> For the complete documentation index, see [llms.txt](https://basket-fund.gitbook.io/basket.fund-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basket-fund.gitbook.io/basket.fund-docs/value-performance-and-fees/liquidation-value.md).

# Liquidation value

Liquidation value estimates how much USDC could be received if the basket’s current assets were sold through available liquidity.

This number can be lower than spot NAV, especially for larger positions or thinner assets.

For example, a token may show a strong spot price, but selling size into shallow liquidity can move the price. In that case, the exit value matters more than the chart value.

basket.fun should show estimated liquidation or exit value where possible so users can better understand the difference between holding value and exit value.


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