Flirting with Models cover image

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

Flirting with Models

00:00

The Toxic Flow of Crypto Markets

The best market is just one where people are free to trade. There's a lot of value that the takers provide as well. It's not clear that the maker orders are all market makers and the taker orders are retail. And so yeah, the toxic flow is basically these takers.

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