SSV community, find below the market-maker performance update.
The notoriously bad month (for all markets, not only crypto) of September is over. The rise in price of BTC has trickled down and the launch of Immunefi has been met warmly. SSV’s price has moved favorably, a rise in the demand for bond yields caused a slight retraction across the market. As October (And Q4) starts, volumes have also increased across the market.
The price of SSV has moved up 4.52% in the last 7 days. The price movement is outperforming the gains of comparative coins. Volume has improved to $6.6m compared to $5.1m from the previous week.
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 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.