Liquidity Waterfall — When Can You Exit
The Liquidity Waterfall shows which positions you can exit in 24 hours, 7 days, 30 days, 90 days, or not at all — and flags when illiquid positions exceed 25% of the portfolio.
TL;DR
The Liquidity Waterfall shows which positions you can exit in 24 hours, 7 days, 30 days, 90 days, or not at all — and flags when illiquid positions exceed 25% of the portfolio.
Why This Exists
A portfolio that looks diversified on a risk basis can be entirely illiquid in a crisis. The Liquidity Waterfall converts each position's exit timeline into a stacked bar chart readable in seconds.
How It Works
Five liquidity buckets: T+0 (24h), T+7, T+30, T+90, Locked (90+ days). Capital distributed across buckets. Hard constraint flags when Locked + T+90 exceeds 25% of total capital.
What You See in the Platform
A horizontal stacked bar (green T+0 to red Locked) with per-position table below. Amber warning if illiquid exceeds 25%.
Where to Go Next
Read Hidden Correlation for invisible risks, or Exposure Reconciliation for true exposure.
Next up
Hidden Correlation — Risks You Cannot See in the Allocation Table
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