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← Meridian
Act 2 · the headline
It holds under shock.
When the market gaps, Layer 1 holds the spread — outer layers widen and pull toxic flow. Structural fairness, hardware-enforced.
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Act 2 · volatility burstUSDC/USDsui
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What you are seeing
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Calm. Layer 1 holds a tight spread on USDC/USDsui.
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Shock. A volatility burst gaps the mid.
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Defense. Layer 1 holds the spread; outer layers widen and pull toxic flow.
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Recover. The spread settles back as the burst clears.
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