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 9h 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 CHFAU on Base returns $0.09.

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
CHFAU
Chain
Base
Sell size
$100,000
Actually fills
$0.09
Exit cost
100%
Pool liquidity
$68,238.43

This measurement has aged. It was true when it was taken 7d ago and is kept here as a record.

Exit costs

A $100,000 sell of ANVL on Ethereum returns $21,313.14.

That is 78.7% 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
$21,313.14
Exit cost
78.7%
Pool liquidity
$83,243.58

This measurement has aged. It was true when it was taken 10d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of MOG on Base returns $18,673.28.

That is 81.3% 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
MOG
Chain
Base
Sell size
$100,000
Actually fills
$18,673.28
Exit cost
81.3%
Pool liquidity
$25,902.58

This measurement has aged. It was true when it was taken 10d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of FLUID on Base returns $957.49.

That is 99% 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
FLUID
Chain
Base
Sell size
$100,000
Actually fills
$957.49
Exit cost
99%
Pool liquidity
$71,401.01

This measurement has aged. It was true when it was taken 10d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

VIRTUAL costs 0.3% to exit on Base and 47.7% 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
0.3%
Most expensive chain
Ethereum
Cost there too
47.7%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 10d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

OHM costs 1.8% to exit on Ethereum and 12.9% 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
1.8%
Most expensive chain
Base
Cost there too
12.9%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 10d 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 $21,149.62.

That is 78.9% 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
ANVL
Chain
Ethereum
Sell size
$100,000
Actually fills
$21,149.62
Exit cost
78.9%
Pool liquidity
$80,240.85

This measurement has aged. It was true when it was taken 11d 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.