Thanks @xenoflux for answering my question the other day re crypto trading while a blockchain is down.
I'm a visual learner, so here's the visual representation of his answer:pic.twitter.com/J5347lsUGl
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My only issue was why there wasn’t a massive dislocation between exchanges as Arbers couldn’t send Sol for like 24hrs. Were perps able to keep the underlying in line??
1) do we know if there was a dislocation? I don't have the data to say one way or the other. 2) if there was NOT a dislocation my guess would be a few big firms had enough capital at enough exchanges to arb it away without interacting on-chain
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Very true. I was just surprised there happened to be enough capital available. I guess there was a lot of incentive in preventing substantial market movement.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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