ModelsRiskIn development

Where forced selling
outruns the book.

Cascade Risk will read how much size the market can absorb before it has to move, and mark the price bands where it is thin enough to matter.

See a model that runs today Read the documentation

knownat · cascade_riskIllustrative

The book looks deep.

Resting size, either side of the mid

What it
actually reads.

Resting liquidityHow much size is standing at each level
Leveraged exposureHow much may have to be closed, and where
Historical impactWhat comparable size has actually moved before

Observation classes, not vendors. Which venues sit underneath is documented in the API.See what each source covers

Every reading
carries its context.

planned shapeillustrative

"model":: "cascade_risk",
"market":: "BTC",
"state":: "in_development",
"planned_output":: "stress_bands",
"observed_at":: "—",
"coverage":: "—",
"limits":: "Not a liquidation forecast",

Published fields are in the API documentation.

What it will
not tell you.

01It is not built yet. Nothing on this page is a reading you can call today.
02When it ships it will describe where the book is thin, not predict that a cascade happens.
03Resting liquidity can be withdrawn faster than it can be measured, and the model will say so.

About this
model.

When can I use it?

Not yet. It is one of three models still in development, and it is listed that way everywhere on this site rather than being sold as available. The API returns nothing for it.

Will it predict liquidation cascades?

No. It is designed to describe where the market is thin relative to the size that may have to move through it. Whether that size actually moves is not something the book can tell you in advance.

What can I use in the meantime?

Leverage Stress reads the exposure side of the same question and is available today. It tells you how much is built up and on which side, without the depth half of the picture.