A sign of a real perps user base is the OI relative to the actual volume



This is how to spot wash-trading

A good example is @reya_xyz:

> $739m in 24hr vol
> $20m OI
> 36.95 Volume-to-OI

whereas @paradex has:

> $825m in 24hr vol
> $388m OI
> 2.12 Volume-to-OI
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin