COMP is up about 50% since listing. No idea what the right price of COMP is or where/when it'll stop, but it's certainly had quite the week!
ftx.com/trade/comp-perp
FTX COMP perps remain the highest volume COMP product in CeFi.
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You added this early but it opened up very decent arbs. My guess is it’ll become a more efficient market soon once more venues list it, a few days? Let’s see
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To anyone reading this, feel free to exploit the Sept futures inefficiency. Thanks.
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The market is highly inefficient and illiquid.
Huge spread between bids and ask.
If you open a higher size position you could get rekt so easily and fast.
Only 10-20k$ can move the market 10-20% ...
Why not bother informing people about that?
Congratulations, Sam! Well done to you and the rest of the FTX team for responding so quickly to the build-up in demand for COMP-related products.
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