INTERPRETED / Seiche / source-grounded explanation

Erosion with a loud tell: plumbing leads price at +37

Seiche's funding composite is 45, classified EROSION. Its internal plumbing-versus-price gap, called the Tell, is +37.

MyQuant translation deskSource published 12 Jul 2026

THE SPECIALIST SAYS

Erosion with a loud tell: plumbing leads price at +37

The composite reads 45, regime EROSION. The Tell reads +37. Every number below is checkable on the board.

IN PLAIN ENGLISH

Seiche's funding composite is 45, classified EROSION. Its internal plumbing-versus-price gap, called the Tell, is +37.

This fallback stays inside the source summary; the mental model below explains the mechanism without adding a market claim.

Why this matters

evidence-backed desk finding

Picture it this way

Picture the market funding system as plumbing. Seiche watches pressure, buffers, and dates when several pipes may tighten together. A stress label describes that system; it does not predict a crash.

The catch

Published before the structured analytical-story contract.