Unstable Index: 9.9 / 100 π’
LOW.
Plenty of slack in the system right now.
Biggest source of stress today: Volatility.
Down 8.7 from last week.
https://t.co/HfAUWV0WU1
What is the Unstable Index?
One number, 0 to 100, for how fragile the crypto market is right now.
Fear & Greed tells you how the crowd feels but the Unstable Index tells you how much room the market actually has before something breaks.
How it works:
1. Collect. Chain state, pool balances, funding, reserves and 17 macro tickers. Public sources only.
2. Score. Every signal maps to one of eight weighted sub-indices: peg dispersion, leverage, liquidation proximity, volatility, security, flows, narrative and TradFi stress.
3. Amplify. When sub-indices move together, the score rises faster. Stress that clusters is worse than stress that doesnβt.
4. Publish. One run per day at 08:00 UTC, hashed, no manual adjustments.
Reading it: 0 is calm, 100 is fragile. Under 25 means plenty of slack. Above 65 means conditions look like past pre-crisis periods.
The same methodology would have flagged Terra 6 days early, FTX 4 days early and the USDC depeg 18 hours early, using its original weights.
Daily reading posted here every morning. Full details: https://t.co/MlJxGk06Jz
Unstable Index: 13.8 / 100 π’
LOW.
Plenty of slack in the system right now.
Biggest source of stress today: Security.
Down 2.7 from last week.
https://t.co/HfAUWV0WU1
Peg dispersion measures how far the major stablecoins drift from a dollar, weighted by supply. When they start to spread out, it is usually the first crack before a depeg.
One of the 8 dimensions behind the Unstable Index. https://t.co/HfAUWV0WU1
Unstable Index: 15.8 / 100 π’
LOW.
Plenty of slack in the system right now.
Biggest source of stress today: Security.
Up 1.9 from last week.
https://t.co/HfAUWV0WU1
TradFi stress measures rates, credit and equity volatility leaking into crypto. When traditional markets cough, crypto usually catches it.
One of the 8 dimensions behind the Unstable Index. https://t.co/HfAUWV0WU1
Today we announce the Unstable Index (UIX) - a new computed metric based on onchain data that measures the overall unstability of crypto markets.
We have Fear and Greed Index, now we also have the Unstable Index.
Backtested against events in history to give the Unstablios an unfair edge.
Published daily on X: @Unstable_Index
Unstable your Stables
$USDUC
Unstable Index: 15.8 / 100 π’
LOW.
Plenty of slack in the system right now.
Biggest source of stress today: Security.
Up 0.9 from last week.
https://t.co/HfAUWV0WU1
Narrative pressure reads the news and social stress around crypto. Fear tends to spread a lot faster than the fundamentals behind it.
One of the 8 dimensions behind the Unstable Index. https://t.co/HfAUWV0WU1