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What coin should FTX list futures on next? (Note this one could be a bit delayed--it's also competing against more MOVE contracts.)
  • XTZ
    26.3%
  • DMME
    38.9%
  • RVN
    14%
  • REN
    20.7%
6,627 votesFinal results
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Replying to and
None of the coins you just listed on this poll have proper volume/liquidity. I don't understand why you guys would push instruments like this for derivative products. I have to imagine there's a market-share affect. Push what the market supports.
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Coinmarketcap lists 4978 coins. Here's the top 50 by volume. Below the top 40 doesn't even register i.e. 4938 coins are illiquid. Investors want liquidity at entry and liquidity on exit. Very few coins have credible liquidity to be good investments.
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Replying to and
I think you guys have done an amazing job with the other products like the mid-perps, etc... I have to imagine at some point there's a threshold in terms of volume marketshare. Certainly as the overall market cycle uptrends that can shift gears. I guess you guys are prepping.
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He’s completely correct though. You have enough perp and futs derivative products available and adding very low cap shitcoin essentially does nothing to boost reputation in the space. Focus on making a better performing, higher volume exchange that offers everything for traders