Efficient Frontier Market Making Weekly Report August 1st

SSV community, find below the market-maker performance update.
Pretty crazy week in crypto. Worldcoin, Curve exploit, Bald Base memecoin rug/FTX conspiracy, SEC coming after HEX/Pulse… Yet bitcoin implied volatility is as low as ever .

A positive week for SSV, well outperforming your competitors. And a nice Ethereum 8th birthday present :partying_face:

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

Marketshare for the previous week:

Spreads for the previous week.
This is the % of time EF kept spreads from bid-ask at 75bps or better.

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.