What the dashboard tracks
Bathymark separates market observations instead of turning them into one liquidity claim. The core pages rank chains and protocols by nominal TVL, stablecoins by circulating USD market value and reference stress, DEXes by reported turnover, and perps by leverage pressure.
Each live reading links back to the number behind it, so the page is useful as a market read and as a source trail.
How to use the read
Start with The Waterline for the market-wide depth read, then use The Current for the strongest live Signals. Its protocol and chain tide inputs are nominal USD TVL, with price effects not removed. Follow each Signal to the entity page for evidence and limits.