SSV community, find below the market-maker performance update.
An up and down week in the markets:
The good news – ARK & 21Shares have applied for an Ethereum spot ETF. And a good win for our friends at Solana partnering with Visa for USDC settlements.
While the rest of the market (not just the tokens below) were down 3-8%, SSV had an awesome 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 is the % of time EF kept spreads from bid-ask at 75bps or better. All are over 97%.
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.
Goodluck for the next stage of the launchphase!