Selini Market Making Report September 10th 2024

Performance Summary - August, 21st 2024

SSV Token Performance Chart

SSV Token Experiences Price Action and Volume

  • SSV is up 1.8% over the last 24 hours but still down 3.4% for the week. 1-year performance is still a strong +29.7%. Volume over the last week has ranged between 10-17MM tokens per day.

SSV Token Comparisons

Bitcoin and Ethereum Experience Price Drops

  • Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, experienced declines this week. Bitcoin is down 3.56% and Ethereum is down 6.67%.

LDO and RPL Also Face Price Pressures

  • LDO continued to face downward pressure, declining by 3.87%, and RPL experienced a 2.2% uptick over the same period.

Liquidity Overview

Liquidity Overview

Binance

  • Binance continued to maintain a robust liquidity pool in the USDT trading pair. The BTC pair remains a thinner market, which we will continue to monitor.

OKX and Bybit

  • Both OKX and Bybit exchange liquidity remained in line with previous periods.

Gate

  • Data reported by Gate might continues to be inflated.

Selini

  • Selini maintained a perfect 99.8% quoting uptime over the past week. This consistent performance is crucial for ensuring reliable and uninterrupted liquidity.

DISCLAIMER: INFORMATIONAL PURPOSES ONLY

The materials, charts and information contained herein have been prepared or assembled by the author and are intended for informational purposes only. Some of the information may be dated and may not reflect the most current developments. The information is not intended to be “live” and only represents a snapshot of the information currently available (such information may not be complete) to the author. The author and any affiliate of the author make no representation or warranty (whether express or implied) as to the accuracy of the information made herein. Any opinions expressed on or through this medium are the opinions of the individual author and may not reflect the opinions of the author’s affiliates or any other party.

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