The Terminal · Built for desks running leverage exposure

Seventy-one markets, ranked by risk, in one view.

A complete workspace for any desk carrying leverage exposure — risk officers, prop traders, market makers, exchanges, funds. A ranked watchlist across the 71-market Terminal universe, full single-symbol depth on demand, and a live tier surface in graduated severity. Every tier event reconcilable to why it qualified.

RISKLOOMv2 Terminal · 71-market universeLIVE
Watchlist · CRI ↓
SOL90
BTC88
ETH84
XRP74
ADA65
DOGE63
BNB59
LINK45
AVAX38
APT24
SOLUSDT
CRI Norm
0.51
Regime
Phase B
Cascade Pressure · 120m
90/100
Cascade Timeline · 120m
Tier Surfacelive
L1Onset
24 h
L2Cascade onset (V3)
24 h
L3Active cascade state
24 h
① Ranked watchlist — navigate by risk
② Detail panel — single-symbol depth
③ Tier Surface — graduated severity
Each zone, in detail
Zone 1 · The Watchlist

The navigation layer is itself a surface.

Watchlist · 8 deep + 22 expansionsorted: CRI ↓
Symbol · RegimeCRIΔ24h
PHASE BSOL 90 ▲ 5
PHASE BBTC 88 ▲ 5
PHASE BETH 84 ▼ 8
PHASE AXRP 74 ▲ 4
PHASE BADA 65 — 4
PHASE ALINK 63 ▲ 3
PHASE ABNB 59 ▲ 3
PHASE ADOGE 45 ▲ 1
Expansion universe · accruing forward+22 markets
ACCRUINGAVAX — · ·
ACCRUINGLTC — · ·
ACCRUINGDOT — · ·
ACCRUINGATOM — · ·
ACCRUINGNEAR — · ·

Eight deep-archive majors. Sixty-three more, accruing.

Not a static symbol list. The watchlist ranks all 71 markets in the Terminal universe by Cascade Risk Index in real time — the most pressurized market rises to the top, automatically. It is the navigation layer: scan top-down, highest stress first, click to load full detail.

  • 8 deep-archive majors — BTC, ETH, SOL, XRP, ADA, LINK, BNB, DOGE, full proof depth
  • 22 expansion and 41 promoted markets — monitored live; archive depth and cross-venue coverage vary by market
  • Real-time CRI sorting & regime indicators — ranking reorders as stress shifts
  • Click-to-load — any symbol opens the full detail panel in Zone 2
Zone 2 · the detail panel
Zone 2 · The Detail Panel

Twelve detail cards, per symbol.

Select any symbol and the detail panel loads its full structural picture. This is where most of the product lives — the surfaces a desk references daily, with provenance for the figures shown.

01 · CRI Regime Panel
PHASE Braw 49.0 · norm 0.490
Raw & normalized CRI, regime, time-in-regime, slope.
02 · Cascade Pressure · 120m
90/100
The /100 pressure gauge with precursor & cascade counts.
03 · Tier Qualification
L1✓ ≥ p95 onset
L2✓ OI drop + CVD
L3○ not met
Why each event qualified for its tier — conditions, values.
04 · Cascade Timeline
Live CRI line with cascade & CRI-crossing markers.
05 · Hyperliquid Research Overlap
Per symbolwhere the market is listed on Hyperliquid
Co-occurrence with Hyperliquid liquidation history for listed markets (research data, 1–2 day lag; not a live confirmation).
06 · Desk Summary
Pressure · 90/100
Regime · Phase Neutral
Risk · HIGH
Momentum · Rising
Plain-language risk read for the selected symbol.
07 · Provenance · Source Hashes
v2:features_pmm3b
8d65a90489 · 27/12 12:56:21
source_hash ✓ 9 entries
Source hashes & entries backing every figure shown.
08 · System Notes
● No hallucinated precision
● Explicit degradation
● Minute discipline
● Single liq truth source
Degradation semantics — explicit, never silent.
Zone 3 · The Tier Surface

A live tier surface in graduated severity.

Not quiet six days a week with an occasional alarm. The tier surface replaces the old alert lane with a continuous, graduated layer — from liquidation onsets to cascade onset (V3) to active cascade state (L3) — over a 1h, 24h, 72h or 7d window. Each lane classifies current market state.

RISKLOOMTier Surface · 71-market universe
L1
L2
L3
L1Onset
60-min liquidations ≥ per-market p95
24 h window
now
L2Cascade onset (V3)
OI drop + aligned CVD at onset
24 h window
now
L3Active cascade state
Per-market cascade threshold · CRI admission rule
24 h window
now
Tier Qualification · why this state qualified● click any tick
SOLL2 · V3 CONFIRMED
✓ 60-min liquidation sum $8.4M ≥ per-market p95 threshold (L1 onset)
✓ OI drop confirmed and CVD aligned (V3 confirmed → L2)
○ Cascade threshold not met — L3 requires the cascade threshold to be met (per-market cascade threshold, CRI ≥ 0.495 between 120 min before start and the peak)
Every tick reconcilable to its qualification criteria and source data — the audit-grade promise of the cascade archive, extended to the live tier surface.
Graduated Severity

Many onsets. Few cascades. The funnel is the product.

L1 · Onset L2 · Cascade onset L3 · Active cascade

Severity is earned, tier by tier.

Every cascade begins as a liquidation onset — but most onsets never become cascades. Each tier adds qualifying conditions: V3 confirmation (open-interest drop with aligned CVD), then an L3 cascade classification (per-market cascade threshold plus the CRI admission rule; an internal, after-the-fact classification). The narrowing is the severity scale.

A desk watches the wide tier for context and the narrow tier for action. L1 tells you the market is alive; L3 tells you it has happened.

Information Architecture

Three zones, one workflow.

01

Ranked Watchlist

All 71 markets in the Terminal universe, ranked by Cascade Risk Index. The navigation layer — scan top-down, highest structural stress first.

02

Detail Panel

Deep dive on any selected symbol — regime, pressure, timeline, cross-venue health, and tier qualification reasoning for every state.

03

Tier Surface

Three severity lanes — L1 onset, cascade onset (L2 · V3) and active cascade state (L3) — filterable by tier, each a classification of current market state, reconcilable to why it qualified.

Different desks, same surface

One product. Many ways to use it.

Every desk carrying leverage exposure reads the same tier surface differently — and acts on a different tier. Find your seat.

CRO / Risk Officer
Watches L3 for portfolio exposure events across the book.
L3L3 active cascade → review exposure in affected markets
Prop Trader
Reads L1/L2 density as liquidation-flow context.
L2confirmed → liquidation-flow context
Market Maker
Reads L2 (OI drop with aligned CVD) as inventory-risk context.
L2confirmed → inventory-risk context
Exchange Risk Team
System-wide L3 monitoring across all listed perpetuals.
L3L3 active cascade → liquidity-support review
Prop Desk / Fund
Cross-Asset Cascade Clusters — realised L3 cascades co-occurring across markets.
L3cluster → cross-market exposure review
Family Office
Reviews L3 records on key holdings for after-the-event exposure review.
L3L3 active cascade → review leverage on key holdings

Same product. Multiple ways to use it — and the surface adapts to each, filtering to the tiers that matter to your mandate.

Access

Terminal access begins with a paid evaluation.

Founder-led, under live market conditions.

Not a free trial. A controlled assessment — full terminal across the 71-market universe (8 deep archive · 22 expansion · 41 promoted), the complete tier surface, founder-led onboarding, evaluation fee credited toward your first subscription month.

Request institutional briefing →
14-day evaluation · $5,000
30-day evaluation · $7,000
Professional · $8,000/mo
Institutional · $20,000/mo
Full pricing on the Evaluation page →