---
title: "Liquidity Score Changelog"
canonical: "https://pharos.watch/methodology/liquidity-score-changelog/archive/v7/"
description: "Liquidity Score Changelog - Pharos methodology version history."
---

# Liquidity Score Changelog

[All versions](https://pharos.watch/methodology/liquidity-score-changelog/)

<a id="changelog-v-7-0"></a>

## v7.0 - Independent native prices for reviewed retained markets

**Effective:** 2026-11-08

Reviewed native venue observations can price retained USDA and pathUSD markets through the existing direct_api family. The quote token must have an independently admitted current USD price; neither source labels nor a second read of the same physical market create a second contribution.

- USDA reuses the current run's factory-verified, block-pinned PancakeSwap V2 USDA/USDT reserves. Its USD price is the reserve ratio times the trusted USDT mark, with support capped by retained TVL and independently valued reserves. No additional RPC reads or target-price feedback are introduced.
- pathUSD reads Tempo's native exchange at a fresh pinned block, verifies the OUSD/pathUSD and USDT/OUSD route identities, and requires two-sided native quotes supporting at least the existing $50K price-observation floor. Support is only the demonstrated USD notional capped by retained TVL; singleton custody, headline book inventory and intermediate OUSD prices never value the route.
- Both observations retain the older venue/quote-parent clock and replace only price provenance and bounded price support after the CoinGecko refresh. Existing pool identity deduplication, freshness, $1M/two-family depeg admission and closure rules remain unchanged. Liquidity weights, retained TVL and volume are unchanged; this is no retained-TVL measurement-epoch break.
- USDR remains unadmitted: the observed RISE Icarus inventory has only one pool above the unchanged $50K floor, and its concrete USDC.e deployment has no independently admitted USD valuation. Its blind-event review remains scoped and dated.

Origin: Contemporaneous release record

Commits: Commit provenance not recorded