The two-tier capacity clamp: refusing trades a pool cannot absorb

BlazePhoenix Engineering · updated 2026-07-17 · 6 min · written from the deployed bytecode

Abstract in 15 languages · resumo · resumen · 摘要 · 要旨 · ملخص

EnglishEven honest pools have finite capacity. The two-tier clamp caps each pool's share against its real holdings and refuses trades the candidate set cannot absorb — no_route beats a confident disaster.

PortuguêsMesmo pools honestos têm capacidade finita. O clamp de dois níveis limita a fatia de cada pool ao que ele realmente detém e recusa trades que o conjunto não absorve — no_route é melhor que um desastre confiante.

EspañolIncluso los pools honestos tienen capacidad finita. La pinza de dos niveles limita la parte de cada pool a sus tenencias reales y rechaza operaciones que el conjunto no puede absorber: no_route es mejor que un desastre seguro.

FrançaisMême un pool honnête a une capacité finie. Le double verrou plafonne la part de chaque pool selon ses avoirs réels et refuse les ordres que l'ensemble ne peut absorber — no_route vaut mieux qu'un désastre assuré.

DeutschAuch ehrliche Pools haben endliche Kapazität. Die zweistufige Klammer begrenzt jeden Pool auf seine realen Bestände und verweigert Trades, die das Kandidatenset nicht tragen kann — no_route schlägt ein selbstsicheres Desaster.

РусскийДаже честные пулы имеют конечную ёмкость. Двухуровневый ограничитель урезает долю каждого пула по его реальным запасам и отклоняет сделки, которые набор не может поглотить: no_route лучше уверенной катастрофы.

TürkçeDürüst havuzların bile kapasitesi sınırlıdır. İki kademeli kelepçe her havuzun payını gerçek varlıklarıyla sınırlar ve aday kümenin taşıyamayacağı işlemleri reddeder — no_route, emin bir felaketten iyidir.

العربيةحتى المجمّعات النزيهة ذات سعة محدودة. المشبك ثنائي المستوى يحدّ حصة كل مجمّع بما يملكه فعلاً ويرفض الصفقات التي لا تستوعبها المجموعة — إن no_route أفضل من كارثة واثقة.

हिन्दीईमानदार पूल की भी क्षमता सीमित होती है। दो-स्तरीय क्लैंप हर पूल का हिस्सा उसकी वास्तविक होल्डिंग तक सीमित करता है और वे ट्रेड ठुकरा देता है जिन्हें सेट सह नहीं सकता — आत्मविश्वासी आपदा से no_route बेहतर है।

日本語誠実なプールでも容量は有限です。二段クランプは各プールの取り分を実保有量で制限し、候補全体で吸収できない取引を拒否します。自信満々の惨事よりno_routeの方が良いのです。

中文即使诚实的池容量也有限。双层钳制将每个池的份额限制在其真实持仓内,并拒绝候选集无法承受的交易——no_route 胜过一场自信的灾难。

한국어정직한 풀도 용량은 유한합니다. 2단 클램프는 각 풀의 몫을 실제 보유량으로 제한하고, 후보군이 감당 못 할 거래는 거부합니다. 자신만만한 재앙보다 no_route가 낫습니다.

Bahasa IndonesiaPool yang jujur pun kapasitasnya terbatas. Penjepit dua tingkat membatasi porsi tiap pool sesuai kepemilikan nyatanya dan menolak transaksi yang tak dapat diserap — no_route lebih baik daripada bencana yang percaya diri.

বাংলাসৎ পুলেরও ধারণক্ষমতা সীমিত। দ্বি-স্তরীয় ক্ল্যাম্প প্রতিটি পুলের অংশ তার প্রকৃত হোল্ডিংয়ে সীমাবদ্ধ রাখে এবং যে ট্রেড সেটটি সামলাতে পারে না তা প্রত্যাখ্যান করে — আত্মবিশ্বাসী বিপর্যয়ের চেয়ে no_route ভালো।

FilipinoKahit tapat na pool ay may hangganan ang kapasidad. Nililimitahan ng two-tier clamp ang bahagi ng bawat pool ayon sa totoong hawak nito at tinatanggihan ang trade na hindi kaya ng set — mas mabuti ang no_route kaysa kumpiyansang sakuna.

Even an honest pool has finite capacity. Push 10,000 tokens into a pool that holds 6,200 of the counter-asset and the math still "works" — the price just collapses under you. In our measured replay, routing 89% of a 10,000-unit trade into a pool holding 6,200 produced a 27% realized loss and burned about 7 million gas across the retry cascade. Nothing reverted; the user simply got destroyed by slippage that the naive route accepted.

The pathological version is worse: one thin pool quoted 117x the honest output for a size it could never absorb — a phantom quote that a volume-maximizing router would chase off a cliff.

Two tiers of refusal

Tier one caps any single pool's share of a route at what its real holdings can absorb without pathological impact (the deployed Solver caps concentration drain at 30% of a pool's measured balance). Tier two clamps the aggregate: if the candidate set's combined real capacity cannot carry the trade at acceptable impact, the plan is refused — previewPlan returns no route rather than a bad one.

A refusal is a feature. The worst quote is not a slightly-worse price; it is a confidently-wrong plan. BlazePhoenix would rather return no_route than manufacture an executable disaster.

Do not trust this page — reproduce it

Every claim above is checkable against the chain. Start here:

GET https://blazephoenix.xyz/api/quote?chain=base&in=WETH&out=<thin-token>&amountIn=<huge> → observe no_route instead of a fantasy quote

Contracts are verified on every chain we deploy to — addresses in the protocol manifest. Deeper formal treatment: the whitepaper (PDF).

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