FFI Engine — the liquidity-flow spine

Global Liquidity

Rule & recent changes
Historical context

What changed before the regime changed?

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Regime historysame 3-vote rule · state colours only

Liquidity Flow

Flow Stage

Stablecoins — the dry powder liquidity sitting on the sidelines, not yet in BTC/ETH/alts

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Where the 21M BTC supply sits

BTC address-size distributionfull 12-band breakdown →

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Market cap · volume · BTC dominance — across the halving cycles

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BTC dominance (BTC mcap ÷ tracked-universe total mcap)

Ecosystems — the basket not a single asset, unlike Bitcoin or Ethereum

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Layer tiers · token cap, among L0/L1/L2
Inside L1 · by token cap
L1 by token market cap

Projects — the survival funnel does the token survive, and where does it live?

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all market-eligible projects — worst → best