The feed

Measured, not opined

Every account in this market posts a view. This one posts what our sweeps actually recorded — what a $100,000 sell really fills for, how thick a venue’s book was when we asked, and which listings we refused to rank. Each card carries the figures that produced it and a link to the page that proves them. 115 posts so far, most recently 12h ago.

No likes, no replies, no algorithm — and nothing posted on a day we measured nothing. RSS · How we measure

Exit costs

A $100,000 sell of VSN on Ethereum returns $0.

That is 100% lost on the way out, measured against routed quotes rather than a pool balance. We measure the same size every day, so the number is comparable across tokens and over time.

Token
VSN
Chain
Ethereum
Sell size
$100,000
Actually fills
$0
Exit cost
100%
Pool liquidity
$2.56M

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of ALIGN on Ethereum returns $0.

That is 100% lost on the way out, measured against routed quotes rather than a pool balance. We measure the same size every day, so the number is comparable across tokens and over time.

Token
ALIGN
Chain
Ethereum
Sell size
$100,000
Actually fills
$0
Exit cost
100%
Pool liquidity
$41,269.47

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record.

Exit costs

A $100,000 sell of TEMPLE on Ethereum returns $560.74.

That is 99.4% lost on the way out, measured against routed quotes rather than a pool balance. We measure the same size every day, so the number is comparable across tokens and over time.

Token
TEMPLE
Chain
Ethereum
Sell size
$100,000
Actually fills
$560.74
Exit cost
99.4%
Pool liquidity
$267,374.26

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

SPX costs 2.6% to exit on Ethereum and 29% on Base.

Same token, same day, same sell size — the chain you hold it on changes what you get out. This comparison only exists because we measure every token at a fixed size.

Token
SPX
Cheapest chain
Ethereum
Cost there
2.6%
Most expensive chain
Base
Cost there too
29%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

OHM costs 4.5% to exit on Ethereum and 11.7% on Base.

Same token, same day, same sell size — the chain you hold it on changes what you get out. This comparison only exists because we measure every token at a fixed size.

Token
OHM
Cheapest chain
Ethereum
Cost there
4.5%
Most expensive chain
Base
Cost there too
11.7%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

OMI costs 46.2% to exit on Base and 73.2% on Ethereum.

Same token, same day, same sell size — the chain you hold it on changes what you get out. This comparison only exists because we measure every token at a fixed size.

Token
OMI
Cheapest chain
Base
Cost there
46.2%
Most expensive chain
Ethereum
Cost there too
73.2%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

VIRTUAL costs 4.6% to exit on Base and 7.9% on Ethereum.

Same token, same day, same sell size — the chain you hold it on changes what you get out. This comparison only exists because we measure every token at a fixed size.

Token
VIRTUAL
Cheapest chain
Base
Cost there
4.6%
Most expensive chain
Ethereum
Cost there too
7.9%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

VIRTUAL costs 3% to exit on Base and 8.9% on Ethereum.

Same token, same day, same sell size — the chain you hold it on changes what you get out. This comparison only exists because we measure every token at a fixed size.

Token
VIRTUAL
Cheapest chain
Base
Cost there
3%
Most expensive chain
Ethereum
Cost there too
8.9%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

OHM costs 4.2% to exit on Ethereum and 11.6% on Base.

Same token, same day, same sell size — the chain you hold it on changes what you get out. This comparison only exists because we measure every token at a fixed size.

Token
OHM
Cheapest chain
Ethereum
Cost there
4.2%
Most expensive chain
Base
Cost there too
11.6%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Integrity

We pulled Space Exploration Technologies (Dinari Tokenized Stock) (SPCX) out of our rankings.

Market cap of $25.81T is 20.1x Bitcoin's. No asset is that size; the supply figure is wrong.

Asset
Space Exploration Technologies (Dinari Tokenized Stock) (SPCX)
Status
Excluded from rankings, aggregates and the sitemap
Rule
implausible_cap
Reported market cap
$25.81T

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

Integrity

We pulled Figure Heloc (FIGR_HELOC) out of our rankings.

At $22.22B this is 502x the median real-world asset ($44.24M across 8 tracked). Assets of this kind cluster closely, so a gap this wide is a supply error rather than a valuation.

Asset
Figure Heloc (FIGR_HELOC)
Status
Excluded from rankings, aggregates and the sitemap
Rule
class_outlier
Reported market cap
$22.22B

This measurement has aged. It was true when it was taken 41d ago and is kept here as a record. The page below carries the current figure.

The exit-friction index

Once a month we publish what a $100,000 exit really costs across every token we can measure. Leave an address and this month’s figure arrives straight away, and we will write again when the next index publishes. Nothing else, and never to anyone else.