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SBF
@SBF_FTX
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@SBF_FTX
13) making a lot of assumptions there -- just sort of multiplying estimated average fees by adjusted volume;
@coingecko
is relativley good if *make sure to add up spot + derivatives!* also I think the gecko undercounts some spot volume, e.g. huobi, by a bit
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SBF
@SBF_FTX
14) sure, alright. so huobi is big, and then... it depends on what metrics you use, really. FWIW liquidity is probably roughly: huobi/ftx uni/coinbase/sushi not really sure how to think about tether here
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SBF
@SBF_FTX
16) volume is something like: huobi: 5b ftx: 1b uni/coinbase: 500m sushi: 100m tether: 50m (creation/redemption; trading way higher)
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SBF
@SBF_FTX
17) anyway guys there are some rankings. also fwiw in case anyone's interested: Coinbase: no public valuation/token, last $10b??? ftt: 350 circ, 1b full ht: 1b circ, 2.5b full sushi: 150 circ, ~350 (?) full tether: no public valuation/fee token uni: 350 circ, 5.5b full
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SBF
@SBF_FTX
18) and remember some are newer than others! uni is old but its prominence is newer, and fees are forthcoming. sushi is really new but also in some ways very old :P tether is old, coinbase is old, huobi is old ftx is relatively new
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SBF
@SBF_FTX
19) anyway none of this was investment advice. but yeah a lot of people seem to be posting stuff on twitter that doesn't exactly line up with the numbers.
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