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. 80 posts so far, most recently 34h 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 CX on Ethereum returns $16,122.03.

That is 83.9% 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
CX
Chain
Ethereum
Sell size
$100,000
Actually fills
$16,122.03
Exit cost
83.9%
Pool liquidity
$55,907.01

This measurement has aged. It was true when it was taken 15d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of CX on Base returns $2,722.54.

That is 97.3% 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
CX
Chain
Base
Sell size
$100,000
Actually fills
$2,722.54
Exit cost
97.3%
Pool liquidity
$208,594.06

This measurement has aged. It was true when it was taken 15d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of ANVL on Ethereum returns $18,474.15.

That is 81.5% 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
ANVL
Chain
Ethereum
Sell size
$100,000
Actually fills
$18,474.15
Exit cost
81.5%
Pool liquidity
$102,485.60

This measurement has aged. It was true when it was taken 16d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of BIM on Base returns $17,980.66.

That is 82% 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
BIM
Chain
Base
Sell size
$100,000
Actually fills
$17,980.66
Exit cost
82%
Pool liquidity
$73,798.04

This measurement has aged. It was true when it was taken 17d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of RSC on Ethereum returns $7,843.21.

That is 92.2% 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
RSC
Chain
Ethereum
Sell size
$100,000
Actually fills
$7,843.21
Exit cost
92.2%
Pool liquidity
$26,926.51

This measurement has aged. It was true when it was taken 17d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of BASEDHYPE on Base returns $2,412.94.

That is 97.6% 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
BASEDHYPE
Chain
Base
Sell size
$100,000
Actually fills
$2,412.94
Exit cost
97.6%
Pool liquidity
$6.1M

This measurement has aged. It was true when it was taken 17d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

VIRTUAL costs 0.4% to exit on Base and 8.3% 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
0.4%
Most expensive chain
Ethereum
Cost there too
8.3%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 17d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

OHM costs 0.4% to exit on Ethereum and 13.3% 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
0.4%
Most expensive chain
Base
Cost there too
13.3%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 17d ago and is kept here as a record. The page below carries the current figure.

The exit-friction index

We are measuring what share of the top 500 could not absorb a $100,000 sell. Leave an address and we will write once, when the first index is published. Nothing else, and never to anyone else.