I was under the impression there would be market makers or “liquidity providers” (I assume they are the same thing) on the platform from day 1. However, the only market with a reasonable spread is NEO/ETH. Others markets have spreads into the 10’s of %. Clearly nobody is doing any (real) market making on those pairs up until now. What is up with that?
They did state that they’d be focusing on the eth/neo eth/usdc neo/usdc pairs to begin with, sorry I don’t have the sauce for that. It’s been a month now so I’ll be surprised if they don’t start turning up the volume on the other pairs soon.
Fabio talked about it recently: