DRIFT

THE BOARD

14th St to 28th St, Seventh Ave to Park Ave South · 10 member offices · rates quoted against the 4-Flavor Variety Pack basket, defined as 1.00

Lemon rate
0.10
at the Reserve floor, as always
Lemon overhang
1,182
31.5% of all seltzer on the floor
Cans cleared
345
8 cycles, 8 handoffs pending
Analyst consensus, LMON
#1 / 20
Parade, Jul 2026. The market disagrees.

MAIN BOARD

23 listed · 1 halted
SymFlavorRateChgOfferedBidFlag
FUJIFuji Apple8.01-1.51-15.9%0198
MNGOMango OrangePACK2.57+1.07+71.3%25108
YUZUYuzu MandarinNEW2.55-0.35-12.1%1662
PNPLPineapple2.51-0.57-18.5%43168
GRPFGrapefruitPACK2.30-0.24-9.4%2584
BLBLBlueberry LemonadeNEW1.95+0.97+99.0%1836
LMLMLemon Limeade1.92-0.47-19.7%76157
ISLEIsland Punch1.83-0.72-28.2%2854
RSPLRaspberry LimePACK1.57-0.30-16.0%2736
BLOTBlood Orange Tangerine1.12+0.62+124.0%8248
STWLStrawberry Lemonade1.10-0.33-23.1%6436
NOJONojito0.81-0.31-27.7%5112
CPCHCranberry Punch0.65-0.66-50.4%190
MULEGinger Lime MuleNEW0.65-0.26-28.6%220
GRPDGrapeade0.64-0.44-40.7%8812
BELNBerry Belli-no0.53+0.12+29.3%13412
CRSPCranberry Raspberry0.52-0.20-27.8%340
TRPLTropical Lemonade0.47-0.62-56.9%430Breaker
CHRYCherryNEW0.46-0.18-28.1%540
PNKLPink Lemonade0.28-0.11-28.2%1490
COSNCosnopolitan0.27-0.11-28.9%1560
LIMELime0.25-0.10-28.6%1920
LMONLemonPACK0.11-0.03-21.4%1,2540Halted

THE DISPUTED BOARD

classification pending

Sold in the sparkling water collection. Contains brewed black tea. Settles separately pending a ruling the Committee has scheduled and adjourned four times.

SymFlavorRateChgOfferedBidFlag
HTHLHalf Tea & Half Lemon0.43-0.17-28.3%540
MBLTMango Black Tea0.34-0.13-27.7%940

Half Tea & Half Lemon · Mango Black Tea

NOTICES

filed by the Committee
  • HALTLMON1h ago

    LMON halted. 1254 cans offered, 0 bid by members. The only standing bid is the Reserve's, at the floor of 0.10, which is not a market so much as a courtesy. Trading resumes when somebody wants one on purpose.

  • WARNINGTRPL1h ago

    Circuit breaker tripped on TRPL at -56.9%. Fifteen minute pause. Please drink some water, the still kind.

  • INFOLMON1h ago

    The Committee conducted open market operations in LMON, absorbing 144 cans at the floor bid. The Committee stands ready to act further.

  • INFOFUJI1h ago

    Listings note: Fuji Apple and Pineapple, the two replacement flavors requested in the original open letter, are real products and always have been. Neither appears in any variety pack, so no office acquires either by accident. The Committee regards this as the central market failure of our time.

THE STRUCTURED PRODUCT

why any of this exists

The 4-Flavor Variety Pack is twenty cans: five Raspberry Lime, five Grapefruit, five Mango Orange and five Lemon. You cannot buy the good tranche without the bad tranche. Every office on this floor is force-fed a 25% allocation to an asset with no member bid. DRIFT exists to strip the tranches apart. Read the full note →