⚓ Liquidity Transmission Framework
Liquidity Isn’t Gone. It Just Stopped Absorbing Risk.
Mapping the Transmission from Treasury Markets to Crypto Collateral
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As Lighthouse rolls out its Advisory Offerings, we’re publishing the backbone of our liquidity architecture — a model that tracks how stress flows through the system, from Federal Reserve plumbing to crypto collateral capacity.
This is not a funding crisis.
It’s a transmission regime.
For …



