GGlossary · 2 min read

What is a quote asset?

A quote asset is the token a pool prices the other against, and the side a seller is paid from. Why Locksley states every escrow figure in it.

318 words · about 2 minutes·Article updated 20 August 2026
Definition

A quote asset is the token a liquidity pool prices the other token against. In a SHERIFF/RHC pool, RHC is the quote asset. It is the side a seller is paid from, which is why it matters more than its name suggests.

Its nearest neighbour is the base asset, the token being priced. The discriminating difference: only the quote side can pay you. A pool holding mostly the project's own token and little RHC shows a healthy total with nothing to pay out of.

Why escrow is stated in it

Every escrow figure here is given in RHC and as a share of the RHC in that pool, never as a share of "liquidity". A position priced away from the market commits nothing a seller can reach — yet it scores well on the denominators other sites use. Ours reads it as zero. How escrow is computed →

As of pending, pending of the RHC in indexed pools sits inside a position with an escrow record, per Locksley's contract reads.

Worked example. A pool holds 4,120,000 SHERIFF and 218.9 RHC — roughly $172,000 against $622 at the pool's mid. A holder with $7,700 of SHERIFF faces a quote side a twelfth of their position, however large the headline.

Where you'll see it. As the denominator beside every escrow figure on a token page, and against the pools listed on the screener. Read a lock in 60 seconds covers the fields; concentrated liquidity is why the quote side drains; to escrow one, lock liquidity through Team Finance, our sister product.

Frequently asked questions

Why not just publish total liquidity?

Because the total sums both sides and a seller can only be paid from one. Publishing the sum invites a reader to treat a pool full of the project's own token as protection. Both appear here, the quote side named separately. Where the chain's liquidity lives →

FiguresEvery number on this page is frozen at the date printed beside it and refreshed when the page is rebuilt — not live. The sentences reason about the figures, so a value that changed underneath them would make the prose wrong. Live values live on Explore and the pages it links out to. Methodology →
CorrectionsFound something wrong? Send the page and what you computed instead through the contact page. Every correction is logged publicly.
ReusePublished under CC BY 4.0. Quote it, translate it, fork it — cite the page and the date.
Who wrote thisWritten and maintained by the Locksley editorial team. Locksley is built by TrustSwap, which also owns Team Finance — the tool linked above.