In the rapidly growing burgeoning realm of Web3, projects face unexpected hurdles that threaten their success. One of the primary challenges lies with the market makers: their lack of transparency and collaboration.
Singapore, Aug. 17, 2023 (GLOBE NEWSWIRE) — The Lack of Transparency Among Market Makers
The cryptocurrency market, known for its pillars of transparency, trustlessness, and „don’t trust, verify” philosophy, has rapidly grown in popularity. However, Web3 unexpectedly grapples with an opaque issue: the lack of transparency among market makers.
This problem primarily affects small and mid-cap projects. These small teams normally lack the expertise and tools to assess the performance of these market makers. Ultimately, they could easily be taken advantage of by the market makers.
Market makers play a crucial role in maintaining a healthy trading environment. However, their lack of transparency about their real performance (in spread and depth) and lack of education about
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