assessLetterOfCreditRisk()

function assessLetterOfCreditRisk(
  outstanding,
  price,
  pairConfiguration,
  evaluatedAtTimestamp
): LetterOfCreditRiskAssessment;

Assesses V3 risk from explicitly sourced SDK price and current pair-configuration reads. Static and converted positions require neither input. The estimate mirrors the protocol’s value floor, fee floor and liquidation threshold; it is not an observed insolvency outcome.

Parameters

Parameter	Type	Description
outstanding	LetterOfCreditHistoricalSnapshot & Pick<OutstandingLetterOfCredit, "beneficiary" | "creator" | "creationKind" | "reference">	Current or indexed outstanding state being assessed.
price	TokenPairPrice | null	SDK pair-price read for this collateral-to-credited direction, or null when not applicable.
pairConfiguration	CollateralFactor | null	Current SDK collateral-factor read for the same pair, or null when not applicable.
evaluatedAtTimestamp	bigint	Explicit Unix-second evaluation clock. Price freshness policy belongs to the price read.

Returns

LetterOfCreditRiskAssessment

Health, liquidation coverage, source inputs and the assessed LOC identity.

Throws

InvalidArgumentError for missing, mismatched or unusable dynamic market inputs.

Example

const risk = assessLetterOfCreditRisk(outstanding, pairPrice, pairConfiguration, now);
// A projected shortfall does not write historical insolvency into the LOC.