Order-Book Leverage, HFT, and the Liquidity Puzzle on DEXs: A Trader’s Field Notes
Whoa! I’m not kidding — the old assumptions about DEXs being „slow and expensive” are changing. I felt that shift first as a trader, not as a headline reader; somethin’ in the market simply started moving differently. At first it was subtle: tighter spreads on big pairs, fewer failed fills, and funding rates that actually […]
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