A word on your seed phrase you can’t read
Every word in a standard recovery phrase comes from a fixed list of 2,048, and each is identified by its first four letters. That makes an unreadable word far more solvable than it looks.
- Reading time
- 3 min
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
You lost access to a wallet. What can actually be done
An honest triage: which kinds of lost access are genuinely recoverable, which are mathematically not, and what to do first in either case.
- Reading time
- 4 min
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.
How to read a coin page without fooling yourself
Market cap, supply, volume and distance from the high — what each number honestly tells you, and the far longer list of things none of them tell you.
- Reading time
- 4 min
This measurement has aged. It was true when it was taken 24d ago and is kept here as a record. The page below carries the current figure.
The five ways people actually lose crypto
Not hacks of the blockchain — losses come from a short, boring, well-documented list, and each one has a specific defence.
- Reading time
- 4 min
This measurement has aged. It was true when it was taken 31d ago and is kept here as a record. The page below carries the current figure.
Buying your first crypto without getting fleeced
Where to buy, what the spread really costs you, why the first purchase should be deliberately small, and the checks worth doing before you send money anywhere.
- Reading time
- 4 min
This measurement has aged. It was true when it was taken 52d ago and is kept here as a record. The page below carries the current figure.
The records you need before tax time
Why exchange statements are not enough, what a taxable disposal usually includes, and the export to run today so next year is arithmetic instead of archaeology.
- Reading time
- 4 min
This measurement has aged. It was true when it was taken 59d ago and is kept here as a record. The page below carries the current figure.
Can you actually sell it? A short guide to liquidity
The difference between what a holding is worth on paper and what you would receive for it — slippage, depth, sell restrictions, and how to check before you buy.
- Reading time
- 3 min
This measurement has aged. It was true when it was taken 61d ago and is kept here as a record. The page below carries the current figure.
Buying your first crypto without getting fleeced
Where to buy, what the spread really costs you, why the first purchase should be deliberately small, and the checks worth doing before you send money anywhere.
- Reading time
- 4 min
This measurement has aged. It was true when it was taken 61d 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.