Happy new year SSV community! 
A nice end to the year and start to 2024.
- SSV is up 26+% - which is outperforming the market gains.
- SSV has outperformed the market for the second week in a row.
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
- We’ve increased our traded volume on Binance (SSV/USDT Pair) from $2.6m to $3.1m.
- We’ve also increased our traded volume on OKX (SSV/USDT Pair) from $3.2m to $4.7m.
- The increased volume traded comes at the backdrop of increased volumes for SSV across the board. As the volumes in the markets have increased, we’ve increased our traded volume across all markets so that we can add the needed support.
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 94+%
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.