Volume metrics are fake.
Open interest = real capital at risk. You can't fake that.
@Lighter_xyz and @Variational_io both did ~$72-73B in 30d volume.
But Variational holds 30% MORE open interest.
That's the difference between wash trading and actual liquidity depth. Watch OI velocity, not just volume numbers.
Open interest = real capital at risk. You can't fake that.
@Lighter_xyz and @Variational_io both did ~$72-73B in 30d volume.
But Variational holds 30% MORE open interest.
That's the difference between wash trading and actual liquidity depth. Watch OI velocity, not just volume numbers.
