And this is exactly why the classic UniswapV2 style dexes remain so popular
The UniswapV2 behavior is already hard enough to reason about
These more sophisticated dexes, with their concentrated & one-sided liquidity — Nightmare.
Most basic charts of what happens over a range of prices or scenarios — Doesn’t exist.
Calculators to calculate answers to many of the very basic questions you might want to know about these dexes — Doesn’t exist (in many cases the answers have no closed-form solution, so not a matter of just knowing some simple formula solution.)
Anyway, yeah, $DJT was obviously pulling some tricks, exploiting errors in many of today’s trading calculators
— Because again, state of web3 is so horrible that almost no one has even figured out the right way to do some of these basic calculations properly, vast majority of the calculators out there dead wrong.
State of web3
The UniswapV2 behavior is already hard enough to reason about
These more sophisticated dexes, with their concentrated & one-sided liquidity — Nightmare.
Most basic charts of what happens over a range of prices or scenarios — Doesn’t exist.
Calculators to calculate answers to many of the very basic questions you might want to know about these dexes — Doesn’t exist (in many cases the answers have no closed-form solution, so not a matter of just knowing some simple formula solution.)
Anyway, yeah, $DJT was obviously pulling some tricks, exploiting errors in many of today’s trading calculators
— Because again, state of web3 is so horrible that almost no one has even figured out the right way to do some of these basic calculations properly, vast majority of the calculators out there dead wrong.
State of web3
$DJT on dexscreener vs dextools
~$69k vs $55.2M
Where’s the phantom extra $55M+ liquidity that dextools is reporting?
No one knows.
Everything in web3 horribly broken.
And these are just the most blatant parts you can see.
State of web3
~$69k vs $55.2M
Where’s the phantom extra $55M+ liquidity that dextools is reporting?
No one knows.
Everything in web3 horribly broken.
And these are just the most blatant parts you can see.
State of web3
DoomPosting
EXACTLY as predicted. Big DJT holders finding it profitable to pump the polymarket odds, even if they’re a near-guaranteed loss, because pumping the odds pumped their $DJT
$DJT polymarket odds now collapsed,
Now that the frauds who were pumping it in order to pump $DJT during their exit are done and no longer care about pumping it
Now that the frauds who were pumping it in order to pump $DJT during their exit are done and no longer care about pumping it