Kerne Honesty Index

honesty-index-mcp

Advertised versus realized yield for stablecoin vaults, as a Model Context Protocol server. Remote, no key, no account, nothing to install.

https://kerne.fi/api/mcp

Streamable HTTP. Stateless. Free, and it stays free: the numbers behind it are already served without a key at kerne.fi/api/honesty-index, and putting them behind one would defeat the argument the board is making.

Add it

Claude Code:

claude mcp add --transport http kerne-honesty-index https://kerne.fi/api/mcp

Anything that reads a config file:

{
  "mcpServers": {
    "kerne-honesty-index": {
      "type": "http",
      "url": "https://kerne.fi/api/mcp"
    }
  }
}

Registry name: io.github.kerne-protocol/honesty-index

What it answers

The Kerne Honesty Index is an hourly, signed board comparing what synthetic and yield-bearing dollars advertise against what their holders actually realized, computed from ERC-4626 share price growth on chain over a thirty day window. Kerne Protocol publishes it, is measured on it, and lists its own row first by rule.

One resource, kerne://honesty-index/snapshot, is the raw signed snapshot including the canonical payload, its sha256 attestation hash and the EIP-191 signature over it.

Three things a model should know before quoting a row

These are in the server's instructions too, because getting them wrong produces a confident false statement about a named company.

1. A null gap is not zero. It means the two figures cover different periods, or the advertised capture is older than the freshness limit, or the protocol publishes no first-party figure at all. Absence is never a finding of non-payment.
2. Rank on the delivery ratio, not the point gap. A percentage point gap is not comparable across products at different rates, and this board spans several.
3. A protocol in an announced wind down paying nothing is behaving correctly. Read the status field beside the figure.

The board scores one axis. It is not an audit, not a rating, not a solvency opinion, and it says nothing about the hedge or the reserves of any protocol on it, including Kerne's.

Do not take the server's word for it

Every figure it serves is re-derivable from public chain data by a program that shares no code with the one that produced it:

npx -y github:kerne-protocol/realized-apy check

That is a second implementation with its own decoder, its own arithmetic, and keccak256 and secp256k1 written from scratch rather than taken from a library. It re-reads every row at the block heights the signed snapshot names and prints PASS or FAIL. Method, tolerances and what happens if you get a different answer: kerne.fi/honesty-index/reproduce.

Do not take this README's word for it either

This file describes a live server, and a live server can quietly stop matching its documentation. So check it:

node probe.mjs

It runs the real handshake against the real endpoint, lists what is actually offered, makes one real call, and exits non-zero if the live tool list and the table above have drifted apart in either direction. No dependencies, Node 20 or later. It runs in CI here on a schedule for the same reason.

Right of reply

Every protocol this board publishes a number about has a free, permanent, unedited reply slot on its own row. Published verbatim, never edited, never removed, published whether or not it agrees with us, and we never answer inside one. Nothing is charged for it and no commercial conversation is a condition of it. Terms and form: kerne.fi/honesty-index/reproduce#right-of-reply.

What is in this repository

server.json is the registry descriptor. probe.mjs is the check above. The server itself is a route on kerne.fi rather than a package here, because it is a remote server: there is nothing for you to run, and a copy of the handler in this repository would be a second thing to keep in step with the first.

MIT licensed.