Exit liquidity
How much capital can leave a position at a defined slippage tolerance over a defined window.
TVL ≠ exit liquidity. A pool with $200M TVL but $5M of routable depth at 50bps slippage has $5M of true exit liquidity — that's what gets stress-tested in a redemption rush. StableLens publishes per-pool exit-liquidity scores derived from DEX depth + redemption windows + venue concentration.
Related terms
- Liquidity riskThe risk you cannot exit a position at a fair price within a desired timeframe.
- Capacity-aware yieldA yield projection that models how the rate degrades as additional capital deploys into the same pool.
- TVL (total value locked)The total dollar value of assets deposited in a protocol — the headline scale metric in DeFi.