Efficient Frontier Market Making Weekly Report November 21st (1)

*After 30-days of impressive gains (~37% price increase), SSV has experienced a sell off in the last week.

  • The price has dropped ~7.3%

We’ve observed the 8th consecutive week of positive inflows into crypto, marking the most significant increase in volume since the FTX collapse. However, the inflows this week were a drop off from the previous 3 weeks.

There has been a decrease in the volume of SSV traded, Efficient Frontier have continued to keep our marketshare consistent so that we can support the market as much as possible.

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

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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