The Liquid State Index

One 0–100 read on the crypto market regime — derivatives, on-chain fundamentals, and sentiment in a single score.

IndexNeutral / Mixed
59
0 = deep risk-off · 100 = extended risk-on
Market Barometer
61
derivatives & price regime · 50% of the index
On-Chain Pulse
54
network fundamentals · 35% of the index
Fear & Greed
66
market sentiment · 15% of the index
Crypto Market Regime
59/ 100
Neutral / Mixed
Derivatives 50% · On-chain 35% · Sentiment 15%
RISK-OFFRISK-ON

The lenses disagree or sit mid-range — no dominant regime. Often a consolidation or transition phase.

Index history — trailing 7 days (hourly)
History accumulates one snapshot per refresh — the chart draws itself in from live readings, never backfilled.Check back within 24 hours.
Regime Scale — reading the index
80–100Risk-On — ExtendedAll three lenses stretched constructive — historically crowded conditions.
60–80Risk-OnConstructive derivatives, healthy on-chain reads, positive sentiment.
40–60Neutral / Mixed ←The lenses disagree or sit mid-range — consolidation or transition.
20–40Risk-OffDefensive positioning, softening fundamentals, or fearful sentiment.
0–20Risk-Off — CapitulationAll three lenses depressed at once — historically stress extremes.

A descriptive read of market STATE from the Market Barometer, On-Chain Pulse and Fear & Greed — never a forecast, never advice.

What's in the score — three independent lenses
LensScoreWeightRead
Market Barometer — derivatives & price regime6150%Constructive
On-Chain Pulse — network fundamentals5435%Mixed
Fear & Greed — market sentiment6615%Constructive

Each lens is a 0–100 composite from free public data. The index is their weighted average — a single read on whether the market regime is risk-on or risk-off.

Liquid State Pro / Desk
See the full index history, not just the recent window

The free view charts the last few days. Pro / Desk unlocks the full Liquid State Index time series, an alert when the regime flips risk-on/risk-off, bulk export, and a high-rate API.

Full historyRegime-flip alertsExport CSVHigh-rate API
Request Pro access →

Methodology & FAQ

What is the Liquid State Index?
A single 0–100 score that summarizes the current crypto market regime by blending three independent lenses Liquid State already computes: derivatives & price positioning (the Market Barometer), on-chain network fundamentals (the On-Chain Pulse), and market sentiment (Fear & Greed). Higher means a more risk-on / constructive regime; lower means risk-off. It is information about market conditions, not financial advice.
How is the Liquid State Index calculated?
It is a weighted blend of three 0–100 composites: the Market Barometer (50%), the On-Chain Pulse (35%), and the Crypto Fear & Greed Index (15%). Each input is itself derived from free public data (Binance/OKX derivatives, CoinMetrics on-chain metrics, and Alternative.me sentiment). The blend is recomputed about every 15 minutes; if one input is briefly unavailable, the remaining weights are renormalized.
What does the current Liquid State Index reading mean?
As of the latest update the Liquid State Index reads 59/100 — "Neutral / Mixed". The lenses disagree or sit mid-range — no dominant regime. Often a consolidation or transition phase.
Is the Liquid State Index financial advice?
No. It is a market-conditions indicator built from public data and is provided for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy, sell, or hold any asset. You are solely responsible for your own decisions.
Embed the Liquid State Index
<iframe src="https://www.liquidstate.tech/tools/liquid-state-index?embed=1" title="The Liquid State Index — crypto market regime score" width="100%" height="480" style="border:1px solid #222632;border-radius:12px;max-width:540px" loading="lazy"></iframe>
<p style="font:12px system-ui;margin:6px 0 0"><a href="https://www.liquidstate.tech/tools/liquid-state-index" rel="noopener">The Liquid State Index</a> by Liquid State</p>
Your next step

Macro Overlay Systems — the playbook behind this signal. $29 one-time · 28 pages

Get the playbook →
THE BRIEF · FREE

Get the Liquid State Index + a daily market-regime read in your inbox

Free market reads — plus the Three-Lens Framework the desk runs on every chart. No spam. Unsubscribe anytime.

🔒 No spam. One-click unsubscribe. Free framework on signup.

Premium crypto market intelligence
The Liquid State Index is part of the Liquid State toolkit — institutional-grade market data, free to explore.
Explore full access →
XTelegramRedditLinkedIn
Related toolsAltcoin Season Index· Market Dashboard — Terminal Lite· BTC Market Cycle Phase Gauge
LearnFunding rate· Open interest· Indicator encyclopedia
Go deeperAll free tools· Trading guides· Liquid State Access

Market data and information, never financial advice.