diff --git a/changelog.d/fixes/moonshot-balance-pct.md b/changelog.d/fixes/moonshot-balance-pct.md
new file mode 100644
index 0000000000..c9c044dcad
--- /dev/null
+++ b/changelog.d/fixes/moonshot-balance-pct.md
@@ -0,0 +1 @@
+- **fix(dashboard):** Moonshot/Kimi Open Platform voucher and cash leftover percentages follow the bucket balance, so an empty wallet no longer paints those rows as 100% while Available is 0%
diff --git a/open-sse/services/moonshotQuotaFetcher.ts b/open-sse/services/moonshotQuotaFetcher.ts
index df80fe11b3..ba44fdc9f2 100644
--- a/open-sse/services/moonshotQuotaFetcher.ts
+++ b/open-sse/services/moonshotQuotaFetcher.ts
@@ -175,18 +175,15 @@ export async function getMoonshotOpenPlatformUsage(
   };
 }
 
-function balanceQuota(
-  remaining: number,
-  remainingPercentage: number,
-  currency: string
-): UsageQuota {
+function balanceQuota(remaining: number, currency: string): UsageQuota {
+  const leftover = remaining > 0 ? 100 : 0;
   return {
     used: 0,
     total: 0,
     remaining,
-    remainingPercentage,
+    remainingPercentage: leftover,
     resetAt: null,
-    unlimited: true,
+    unlimited: false,
     currency,
   };
 }
@@ -196,9 +193,9 @@ function buildMoonshotBalanceQuotas(
   currency: string
 ): Record<string, UsageQuota> {
   return {
-    available: balanceQuota(quota.availableBalance, quota.limitReached ? 0 : 100, currency),
-    voucher: balanceQuota(quota.voucherBalance, 100, currency),
-    cash: balanceQuota(quota.cashBalance, 100, currency),
+    available: balanceQuota(quota.availableBalance, currency),
+    voucher: balanceQuota(quota.voucherBalance, currency),
+    cash: balanceQuota(quota.cashBalance, currency),
   };
 }
 
diff --git a/src/app/(dashboard)/dashboard/usage/components/ProviderLimits/quotaParsing.ts b/src/app/(dashboard)/dashboard/usage/components/ProviderLimits/quotaParsing.ts
index 7ce822a5d6..5c0616995f 100644
--- a/src/app/(dashboard)/dashboard/usage/components/ProviderLimits/quotaParsing.ts
+++ b/src/app/(dashboard)/dashboard/usage/components/ProviderLimits/quotaParsing.ts
@@ -434,7 +434,32 @@ export function isKiloPassDisplayRow(quota: any): boolean {
   return quota?.kiloPass === true || quota?.name === KILO_PASS_DISPLAY_ROW;
 }
 
+function parseMoonshotBalanceQuota(quotaKey: string, quota: any) {
+  if (quotaKey !== "available" && quotaKey !== "voucher" && quotaKey !== "cash") {
+    return normalizeQuotaEntry(quotaKey, quota);
+  }
+  const remaining = Math.max(0, Number(quota?.remaining ?? 0));
+  const currency = quota?.currency || "CNY";
+  const remainingPercentage =
+    safePercentage(quota?.remainingPercentage) ?? (remaining > 0 ? 100 : 0);
+  return buildCreditsQuota(quotaKey, remaining, remainingPercentage, {
+    currency,
+    displayName: quota?.displayName,
+  });
+}
+
+function parseMoonshotBalance(data: any) {
+  return quotaEntries(data).map(([quotaKey, quota]) => parseMoonshotBalanceQuota(quotaKey, quota));
+}
+
+function looksLikeMoonshotBalance(data: any): boolean {
+  const quotas = data?.quotas;
+  if (!quotas || typeof quotas !== "object" || Array.isArray(quotas)) return false;
+  return "available" in quotas && "voucher" in quotas && "cash" in quotas;
+}
+
 function parseProviderQuotas(providerId: string, data: any) {
+  if (looksLikeMoonshotBalance(data)) return parseMoonshotBalance(data);
   if (providerId === "github") return parseGithub(data);
   if (["glm", "glm-cn", "glmt", "opencode-go"].includes(providerId)) return parseGlmFamily(data);
   if (providerId === "antigravity" || providerId === "agy") return parseAntigravity(data);
diff --git a/tests/unit/moonshot-quota-dashboard-rendering.test.ts b/tests/unit/moonshot-quota-dashboard-rendering.test.ts
new file mode 100644
index 0000000000..4819c58d18
--- /dev/null
+++ b/tests/unit/moonshot-quota-dashboard-rendering.test.ts
@@ -0,0 +1,87 @@
+import test from "node:test";
+import assert from "node:assert/strict";
+
+import { getMoonshotOpenPlatformUsage } from "../../open-sse/services/moonshotQuotaFetcher.ts";
+import { parseQuotaData } from "../../src/app/(dashboard)/dashboard/usage/components/ProviderLimits/quotaParsing.ts";
+import { getQuotaRemainingPercentage } from "../../src/app/(dashboard)/dashboard/usage/components/ProviderLimits/utils.tsx";
+
+const originalFetch = globalThis.fetch;
+const CN = "https://api.moonshot.cn/v1";
+const COMPAT = "openai-compatible-chat-e2971611-bc02-4c37-8fc5-39b8e3906fdf";
+
+test.afterEach(() => {
+  globalThis.fetch = originalFetch;
+});
+
+function jsonResponse(body: unknown, status = 200): Response {
+  return new Response(JSON.stringify(body), {
+    status,
+    headers: { "Content-Type": "application/json" },
+  });
+}
+
+/**
+ * Moonshot Open Platform returns three absolute-balance buckets. The dashboard
+ * used to paint voucher/cash as 100% leftover even when available_balance is 0,
+ * because remainingPercentage was hardcoded and parseGeneric never marked the
+ * rows as credits (so the card showed a percentage, not ¥0.00).
+ */
+test("empty Moonshot buckets render as 0% leftover, not a fake 100% voucher/cash bar", async () => {
+  const connectionId = `ms-dash-empty-${Date.now()}`;
+  globalThis.fetch = async () =>
+    jsonResponse({
+      code: 0,
+      data: { available_balance: 0, voucher_balance: 0, cash_balance: 0 },
+      status: true,
+    });
+
+  const usage = await getMoonshotOpenPlatformUsage({
+    id: connectionId,
+    provider: COMPAT,
+    apiKey: "sk-test",
+    providerSpecificData: { baseUrl: CN },
+  });
+  const rows = parseQuotaData(COMPAT, usage) as Array<{
+    name?: string;
+    isCredits?: boolean;
+    remainingPercentage?: number;
+    creditCount?: number;
+    currency?: string;
+  }>;
+
+  const byName = Object.fromEntries(rows.map((row) => [row.name, row]));
+  for (const name of ["available", "voucher", "cash"] as const) {
+    const row = byName[name];
+    assert.ok(row, `missing ${name} row: ${JSON.stringify(rows)}`);
+    assert.equal(row.isCredits, true, `${name} must render as a currency row`);
+    assert.equal(row.currency, "CNY");
+    assert.equal(row.creditCount, 0);
+    assert.equal(row.remainingPercentage, 0);
+    assert.equal(getQuotaRemainingPercentage(row), 0);
+  }
+});
+
+test("Moonshot parse path requires available AND voucher AND cash together", () => {
+  const steal = parseQuotaData("agentrouter", {
+    quotas: {
+      available: { remaining: 7, remainingPercentage: 70, currency: "USD" },
+      voucher: { remaining: 1, remainingPercentage: 10, currency: "USD" },
+    },
+  }) as Array<{ name?: string; isCredits?: boolean; remainingPercentage?: number }>;
+  const byName = Object.fromEntries(steal.map((row) => [row.name, row]));
+  assert.equal(byName.available?.isCredits, undefined);
+  assert.equal(byName.voucher?.isCredits, undefined);
+
+  const full = parseQuotaData("agentrouter", {
+    quotas: {
+      available: { remaining: 0, remainingPercentage: 0, currency: "CNY" },
+      voucher: { remaining: 0, remainingPercentage: 0, currency: "CNY" },
+      cash: { remaining: 0, remainingPercentage: 0, currency: "CNY" },
+    },
+  }) as Array<{ name?: string; isCredits?: boolean; remainingPercentage?: number }>;
+  const fullByName = Object.fromEntries(full.map((row) => [row.name, row]));
+  assert.equal(fullByName.available?.isCredits, true);
+  assert.equal(fullByName.voucher?.isCredits, true);
+  assert.equal(fullByName.cash?.isCredits, true);
+  assert.equal(fullByName.available?.remainingPercentage, 0);
+});
diff --git a/tests/unit/moonshot-quota-fetcher.test.ts b/tests/unit/moonshot-quota-fetcher.test.ts
index 1c315632b9..24f1e29529 100644
--- a/tests/unit/moonshot-quota-fetcher.test.ts
+++ b/tests/unit/moonshot-quota-fetcher.test.ts
@@ -137,6 +137,69 @@ test("domestic Moonshot balance is labeled CNY, international USD", async () =>
   invalidateMoonshotQuotaCache(aiId);
 });
 
+test("exhausted available_balance does not leave voucher/cash at 100%", async () => {
+  const connectionId = `ms-empty-pct-${Date.now()}`;
+  globalThis.fetch = async () =>
+    jsonResponse({
+      code: 0,
+      data: { available_balance: 0, voucher_balance: 0, cash_balance: 0 },
+      status: true,
+    });
+  const usage = await getMoonshotOpenPlatformUsage({
+    id: connectionId,
+    provider: COMPAT,
+    apiKey: "sk-test",
+    providerSpecificData: { baseUrl: CN },
+  });
+  assert.equal(usage.quotas?.available?.remaining, 0);
+  assert.equal(usage.quotas?.available?.remainingPercentage, 0);
+  assert.equal(usage.quotas?.voucher?.remaining, 0);
+  assert.equal(usage.quotas?.voucher?.remainingPercentage, 0);
+  assert.equal(usage.quotas?.cash?.remaining, 0);
+  assert.equal(usage.quotas?.cash?.remainingPercentage, 0);
+  invalidateMoonshotQuotaCache(connectionId);
+});
+
+test("voucher leftover is 100% only when that bucket still has money", async () => {
+  const connectionId = `ms-voucher-left-${Date.now()}`;
+  globalThis.fetch = async () =>
+    jsonResponse({
+      code: 0,
+      data: { available_balance: 0, voucher_balance: 5, cash_balance: 0 },
+      status: true,
+    });
+  const usage = await getMoonshotOpenPlatformUsage({
+    id: connectionId,
+    provider: COMPAT,
+    apiKey: "sk-test",
+    providerSpecificData: { baseUrl: CN },
+  });
+  assert.equal(usage.quotas?.available?.remainingPercentage, 0);
+  assert.equal(usage.quotas?.voucher?.remainingPercentage, 100);
+  assert.equal(usage.quotas?.cash?.remainingPercentage, 0);
+  invalidateMoonshotQuotaCache(connectionId);
+});
+
+test("limitReached is derived from availableBalance, so remaining>0 cannot coexist with it", async () => {
+  const connectionId = `ms-limit-eq-${Date.now()}`;
+  globalThis.fetch = async () =>
+    jsonResponse({
+      code: 0,
+      data: { available_balance: 2.5, voucher_balance: 0, cash_balance: 2.5 },
+      status: true,
+    });
+  const usage = await getMoonshotOpenPlatformUsage({
+    id: connectionId,
+    provider: COMPAT,
+    apiKey: "sk-test",
+    providerSpecificData: { baseUrl: CN },
+  });
+  assert.equal(usage.limitReached, false);
+  assert.equal(usage.quotas?.available?.remaining, 2.5);
+  assert.equal(usage.quotas?.available?.remainingPercentage, 100);
+  invalidateMoonshotQuotaCache(connectionId);
+});
+
 test("registerMoonshotQuotaFetcher wires moonshot and kimi ids", () => {
   registerMoonshotQuotaFetcher();
   assert.equal(typeof getQuotaFetcher("moonshot"), "function");