INSTRUMENT 01 / DAILY SWAP FLOW

THE NILE

The covered Avalanche swap universe is the valley; the gold current is Pharaoh. Channel depth is priced USD volume per complete UTC day. Bright posts mark Thursday 00:00 UTC epoch boundaries.

INSTRUMENT 02 / SHARE OF THE COVERED CHAIN

SOLAR BARGE

Each sun is one day; its height is Pharaoh's share of covered-universe swap volume. The barge rides the latest day. Share compares identically-covered swap events only.

INSTRUMENT 03 / OBSERVED POOL FIELD — DRAG TO ORBIT, TAP TO INSPECT

VALLEY OF POOLS

Every observed pool in the window is an obelisk: height is log priced volume, material is engine type, glow fades with days since last activity.

INSTRUMENT 04 / TRADER ENGAGEMENT STRATA

PYRAMID OF TRADERS

All unique window swappers, cut into transaction-count strata. Band area is proportional to headcount — the casual base carries the monument.

INSTRUMENT 05 / NEW VS RETURNING SWAPPERS

SCARAB CENSUS

Each day's column stacks first-seen swappers (teal) under returning ones (gold). The thread traces the returning share. “New” means first observed since the window began — not lifetime-new.

INSTRUMENT 06 / COHORT SURVIVAL — PARTIAL, DERIVED

GATES OF DUAT

One thousand first-time swappers enter the underworld. Each gate shows how many are still swapping exactly one, seven, and thirty days later.

INSTRUMENT 07 / ENGINE ROUTE SPLIT

THREE RIVERS

The window's priced volume divides into three engine deltas — DLMM, concentrated liquidity, and legacy. Stream width is USD volume; the mist is event count.

INSTRUMENT 08 / USD PRICING COVERAGE HONESTY GRID

ECLIPSE CALENDAR

One moon per day. The lit fraction is the share of swap events that carry registry-priced USD; the shadow is real but unpriced flow. A fully lit month has never happened — and we say so.

INSTRUMENT 09 / MOST ACTIVE SWAP SENDERS

THE COLOSSI

The window's most active swap-transaction senders, carved to scale: statue height is √transactions, plinth depth is days present. Addresses link to SnowScan.

INSTRUMENT 10 / DOCUMENTED CONTRACT INVENTORY

CARTOUCHE WALL

Every documented Pharaoh contract, carved by category. Tap a cartouche to copy its address; the seal opens SnowScan. Verification states come straight from the snapshot.