What's the Difference Between Liquidity and Volume?

Santu: Can you talk about the mechanism to incentivize liquidity? Because it's novel and perhaps why did OpenSea kind of not think about this? Packman: I'm just going to ask a really dumb question for folks who aren't on the trader side, which is like explain the difference between liquidity and volume. And then Santu, a really good question by Santu too. Great question. So in the Luxra model, basically there's a direct incentive to wash trade where as in the Blur model, there's adirect disincentive to wash trade. The vast majority of volume on Blur has been organic.

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