diff --git a/src/openapi.ts b/src/openapi.ts
index bf08b0c..48fe219 100644
--- a/src/openapi.ts
+++ b/src/openapi.ts
@@ -52,6 +52,9 @@ export function buildOpenApiSpec(): Record<string, unknown> {
       "/api/v1/liquidity/entries": {
         get: { summary: "List raw per-anchor liquidity entries" },
       },
+      "/api/v1/liquidity/anchors/{anchor}": {
+        get: { summary: "List raw liquidity entries for a single anchor" },
+      },
       "/api/v1/liquidity/{asset}": {
         get: { summary: "Read the aggregated pool for one asset" },
       },
diff --git a/src/repositories/liquidityRepository.test.ts b/src/repositories/liquidityRepository.test.ts
index cede6a0..fe5f5ec 100644
--- a/src/repositories/liquidityRepository.test.ts
+++ b/src/repositories/liquidityRepository.test.ts
@@ -37,6 +37,17 @@ describe("LiquidityRepository", () => {
     expect(repo.byAsset("EURC")).toHaveLength(1);
   });
 
+  it("filters entries by anchor", () => {
+    const repo = new LiquidityRepository();
+    repo.upsert(entry("anchorA", "USDC", 100));
+    repo.upsert(entry("anchorB", "USDC", 50));
+    repo.upsert(entry("anchorA", "EURC", 75));
+
+    expect(repo.byAnchor("anchorA")).toHaveLength(2);
+    expect(repo.byAnchor("anchorB")).toHaveLength(1);
+    expect(repo.byAnchor("anchorC")).toHaveLength(0);
+  });
+
   it("aggregates pools per asset", () => {
     const repo = new LiquidityRepository();
     repo.upsert(entry("anchorA", "USDC", 100));
diff --git a/src/repositories/liquidityRepository.ts b/src/repositories/liquidityRepository.ts
index 3114105..b1e14e1 100644
--- a/src/repositories/liquidityRepository.ts
+++ b/src/repositories/liquidityRepository.ts
@@ -34,6 +34,11 @@ export class LiquidityRepository extends InMemoryRepository<string, LiquidityEnt
     return this.listAll().filter((e) => e.asset === asset);
   }
 
+  /** Returns all entries for a given anchor. */
+  byAnchor(anchor: string): LiquidityEntry[] {
+    return this.listAll().filter((e) => e.anchor === anchor);
+  }
+
   /** Returns every stored entry. */
   all(): LiquidityEntry[] {
     return this.listAll();
diff --git a/src/routes/liquidity.test.ts b/src/routes/liquidity.test.ts
index dfdb13f..5a276dd 100644
--- a/src/routes/liquidity.test.ts
+++ b/src/routes/liquidity.test.ts
@@ -171,4 +171,37 @@ describe("liquidity routes", () => {
       expect(res.body.error.code).toBe("BAD_REQUEST");
     }
   });
+
+  it("lists entries by anchor via GET /anchors/:anchor", async () => {
+    const app = createApp();
+    await request(app)
+      .post("/api/v1/liquidity")
+      .send({ anchor: "anchorA", asset: "USDC", amount: 500 });
+    await request(app)
+      .post("/api/v1/liquidity")
+      .send({ anchor: "anchorB", asset: "USDC", amount: 300 });
+    await request(app)
+      .post("/api/v1/liquidity")
+      .send({ anchor: "anchorA", asset: "EURC", amount: 150 });
+
+    const res = await request(app).get("/api/v1/liquidity/anchors/anchorA");
+    
+    expect(res.status).toBe(200);
+    expect(res.body.entries).toHaveLength(2);
+    
+    const assets = res.body.entries.map((e: any) => e.asset).sort();
+    expect(assets).toEqual(["EURC", "USDC"]);
+  });
+
+  it("does not shadow /:asset with /anchors/:anchor", async () => {
+    const app = createApp();
+    // Insert an asset named "anchors" just to be sure it can still be fetched
+    await request(app)
+      .post("/api/v1/liquidity")
+      .send({ anchor: "anchorA", asset: "ANCHORS", amount: 500 });
+
+    const res = await request(app).get("/api/v1/liquidity/ANCHORS");
+    expect(res.status).toBe(200);
+    expect(res.body.total).toBe(500);
+  });
 });
diff --git a/src/routes/liquidity.ts b/src/routes/liquidity.ts
index ea5ad9b..843a7c9 100644
--- a/src/routes/liquidity.ts
+++ b/src/routes/liquidity.ts
@@ -35,6 +35,11 @@ export function liquidityRouter(service: LiquidityService): Router {
     res.json(service.removeEntry(req.params.anchor, req.params.asset));
   });
 
+  // Read the raw liquidity entries for a single anchor.
+  router.get("/anchors/:anchor", (req: Request, res: Response) => {
+    res.json({ entries: service.listByAnchor(req.params.anchor) });
+  });
+
   // Read the aggregated pool for a single asset.
   router.get("/:asset", (req: Request, res: Response) => {
     res.json(service.getPool(req.params.asset));
diff --git a/src/services/liquidityService.test.ts b/src/services/liquidityService.test.ts
index 5e390c3..266cb61 100644
--- a/src/services/liquidityService.test.ts
+++ b/src/services/liquidityService.test.ts
@@ -128,4 +128,19 @@ describe("LiquidityService", () => {
       expect.objectContaining({ status: 404, code: "NOT_FOUND" }),
     );
   });
+
+  it("lists entries by anchor", () => {
+    const service = makeService();
+    service.addLiquidity({ anchor: "anchorA", asset: "USDC", amount: 100 });
+    service.addLiquidity({ anchor: "anchorB", asset: "USDC", amount: 50 });
+    service.addLiquidity({ anchor: "anchorA", asset: "EURC", amount: 75 });
+
+    const entriesA = service.listByAnchor("anchorA");
+    expect(entriesA).toHaveLength(2);
+    expect(entriesA.map(e => e.asset).sort()).toEqual(["EURC", "USDC"]);
+
+    const entriesB = service.listByAnchor("anchorB");
+    expect(entriesB).toHaveLength(1);
+    expect(entriesB[0].asset).toBe("USDC");
+  });
 });
diff --git a/src/services/liquidityService.ts b/src/services/liquidityService.ts
index cf9555a..62583dc 100644
--- a/src/services/liquidityService.ts
+++ b/src/services/liquidityService.ts
@@ -131,4 +131,10 @@ export class LiquidityService {
   listEntries(): LiquidityEntry[] {
     return this.repo.all();
   }
+
+  /** Returns all raw liquidity entries for a given anchor. */
+  listByAnchor(anchorInput: unknown): LiquidityEntry[] {
+    const anchor = requireString(anchorInput, "anchor");
+    return this.repo.byAnchor(anchor);
+  }
 }