RE: Where Is The Biggest Liquidity For HBD? | Data On HBD Liquidity And Trading Volume
You are viewing a single comment's thread:
Hello 👋
Which could be the solution for those spikes in the recent past? Should HBD be listed on more Exchanges like Binance or some how the amount of tokens should increase without affecting the price?
And as always, great post.
0
0
0.000
The spikes halen because there isn’t enough liquidity and because upbit is for Korean people only.
The fact that the pump was quickly arbitraged the last few times is awesome.
The more funds are available for arbitrage, the more stable hbd becomes.
Yes exactly. PolyCub had a bit of liquidity for the spikes and with CUB’s HBD pools (3 total pools for HBD on CUB), we can see CUB absorbing liquidity which it can have at the ready for the next crazy HBD spike
Just need more activity to deepen these pools. I’d like to think PolyCub helped in a very small way to create those arb opportunities - I believe we did about $200k in HBD wraps and unwraps on that day - but we need that depth to have a big impact
Posted Using LeoFinance Beta
More exchanges are good for sure ... although at this point I'm not sure how many of them would be interested in listing a stablecoin :) Second layers app in hive moght be better at doing that job
I am working on getting Hive and HBD on a cuban platform that works as a payment gateway for cubans. Let’s see if that helps.