD→AccessControlledOCR2Aggregator0xfeaf968c

CALLUniswap V4 hook contract→Euler Evc0x1f8b52153 logs

CALLEuler Evc→EVK Vault eWETH-20x4b3fd148

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEuler Evc→EVK Vault eWETH-2code Euler E Vault Implementation0x4b3fd148

DELEGATECALLEuler Evc→EVK Vault eWETH-2code Euler BorrowingModule0x4b3fd1482 logs

STATICCALLEVK Vault eWETH-2→Euler Evc0x18503a1e

CALLEVK Vault eWETH-2→Euler Evc0x30f31667

CALLEVK Vault eWETH-2→Debt token of EVK Vault eWETH-20x23de66511 log1⇄

STATICCALLEVK Vault eWETH-2→Euler Evc0x442b172c

CALLEVK Vault eWETH-2→Wrapped Ether0xa9059cbb1 log1⇄

STATICCALLEuler Evc→EVK Vault eWETH-20xb168c58f

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEuler Evc→EVK Vault eWETH-2code Euler E Vault Implementation0xb168c58f

STATICCALLEVK Vault eWETH-2→Euler Evc0xe21e537c

STATICCALLEVK Vault eWETH-2→EulerRouter0x0579e61f

STATICCALLEulerRouter→ChainlinkOracle0x0579e61f

STATICCALLChainlinkOracle→Chainlink: ETH/USD0xfeaf968c

STATICCALLChainlink: ETH/USD→AccessControlledOCR2Aggregator0xfeaf968c

STATICCALLEVK Vault eWETH-2→EVK Vault eUSDC-20x70a08231

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEVK Vault eWETH-2→EVK Vault eUSDC-2code Euler E Vault Implementation0x70a08231

STATICCALLEVK Vault eWETH-2→EulerRouter0x0579e61f

STATICCALLEulerRouter→EVK Vault eUSDC-20x07a2d13a

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEulerRouter→EVK Vault eUSDC-2code Euler E Vault Implementation0x07a2d13a

STATICCALLEulerRouter→ChainlinkOracle0x0579e61f

STATICCALLChainlinkOracle→Chainlink: USDC/USD0xfeaf968c

STATICCALLChainlink: USDC/USD→AccessControlledOCR2Aggregator0xfeaf968c

CALLEuler Evc→EVK Vault eWETH-20x4b3d1223

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALLEuler Evc→EVK Vault eWETH-2code Euler E Vault Implementation0x4b3d12231 log

STATICCALLEVK Vault eWETH-2→Euler Evc0xe21e537c

CALLEVK Vault eWETH-2→IRMLinearKink0xbca02c13

CALLUniswap V4 hook contract→Uniswap V4: PoolManager0x11da60b4

STATICCALLUniswap V4: PoolManager→Wrapped Ether0x70a08231

CALLUniswap V4 hook contract→0xdc24...84870x0714f6d11 log

STATICCALL0xdc24...8487→Uniswap V4 hook contract0x69ef7317

DELEGATECALL0xdc24...8487→Uniswap V4 hook contractcode Euler Swap V2 Implementation0x69ef7317

STATICCALL0xdc24...8487→EVK Vault eUSDC-20xd283e75f

STATICCALLEVK Vault eUSDC-2→Euler E Vault Factory0x5c60da1b

DELEGATECALL0xdc24...8487→EVK Vault eUSDC-2code Euler E Vault Implementation0xd283e75f

STATICCALL0xdc24...8487→EVK Vault eWETH-20xd283e75f

STATICCALLEVK Vault eWETH-2→Euler E Vault Factory0x5c60da1b

DELEGATECALL0xdc24...8487→EVK Vault eWETH-2code Euler E Vault Implementation0xd283e75f

STATICCALL0xdc24...8487→Uniswap V3: USDC/WETH 0.05%0x3850c7bd

CALL0xdc24...8487→Uniswap V4 hook contract0x0cf6c461

DELEGATECALL0xdc24...8487→Uniswap V4 hook contractcode Euler Swap V2 Implementation0x0cf6c461

DELEGATECALL0xdc24...8487→Uniswap V4 hook contractcode 0xa6c1...f86a0x0cf6c4611 log

STATICCALL0x4fdc...e4ba→Uniswap V4: PoolManager0xf135baaa

CALL0x4fdc...e4ba→Uniswap V4: PoolManager0xa5841194

STATICCALLUniswap V4: PoolManager→USD Coin0x70a08231

DELEGATECALLUniswap V4: PoolManager→USD Coincode FiatTokenV2_20x70a08231

CALL0x4fdc...e4ba→USD Coin0xa9059cbb

DELEGATECALL0x4fdc...e4ba→USD Coincode FiatTokenV2_20xa9059cbb1 log1⇄

CALL0x4fdc...e4ba→Uniswap V4: PoolManager0x11da60b4

STATICCALLUniswap V4: PoolManager→USD Coin0x70a08231

DELEGATECALLUniswap V4: PoolManager→USD Coincode FiatTokenV2_20x70a08231

CALL0x4fdc...e4ba→Uniswap V4: PoolManager0x0b0d9c09

CALLUniswap V4: PoolManager→Wrapped Ether0xa9059cbb1 log1⇄

STATICCALL0x4fdc...e4ba→Wrapped Ether0x70a08231

CALL0x4fdc...e4ba→Wrapped Ether0xa9059cbb1 log1⇄

CALL0x8523...4371→Wrapped Ether0xa9059cbb1 log1⇄

STATICCALLUniswap V3: WETH/USDT 0.01%→Wrapped Ether0x70a08231

STATICCALL0x8523...4371→Wrapped Ether0x70a08231

CALL0x8523...4371→Wrapped Ether0x2e1a7d4d1 log

CALLWrapped Ether→0x8523...43710.000531ETH

CALL0x8523...4371→Titan Builder0.000104ETH

CALL0x8523...4371→0x8888...b7ad0.000321ETH

CALL0x8523...4371→0x9999...50750.000104ETH

CALLsuccessdepth 1Nesting level in the call tree. The root transaction call is depth 1 — there is no depth 0.

SenderEffective msg.sender inside this call. A DELEGATECALL inherits it from its caller instead of becoming the sender itself.0x8888...b7ad

StateWhose storage this call reads and writes. A DELEGATECALL keeps its caller’s storage — that is what makes a proxy a proxy. Derived from the tree; the wire has no field for it yet.0x8523...4371

CodeContract whose bytecode actually runs. On a DELEGATECALL this differs from the callee, which is only the storage context.0x8523...4371

gas usedGas consumed by this call INCLUDING everything it invoked — measured on this transaction: the root's 931,860 covers its children's 897,251.1,058,377

gas limitGas made available to this call by its caller — a ceiling, not a charge.1,473,470

valueETH moved by this call. Delegating frames are omitted on purpose: they inherit their caller's value and move nothing themselves.< 0.000001 ETHExact: 1 wei

selectorThe 4-byte method selector this call was dispatched with.0x43abcb04

This call emitted no logs.

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