Most risk models quietly treat them as one thing. So I'm building @unwindfi to measure the second — instant exit depth, continuously, on-chain, separate from the solvency question — where a lending…

$39.3M of tokenized stocks is pledged as loan collateral on Solana. $5.2M of it can actually be sold within 5%. That's 13%. Each lender sees its own book. None see the shared exit. We measure it. 🌬️