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. 171 posts so far, most recently 22h 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 APES on BNB Chain returns $16.57.

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
APES
Chain
BNB Chain
Sell size
$100,000
Actually fills
$16.57
Exit cost
100%
Pool liquidity
$264,386.73

This measurement has aged. It was true when it was taken 12d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of CHEX on Base returns $5,777.24.

That is 94.2% 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
CHEX
Chain
Base
Sell size
$100,000
Actually fills
$5,777.24
Exit cost
94.2%
Pool liquidity
$39,027.48

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 GAME on BNB Chain returns $4,980.36.

That is 95% 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
GAME
Chain
BNB Chain
Sell size
$100,000
Actually fills
$4,980.36
Exit cost
95%
Pool liquidity
$26,967.47

This measurement has aged. It was true when it was taken 16d ago and is kept here as a record.

Library

How to read the monthly exit-friction index before you trust it

A monthly index scores how hard it actually is to exit each of 63 measured tokens — here's what it measures, what it can't, and where to find your token's number.

Reading time
4 min

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 FLUID on Base returns $3,412.84.

That is 96.6% 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
FLUID
Chain
Base
Sell size
$100,000
Actually fills
$3,412.84
Exit cost
96.6%
Pool liquidity
$82,889.53

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 ELEPHANT on BNB Chain returns $765.60.

That is 99.2% 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
ELEPHANT
Chain
BNB Chain
Sell size
$100,000
Actually fills
$765.60
Exit cost
99.2%
Pool liquidity
$20.84M

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

PEAS costs 11.8% to exit on Ethereum and 61.9% 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
PEAS
Cheapest chain
Ethereum
Cost there
11.8%
Most expensive chain
Base
Cost there too
61.9%
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

CX costs 43.5% to exit on Base and 82.7% 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
CX
Cheapest chain
Base
Cost there
43.5%
Most expensive chain
Ethereum
Cost there too
82.7%
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.

What changed

What changed in crypto, week to 5 October 2026: 221 of the 564 coins we compare had a measured change.

Sky: Selling $100,000 on Ethereum now loses 1.2%, against 0.86% over the previous month. Ethena USDe: On Kraken, $100,000 now costs 5.4% to sell, against 20.0% over the previous month. USDS: 24-hour volume $41.8M, down to 0.26× its 30-day median of $160M.

Coins compared
564
With a change
221
Dearer to sell
9
Cheaper to sell
10
Volume moves
81
Supply moves
71
Liquidity moves
6

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

PEAS costs 10.5% to exit on Ethereum and 61.5% 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
PEAS
Cheapest chain
Ethereum
Cost there
10.5%
Most expensive chain
Base
Cost there too
61.5%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 19d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of ELEPHANT on BNB Chain returns $764.60.

That is 99.2% 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
ELEPHANT
Chain
BNB Chain
Sell size
$100,000
Actually fills
$764.60
Exit cost
99.2%
Pool liquidity
$20.51M

This measurement has aged. It was true when it was taken 20d ago and is kept here as a record. The page below carries the current figure.

Cross-chain

BOLD costs 0% to exit on Ethereum and 87.7% 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
BOLD
Cheapest chain
Ethereum
Cost there
0%
Most expensive chain
Base
Cost there too
87.7%
Sell size, both
$100,000

This measurement has aged. It was true when it was taken 20d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of MSY on Ethereum returns $1,565.82.

That is 98.4% 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
MSY
Chain
Ethereum
Sell size
$100,000
Actually fills
$1,565.82
Exit cost
98.4%
Pool liquidity
$31,961.66

This measurement has aged. It was true when it was taken 21d 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.