Efficient Frontier Market Making Weekly Report March 28th

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

Another very volatile week in the markets with the American & European banking contagion continuing and the SEC & CFTC going after Coinbase and Binance respectively.
SSV has been outperforming most in the market – particularly from a volume perspective.

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:
SSV MS Mar 28

Spreads for the previous week.
This is the % of time EF kept spreads from bid-ask at 75bps or better. Despite the volatility, pleased to say EF held all these spreads with an uptime over 92%

This does not include liquidity & trading in the V3 pool, as well as the hedging activity in Binance USDT pair.
Our aim is to continue to incentive volume and sustained trading health in the SSV market.