Writing

Notes on liquidity, market making, and what a healthy token market actually looks like.

• Market making or volume: what a token listing actually needsThe difference between real two-sided liquidity, the volume figure an exchange requires to keep a listing, and volume sold as fake demand.
• Preparing liquidity for a CEX listing: a checklistA practical, honest checklist for a token team preparing liquidity before and during a centralized exchange listing, from inventory to listing day.