Read Delphi Digital’s analysis of cryptoasset liquidity on sX
Delphi's report on the liquidity of sX's listed cryptoassets
We recently engaged Delphi Digital to assess the liquidity of cryptoassets currently listed on Synthetix.Exchange. This process commenced after the sMKR and iMKR markets were exploited via spot market manipulation due to low liquidity in December 2019.
We are pleased to announce that Delphi Digital’s report is now complete and available to read here. The report confirms that the rest of the cryptoassets (other than MKR) currently have enough liquidity to be offered on sX, but recommends that an open interest cap based on liquidity is added. We will take this feedback on board and continue the discussions about an open interest cap with our community.
You can learn more about Delphi Digital here, or come join the Synthetix conversation in Discord.