# Efficient Frontier Market Making Weekly Report October 24th **URL:** \ **Category:** SSV Token\ **Created:** [October 24, 2023, 12:21pm UTC](https://forum.ssv.network/t/efficient-frontier-market-making-weekly-report-october-24th/1221 "2023-10-24T12:21:34Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![Johnny\_Orli\_MM](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.ssv.network/johnny_orli_mm/32/561_2.png) [@Johnny\_Orli\_MM](https://forum.ssv.network/u/Johnny_Orli_MM)\ **Post date:** [October 24, 2023, 12:21pm UTC](https://forum.ssv.network/t/efficient-frontier-market-making-weekly-report-october-24th/1221/1 "2023-10-24T12:21:34Z")
**SSV community, find below the market-maker performance update.** The broader market is reeling from Geopolitical tension and widened uncertainty. Crypto has bucked the trend. BTC dominates the positive momentum which has started to trickle down towards Alts. The big news is that US courts are expected to give a mandate to the SEC regarding the Greyscale ETF (Some anticipating it will be handed down on Friday) paving the way for an BTC ETF approval. SSV’s price movement has been positive. ~7.00% up in the last 7 days. ![Screen Shot 2023-10-24 at 14.14.19](https://canada1.discourse-cdn.com/flex030/uploads/ssvnetwork/original/1X/638bba1f223de9555ad2cf1db542301de961f557.png) 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:** ![Screen Shot 2023-10-24 at 14.15.06](https://canada1.discourse-cdn.com/flex030/uploads/ssvnetwork/original/1X/768c0ec8fe2c50ab33ca4fe1c58ad588a9c869bc.png) **Spreads for the previous week.** This is the % of time EF kept spreads from bid-ask at 75bps or better. All over 97% this week. ![Screen Shot 2023-10-24 at 14.16.56](https://canada1.discourse-cdn.com/flex030/uploads/ssvnetwork/original/1X/3be4142b96380948e52b60ed01ed3b84b8802e4f.png) 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. ---
**Author:** ![BenAffleck](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.ssv.network/benaffleck/32/19_2.png) [@BenAffleck](https://forum.ssv.network/u/BenAffleck)\ **Post date:** [October 31, 2023, 9:45am UTC](https://forum.ssv.network/t/efficient-frontier-market-making-weekly-report-october-24th/1221/2 "2023-10-31T09:45:24Z")
@Johnny_Orli_MM @raz-ef thank you very much. There has recently been a debate in the community about your performance, both on the forum and Discord. > [@Thoughts on $SSV Token Dropping for 9 Months in a Row and MM efficiency](https://forum.ssv.network/t/thoughts-on-ssv-token-dropping-for-9-months-in-a-row-and-mm-efficiency/1228): > > EDITED BY MODERATOR TO REDUCE SOME OF THE NOISE FROM THIS POST SSV/USDT token price trend as of 2023-10-31( Daily level) As shown in the figure, for a long time, the token price has been suppressed by (MA90) at the daily level, and the market maker did not perform technical obstruction at the key point, causing the token price to fall further. This is the result of the market maker. Inescapable responsibility SSV/USDT token price trend as of 2023-10-31( Week level) At the weekly le… Would you mind chiming in and presenting the community with some data proving your efficiency and performance? Also, please present a plan to improve in case you agree with some of the claims. Overall, we’d like to see you more active on our Discord and answer to community questions. Thank you very much! ---
**Author:** ![Johnny\_Orli\_MM](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.ssv.network/johnny_orli_mm/32/561_2.png) [@Johnny\_Orli\_MM](https://forum.ssv.network/u/Johnny_Orli_MM)\ **Post date:** [October 31, 2023, 12:51pm UTC](https://forum.ssv.network/t/efficient-frontier-market-making-weekly-report-october-24th/1221/3 "2023-10-31T12:51:50Z")
Hey @BenAffleck, thanks for the feedback and update. We take these claims very seriously and try to achieve and maintain a high standard. I’ll add some extra insight into the concerns raised in the coming days. I would like to highlight that we facilitate organic trade and provide an optimal environment for trading - we will never participate in manipulating prices and the market dynamics. Our weekly updates highlight that. Related to Discord, we’ll look to contribute and have more of a presence there, too. Thanks again. ---
**Author:** ![BenAffleck](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.ssv.network/benaffleck/32/19_2.png) [@BenAffleck](https://forum.ssv.network/u/BenAffleck)\ **Post date:** [October 31, 2023, 2:27pm UTC](https://forum.ssv.network/t/efficient-frontier-market-making-weekly-report-october-24th/1221/4 "2023-10-31T14:27:59Z")
Hello @Johnny_Orli_MM, thanks for your prompt feedback. Everyone is interested in maximum transparency, so we don’t have to rely on trust only. My job is to represent the needs and concerns of ALL community members, even if it is a minority. That’s why I have conducted a few interviews and collected the following questions, we’d like to get answered, so everyone can look at the data and derive the real picture from it. 1. **Performance Metrics** : 2. **Delta Neutrality** : 3. **Order Flow** : 4. **Inventory Management** : 5. **Transparency and Reporting** : 6. **Liquidity Provision** : 7. **Communication** : 8. **Competitive Analysis** : 9. **Future Strategies** : Thank you very much! ---
**Author:** ![zhangdapao](https://avatars.discourse-cdn.com/v4/letter/z/ce7236/32.png) [@zhangdapao](https://forum.ssv.network/u/zhangdapao)\ **Post date:** [November 1, 2023, 1:44am UTC](https://forum.ssv.network/t/efficient-frontier-market-making-weekly-report-october-24th/1221/6 "2023-11-01T01:44:40Z")
Can you provide us with weekly transaction records? For example, how much do you actively buy and how much do you actively sell? How much passive buying and how much passive selling? Is there a practice of selling high and buying low? What is your weekly plan? You should publish your posts with detailed data every week, instead of some unnecessary and seemingly useless data and weekly news summaries. We have no knowledge of your operations. Please answer the questions in the posts in detail. Thank you