markgap
Tokenized equity exit liquidity — 2026-08-31
Published 2026-08-31 · sample n=44788
Every tokenized equity measured still routes at $100k; the median haircut there is 179 bps.
Detail $1k: median haircut -9.5 bps across 12 symbols $5k: median haircut -6.5 bps across 12 symbols $25k: median haircut 30.4 bps across 12 symbols $100k: median haircut 179 bps across 12 symbols These no-route readings include sweeps taken while the US market was open, so the absence is not an off-hours artifact. Sell-direction quotes only — a liquidated borrower is a seller, and a buy-side quote would flatter the number. Only structural "no route" responses are counted. Rate limits and upstream errors are excluded, never published as an absent market. Haircut is the oracle mark minus what a sale of that size would actually realise, measured per symbol and reported as the median across symbols.
Data Machine-readable: 2026-08-31-tokenized-equity-exit-liquidity.json
Method note: figures are computed from a live database at publication time and never revised afterwards. If a later measurement disagrees, both stay published.
Published by ochinimus · JSON · llms.txt
Figures are observations, not advice.