THE LIQTIDE SCORE: 61/100 — TIDE COMING IN — 01 OCT 2026
61/100TIDE COMING IN (▼ was 63) · TREND TURNING UP
The US Treasury injected $20.8B into the system this week.
THE BOARD
| US NET LIQUIDITY | $5.80T | +$29.2B 4w |
| FED BALANCE SHEET | $6.75T | +$16.8B 4w |
| TREASURY WAR CHEST (TGA) | $936.6B | -$6.2B 4w |
| ON-RRP BUFFER | $11.5B | |
| STABLECOIN FLEET | $312.3B | +$3.6B 7d |
| BITCOIN | $83,519 | dominance 58.3% |
| SPOT ETF DESKS (5d NET) | +$297M |
SIGNALS
- GREEN · NETLIQ-RISING — US net liquidity 4-week change positive ($29.2B). Backdrop supportive.
- AMBER · RRP-EXHAUSTED — ON-RRP buffer nearly spent ($11.5B). No cushion left for the next drain.
- GREEN · STABLE-MINT — Stablecoin fleet grew $3.6B in 7 days. Dry powder loading.
- GREEN · ETF-INFLOW — Spot BTC ETFs absorbed $297M over 5 sessions.
THE READ
Tide coming in: money is entering the system. Rising liquidity has historically been a tailwind for risk assets. Trend: turning up.
THE LIQTIDE SCORE™ IS A PROPRIETARY 0–100 COMPOSITE OF GLOBAL LIQUIDITY FLOWS (OPEN METHODOLOGY). DATA: FRED / US TREASURY / NY FED / DEFILLAMA / COINGECKO / STOOQ / FARSIDE. QUOTE FREELY — ATTRIBUTION: LIQTIDE.COM. ANALYTICAL VISUALIZATION OF PUBLIC DATA — NOT INVESTMENT ADVICE.