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Sam Bankman-Fried and Matt Levine on How the Crypto Market Really Works
Odd Lots
How Do We Solve Market Orders?
The market order thang goes about as poorly as you would expect. We have false back obliquity frior system, where basically we just pass off the remaining positions and valuen the account wholesale. The goal is to sort of like divertively unnecessary impact rate. But at least you wount to have that impact be like, the corect economic impact instead of like, tines o because sdon way too quickly, or something.
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