FFI Engine — the liquidity-flow spine
US-dollar liquidity & risk conditions
Source observation dates and collection status are separate from the website update time.
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Rule & recent changes
Historical context
Historical inputs and reconstructed regime
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Regime historysame 3-vote rule · state colours only
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Liquidity Flow
Flow Stage
Stablecoins — on-chain liquidity used for payments, collateral and trading; not all waiting to buy crypto
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BTC supply and reported holdings
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 baskets · overlapping L0/L1/L2 token caps
Inside L1 · by token cap
Projects — the survival funnel does the token survive, and where does it live?
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all … market-eligible projects — worst → best