Why institutional traders should rethink liquidity: order books, peel layers, and the promise of a new DEX era
So I was thinking about liquidity two nights ago while staring at my screen. Market depth looks OK on surface snapshots, but it often lies when you need it most. Really? Whoa! My first take was simple: bigger bids and asks solve slippage, end of story, but that felt incomplete. Actually, wait—let me rephrase that—more […]
