TWAP · PASS to t
—
envelope · final range
TWAP · FAIL to t
—
envelope · final range
Spread (PASS − FAIL)
—
team buffer applied to PASS side
Lock status
—
path-independent resolution certainty
☉
PASS — projected at current trajectory
outcome remains path-dependent
VI · TWAP Battle Estimator
Flat-hold attack model from now to expiry. Core quantity is TWAP area; notional uses recent empirical repricing from loaded trades when available.
Needs recent trade samples to convert price move into rough notional.