Flirting with Models cover image

Jeff Yan - High Frequency Crypto Market Making & the Hyperliquid Exchange (S6E2)

Flirting with Models

00:00

How to Trade RFQs in Decentralized Exchanges

One of your favorite discontinued on-chain strategies was trading RFQs. We had heard a lot of the best opportunities were starting to move on-chain and centralized exchange trading was kind of hitting. The idea is good, well, let's try to filter out this toxic flow that makers hate so much. Let's try to have retail interact directly with market makers. Good in theory, but in DeFi, it's just obviously a dumb idea because how do you prove that you're retail? Everything's anonymous, and you're not, you know, I see it.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app