BTC carries on to rip the market while stocks have had a slump!
- SSV is up 4.4% in the last 7 days.
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?” https://www.coingecko.com/en/coins/ssv-network
- The good news is that volumes have increased. EFrontier has increased our traded volume.
- Given the current sell-off we have also increased our market share for extra support.
Volumes can be checked on https://www.coingecko.com/en/coins/ssv-network and on the respective exchanges
- 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. EFs uptime is better than last weeks. We’ve maintained ~99% uptime.
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.