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at 10)","label":"Eligible trades","value":0,"points":0,"weight":10},{"key":"participants","note":"Participant data not available from source","label":"Independent observable participants","value":0,"points":0,"weight":15},{"key":"recency","note":"No reliable trade","label":"Age of latest reliable trade","value":0,"points":0,"weight":20},{"key":"spread","note":"No order book","label":"Bid/ask spread","value":0,"points":0,"weight":10},{"key":"depth","note":"No order book","label":"Executable depth within 5%","value":0,"points":0,"weight":10},{"key":"pairAgreement","note":"No second pair to compare (neutral)","label":"Agreement between pairs","value":0.5,"points":2.5,"weight":5},{"key":"anchorAgreement","note":"Anchor quality 100%","label":"Anchor provider agreement","value":1,"points":5,"weight":5},{"key":"rejectedShare","note":"100% of raw 24h volume rejected","label":"Volume not rejected as suspicious","value":0,"points":0,"weight":5},{"key":"concentration","note":"Participant data not available","label":"Influence concentration","value":1,"points":5,"weight":5}]},"quoteUsd":"0.041481311745596975","quoteRoute":"VTC → USD (coingecko+gleec-prices)","change24hPct":null,"marketFlags":[],"methodologyVersion":"1.1.0","computedAt":"2026-09-17T11:07:07.554Z","computedAgeSec":19.301,"rejections":[{"codes":["BELOW_MIN_NOTIONAL","LOW_QUALITY_QUOTE","PING_PONG_PARTICIPANTS","RAPID_ROUNDTRIP","TINY_NOTIONAL"],"reasons":["notional below $5"],"externalId":"08ef4c89-40f7-43e5-bd7e-7aa1b2f0dbf8"},{"codes":["BELOW_MIN_NOTIONAL","LOW_QUALITY_QUOTE"],"reasons":["notional below $5"],"externalId":"38d9aee7-03ea-411d-8b30-22eea4d3bbd2"},{"codes":["BELOW_MIN_NOTIONAL","LOW_QUALITY_QUOTE","PING_PONG_PARTICIPANTS"],"reasons":["notional below $5"],"externalId":"39c5ec16-5cce-449d-bac7-1f205871053c"},{"codes":["BELOW_MIN_NOTIONAL","LOW_QUALITY_QUOTE","PING_PONG_PARTICIPANTS","RAPID_ROUNDTRIP","TINY_NOTIONAL"],"reasons":["notional below $5"],"externalId":"85ee9199-4694-410c-a78b-dfce2b7b6475"},{"codes":["BELOW_MIN_NOTIONAL","LOW_QUALITY_QUOTE","PING_PONG_PARTICIPANTS","TINY_NOTIONAL"],"reasons":["notional below $5"],"externalId":"8fb70a76-b8ca-4624-994d-61e663265c79"},{"codes":["BELOW_MIN_NOTIONAL","LOW_QUALITY_QUOTE","PING_PONG_PARTICIPANTS","TINY_NOTIONAL"],"reasons":["notional below $5"],"externalId":"c9de591b-baa8-422f-af95-46ba3b3b521f"}],"superseded":[],"weights":[],"influence":[],"repricing":null,"anchor":{"stale":false,"ageSec":527.554,"quality":1,"providers":["coingecko","gleec-prices"],"disagreementPct":0.0022618725482435854},"thresholds":{"staleness":{"liveMaxSec":3600,"staleMaxSec":604800,"recentMaxSec":43200,"recencyHalfLifeSec":86400,"lowConfidenceMaxSec":86400},"lookbackSec":604800,"madThreshold":3.5,"maxRouteHops":3,"offMarketPct":25,"repricingPct":15,"minNotionalUsd":5,"anchorMaxAgeSec":7200,"tinyNotionalUsd":1,"slippageSizesUsd":[10,100,1000],"maxTradeInfluence":0.3,"repeatedSizeCount":3,"repricingMinTrades":3,"roundTripWindowSec":21600,"repricingMinSpanSec":1800,"anchorDisagreementPct":5,"repeatedSizeWindowSec":86400,"crossPairDivergencePct":10,"marketCapMinConfidence":50,"maxParticipantInfluence":0.4,"repricingMinNotionalUsd":20,"repricingMinParticipants":2,"outsideSpreadTolerancePct":2,"repricingMaxParticipantSharePct":60}}}],"history":[{"version":"1.1.0","date":"2026-09-17","summary":"RAPID_ROUNDTRIP no longer discounts two-sided liquidity provision; every other round-trip shape keeps its discount.","changes":["RAPID_ROUNDTRIP now inspects the role and counterparty of each leg. Maker on both legs against two different counterparties: severity info, penalty 1 (recorded, not discounted). Every other shape, including both legs against the same counterparty and a taker aggressing both sides: severity warn, penalty 0.4, unchanged","Rationale: a maker filling two independent takers on opposite sides is providing liquidity, not recycling value, and discounting it removed the best evidence a thin market has. A taker round-tripping through two makers is still churn, so it keeps the discount","The flag detail now carries liquidityProvision so the distinction is machine-readable"]},{"version":"1.0.0","date":"2026-09-16","summary":"Initial weighted-median reference price with anomaly discounting, influence caps and confirmation-gated repricing.","changes":["weight = sqrt(usdNotional) × recencyFactor × quoteQuality × routeQuality × anomalyFactor","Weighted median over a 7-day window with a 24h recency half-life","Per-trade influence cap 30%, per-participant influence cap 40%","Trades below $5 notional excluded; below $1 flagged tiny","MAD-based peer deviation (3.5 MAD); trades >25% off the robust centre are excluded unless they belong to a multi-participant cluster","The newest trade cluster is compared with the rest of the window; a move > 15% requires ≥3 unflagged trades from ≥2 observable participants, ≥$20 notional over ≥30 minutes, or executable order-book support, before it becomes the reference","Freshness: <1h live, <12h recent, <24h low confidence, <7d stale, ≥7d unavailable"]}]},"meta":{"generatedAt":"2026-09-17T11:07:26.855Z","methodologyVersion":"1.1.0","cacheTtlSec":15,"disclaimer":"SwapScope aggregates public atomic-swap data and publishes reference prices with explicit confidence. Prices may be stale, indicative or unavailable. Not investment advice."}}