SKN3X.COM

Metrics framework

STETHLido · Ethereum

Every row states its formula, its inputs, its source and when it was retrieved. Where there is no figure there is a reason, not a dash.

23 of 109 metrics carry a value. The rest state what they are missing. That is not a gap in the presentation: this application's data is a yield and capital series — no price, no order book, no holder distribution and no contract data.

Liquidity

Locked capital is not tradable capital. Total value locked therefore sits beside the liquidity measures rather than in their place; spread, depth and execution slippage require an order book and are not approximated without one.

Total value locked — Show the explanation26,600,000,000 USD
Definition
One period's trading volume relative to the available liquidity of the same reference base.
Formula
volume / liquidity
Inputs
volume, liquidity
Reading
A turnover measure. It says nothing about the price at which turnover happened.
Limit
TVL is not liquidity: locked capital is not tradable capital. Which base was used is recorded with the result.
Method
In-house definition, formed from this application's inputs. · volumeToLiquidity · TV-1.0 · EXPERIMENTAL
  • Total value locked is not tradable liquidity: locked capital is not available for a withdrawal.
  • Never reconciled by this application against supply and borrow.
Available liquidity — Show the explanationINSUFFICIENT_DATA · Inputs incomplete

Reason: missing: totalSupplyUsd, totalBorrowUsd

Definition
One period's trading volume relative to the available liquidity of the same reference base.
Formula
volume / liquidity
Inputs
volume, liquidity
Reading
A turnover measure. It says nothing about the price at which turnover happened.
Limit
TVL is not liquidity: locked capital is not tradable capital. Which base was used is recorded with the result.
Method
In-house definition, formed from this application's inputs. · volumeToLiquidity · TV-1.0 · EXPERIMENTAL
  • Supply minus borrowed, only for lending markets that report both.
Market depth — Show the explanationORDERBOOK_DATA_UNAVAILABLE · No order book

Reason: no order book in this application's sources

Definition
The relative distance between best bid and ask, over the midpoint.
Formula
(ask - bid) / ((ask + bid) / 2)
Inputs
bid, ask
Reading
A snapshot at one venue.
Limit
Not computable without an order book, and not approximated here. An AMM has no bid/ask in this formula's sense.
Method
Market microstructure, standard relative quoted spread. · spread · TV-1.0 · EXPERIMENTAL
  • No order book in this application's data sources. Without one, nothing is approximated here.
Slippage — Show the explanationORDERBOOK_DATA_UNAVAILABLE · No order book

Reason: no order book in this application's sources

Definition
The distance of the achieved execution price from the pre-trade midpoint.
Formula
(executionPrice - midPrice) / midPrice
Inputs
executionPrice, midPrice
Reading
Applies to the order size it was measured at, and only that size.
Limit
At an AMM it follows the pool's curve, not an order book; without reserves and curve shape it cannot be determined.
Method
Market microstructure. · priceImpact · TV-1.0 · EXPERIMENTAL
  • No order book in this application's data sources. Without one, nothing is approximated here.
Spread — Show the explanationORDERBOOK_DATA_UNAVAILABLE · No order book

Reason: no order book in this application's sources

Definition
The relative distance between best bid and ask, over the midpoint.
Formula
(ask - bid) / ((ask + bid) / 2)
Inputs
bid, ask
Reading
A snapshot at one venue.
Limit
Not computable without an order book, and not approximated here. An AMM has no bid/ask in this formula's sense.
Method
Market microstructure, standard relative quoted spread. · spread · TV-1.0 · EXPERIMENTAL
  • No order book in this application's data sources. Without one, nothing is approximated here.
Trading volume — Show the explanationDATA_NOT_AVAILABLE · Field not available

Reason: vol1

Definition
One period's trading volume relative to the available liquidity of the same reference base.
Formula
volume / liquidity
Inputs
volume, liquidity
Reading
A turnover measure. It says nothing about the price at which turnover happened.
Limit
TVL is not liquidity: locked capital is not tradable capital. Which base was used is recorded with the result.
Method
In-house definition, formed from this application's inputs. · volumeToLiquidity · TV-1.0 · EXPERIMENTAL
Volume to liquidity — Show the explanationINSUFFICIENT_DATA · Inputs incomplete

Reason: missing: volume, liquidity

Definition
One period's trading volume relative to the available liquidity of the same reference base.
Formula
volume / liquidity
Inputs
volume, liquidity
Reading
A turnover measure. It says nothing about the price at which turnover happened.
Limit
TVL is not liquidity: locked capital is not tradable capital. Which base was used is recorded with the result.
Method
In-house definition, formed from this application's inputs. · volumeToLiquidity · TV-1.0 · EXPERIMENTAL
  • Reference base: AVAILABLE_LIQUIDITY.
Illiquidity measure — Show the explanationINSUFFICIENT_DATA · Inputs incomplete

Reason: missing: per-period returns with matching per-period volume

Definition
Average absolute return per unit of trading volume.
Formula
mean(|return_t| / volume_t)
Inputs
returns, volumes
Reading
Higher values mean less volume moved the price more, over the measured window.
Limit
Requires per-period volume in one unit. Zero-volume periods are skipped, not counted as 0.
Method
Amihud (2002), Illiquidity and stock returns. · amihudIlliquidity · TV-1.0 · EXPERIMENTAL
  • No per-period return series with a matching per-period volume.

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Data as of: Oct 5, 2026, 7:36 PM UTC