After last weeks landslide, SSV has made a quick recovery. Outperforming the market gains
Efficient Frontier is exploring methods to support SSV market on ByBit.
- What you seeing below is SSV gains for the week. As of UTC +00, where SSV was up ~20%
- SSV is now up 30+% in the last 7 days
- Comparative tokens have not performed as well as SSV
A few notes to explain what you are seeing:
• “7d Avg Spread” is the average spread from the best performing spread market (Binance USDT pair).
• “4% Liquidity” is ±2% from midprice liquidity sitting in the books across all exchanges
• In the individual pairs, the “2% Liquidity” is ±1% from the midprice liquidity sitting in that individual pair
*The price movement and comparison can be referenced on CoinGecko under “How does the price performance of SSV Network compare against its peers?” SSV Network Price: SSV Live Price Chart, Market Cap & News Today | CoinGecko
- Volumes are looking great.
- Efficient Frontier traded almost $5m on the SSV/USDT market on OKX and Binance (Combined)
- We’re a good part of the market share and continue to battle it out to support the positive momentum.
Liquidity Snapshots
- Below is the average liquidity for the week. 2% = ±1%, 4% = ±2%, 8% = ±4%
Spreads for the previous week.
- This is the % of time EF kept spreads from bid-ask at 75bps or better.
Please follow market spreads either on the exchanges or Coingecko/Coinmarket cap to validate that our spreads are remaining below the agreed upon KPI
This does not include liquidity & trading in the V3 pool
Our aim is to continue to incentive volume and sustained trading health in the SSV market while remaining as transparent as we can with community members.