• 3 Posts
Joined 1 year ago
Cake day: June 15th, 2023


  • This is what happens when liquidity is prioritised above everything.

    The liquidity creators (market makers etc.) have made themselves the most important part of market structure today, which has resulted in the destruction of supply and demand.

    So unless you’re rigging making markets, what hope do you have?

    This is why direct registration needs to happen. They rely on everyone else’s assets to slush their liquidity around.