Conversation

We are spending a lot of time trying to assess the integrity of the markets that are covered on the skew derivatives data platform. One of the benchmark metrics we like for perp swaps is "velocity" - the ratio of 24h volume to open interest - between 2 and 4 currently.

skew

@skewdotcom

Jul 31, 2019

After adding CME yesterday (velocity < 1 currently), we are doing due diligence to add further venues. FTX is a platform we have heard many good things about - the velocity of its btc perpetual swap today is at 50+ today We will continue monitoring for the time being!

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SBF

@SBF_FTX

Jul 31, 2019

Nope, no wash trading! a) we have some large traders that trade primarily in 100-BTC lots b) b/c of Alameda, FTX had the most liquid orderbooks in crypto from the day it launched. Take a look!