joshua Profile picture
@aori_io MEV + API Terrorist my lawyer says to add that this is MY OPINION!
Aug 1, 2024 18 tweets 5 min read
DEAD WEIGHT LOSS…

(no im not talking about YOUR MOMMA)

THREAD 🧵 ON MARKET MAKING, DEFI, AND DOG SHIT PROTOCOL DESIGN

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I did very fun panel at ETHCC thanks to the @SorellaLabs team.. and wanted to do a writeup here on the panel as many enjoyed…

I think DeFi trading has been trending on in one direction over the years… namely, minimizing DEAD WEIGHT LOSS (DWL)...

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Apr 30, 2024 17 tweets 3 min read
I think I need to write important thread on perhaps one of the most under explored questions in DeFi…

if market makers are so sophisticated why do ONLY 2 dominate all on-chain trading? Image For reference, there are at least 50 market makers on Binance or Coinbase doing +$10MM per day on each venue. Not to mention higher volume directional funds… so why have none besides these two (reader can figure out who they are) PENETRATED defi?
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