Station 04 · Line
Arc, from above.
Every token the index has seen trade is a point, placed around the hub it trades against most and sized by how many of its pools have moved. Every swap that lands, on every venue the index holds, crosses between the two tokens that traded. It is the same index that routes your order, drawn rather than tabulated, and nothing on it was put there by hand.
the line · arc · live
Reading the index.
a burner flares when a swap moves its token · brighter for a bigger swap
front row is the busiest
How to read the line
- 01Every burner is a token the router’s index has seen trading, laid out on a grid with the busiest at the front, which is where a chef stands. There is one for each of the tokens whose pools have moved.
- 02A burner idles at a low amber. It is not off, because the token is still in the index and still routable. It is simply not cooking anything right now.
- 03When a swap lands, read from the chain head every three seconds on every venue in the index, the two burners it moved between flare to fire and cool over about four seconds. A bigger swap flares harder. A burner that is white hot has just carried something large.
- 04The dollar figure on a swap is its USDC side, or its ether side at the router’s own ETH price. A swap between two other tokens shows without a figure rather than with a guessed one.
- 05It is looked at from directly above and drawn without perspective, so the back rows are not made to look less important. They are not. They are just further from the pass.
What it is drawn from, and what it leaves out
Nothing on this page is typed in. The pools are the same index the terminal routes through, the swaps are the same logs the engine reads to keep its prices current, and the ETH price is the engine’s own quote. A swap that appears here is a swap the router could have routed through.
It leaves out what the index leaves out: a venue the discovery has not learned, a pool created in the last hours and not yet scanned, and the launchpad curves that are not pools at all. A token trading only there is dust here until its first pool trades.
The sky keeps the last few hundred swaps in memory and nothing longer. For a token’s history, its own page holds the chart and the holders, and the terminal holds the trade.