@ShardiB2 Shardi have a look at @variational_io to tap existing CEX, DEX and TradFi liquidity for directional trades
๐ OMNIZAVUT5
https://t.co/g4CoVy0Y8g
Onchain order books face a massive cold start problem, requiring millions in subsidies to attract market makers for new assets, and it's still unclear if they will ever match TradFi liquidity.
Our RFQ model bypasses this entirely, tapping directly into existing CEX, DEX, and TradFi liquidity to list new crypto and RWAs faster and with best in class execution.
Read the full interview via @DefiLlama:
Phase 1 RWAs now represent 14.9% of volume and 12.4% of OI on @variational_io .
Imagine what Phase 2 (tradfi liquidity on-chain) will look like. More listings coming daily. We're just getting started.