Efficient Frontier Market Making Weekly Report July 4th

SSV community, find below the market-maker performance update.

A good week in the markets for SSV to start the 2nd half of 2023.

Kaiko just reported that Q2 was the lowest CeFi trading volume in 3 years. So let’s hope that the positive America ETF news, together with Asia still driving crypto adoption, we can have a better Q3.

For those heading to Barcelona and Paris, have fun :tada:

And for the Americans in the room, Happy 4th :football: :us: :fireworks:

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.

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