Crypto analytics platform DefiLlama has integrated Forgd’s market-maker leaderboard, giving users access to data on spreads, market depth, trading volume and uptime. This ranking draws on data from more than 500 token projects and 35 market-making firms, evaluated using standardized measures of pricing, depth, reliability and execution quality. The tool allows DefiLlama users to compare market makers across different exchanges and assess the liquidity supporting individual tokens. Forgd CEO Shane Molidor specified that the ratings do not solely reflect observed trading performance, but also reflect the level of engagement of market makers in performance verification.
Source: Read the original article
