Efficient Frontier Market Making Weekly Report November 29th

SSV has been absolutely ripping the market in the last 7 days and the tokens gains has out performed the markets gains.

  • We’ve observed a 45+% increase in the last 7 days
  • 75+% in the last 30 days.

Last week another CEO left the helm, CZ got a $4.5 billion ‘slap on the wrist.’ We’ve also observed the 9th consecutive week of positive inflows into crypto - last weeks inflow was the biggest since the FTX crash.

There has been an increase in the volume of SSV traded. Efficient Frontier has increased the amount of traded volume to support the token. Most notably we’ve increased our traded volume in the only market that had reduced volume (Binance SSV/ETH)

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

  • As mentioned volumes have increased and we’ve increased our traded volume.

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. EFs uptime ~80+%

    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.