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 17h 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 REKT on BNB Chain returns $404.89.

That is 99.6% 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
REKT
Chain
BNB Chain
Sell size
$100,000
Actually fills
$404.89
Exit cost
99.6%
Pool liquidity
$146,191.81

This measurement has aged. It was true when it was taken 8d ago and is kept here as a record. The page below carries the current figure.

Exit costs

A $100,000 sell of OSAK on BNB Chain returns $5,695.22.

That is 94.3% 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
OSAK
Chain
BNB Chain
Sell size
$100,000
Actually fills
$5,695.22
Exit cost
94.3%
Pool liquidity
$29,075.24

This measurement has aged. It was true when it was taken 9d ago and is kept here as a record. The page below carries the current figure.

Essays

A price is not a sale

The price on the screen is the last trade. What you get is what a buyer pays you. In September 2026 the typical token lost 14.5% selling $100,000.

Essay
No. 1
Quote
A price tells you what the last trade was. A sale tells you what you get.

This measurement has aged. It was true when it was taken 9d 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 $2,413.40.

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
CHEX
Chain
Base
Sell size
$100,000
Actually fills
$2,413.40
Exit cost
97.6%
Pool liquidity
$39,034.81

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 ELEPHANT on BNB Chain returns $773.59.

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
$773.59
Exit cost
99.2%
Pool liquidity
$20.14M

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 APES on BNB Chain returns $16.64.

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
$16.64
Exit cost
100%
Pool liquidity
$264,383.76

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.

What changed

What changed in crypto, week to 12 October 2026: 241 of the 561 coins we compare had a measured change.

Maple Finance: Selling $100,000 on Ethereum now loses 0.95%, against 1.2% over the previous month. Dai: On Kraken, $100,000 now costs 0.76% to sell, against 0.22% over the previous month. Quant: 24-hour volume $92.8M, 6.1× its 30-day median.

Coins compared
561
With a change
241
Dearer to sell
9
Cheaper to sell
11
Volume moves
86
Supply moves
79
Liquidity moves
5

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.

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.