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no longer discounts two-sided liquidity provision; every other round-trip shape keeps its discount.","changes":["RAPID_ROUNDTRIP now inspects the role and counterparty of each leg. Maker on both legs against two different counterparties: severity info, penalty 1 (recorded, not discounted). Every other shape, including both legs against the same counterparty and a taker aggressing both sides: severity warn, penalty 0.4, unchanged","Rationale: a maker filling two independent takers on opposite sides is providing liquidity, not recycling value, and discounting it removed the best evidence a thin market has. A taker round-tripping through two makers is still churn, so it keeps the discount","The flag detail now carries liquidityProvision so the distinction is machine-readable"]},{"version":"1.0.0","date":"2026-09-16","summary":"Initial weighted-median reference price with anomaly discounting, influence caps and confirmation-gated repricing.","changes":["weight = sqrt(usdNotional) × recencyFactor × quoteQuality × routeQuality × anomalyFactor","Weighted median over a 7-day window with a 24h recency half-life","Per-trade influence cap 30%, per-participant influence cap 40%","Trades below $5 notional excluded; below $1 flagged tiny","MAD-based peer deviation (3.5 MAD); trades >25% off the robust centre are excluded unless they belong to a multi-participant cluster","The newest trade cluster is compared with the rest of the window; a move > 15% requires ≥3 unflagged trades from ≥2 observable participants, ≥$20 notional over ≥30 minutes, or executable order-book support, before it becomes the reference","Freshness: <1h live, <12h recent, <24h low confidence, <7d stale, ≥7d unavailable"]}]},"meta":{"generatedAt":"2026-09-17T11:30:03.928Z","methodologyVersion":"1.1.0","cacheTtlSec":15,"disclaimer":"SwapScope aggregates public atomic-swap data and publishes reference prices with explicit confidence. Prices may be stale, indicative or unavailable. Not investment advice."}}