Across capital efficiency in action. Earlier this month, we announced @synthetix_io token bridging support.
30 Nov 2023, 13:00
Across capital efficiency in action 🦾
Earlier this month, we announced @synthetix_io token bridging support. With less than 10% of the $SNX liquidity available on competitor bridges, we expected our volume share to match liquidity levels.
The results were surprising ✨
Same news in other sources
130 Nov 2023, 13:00
Since launch, Across has dominated $SNX volumes.
84% of the time, Across is actually capturing near 100% volume market share for this token despite the smaller liquidity pool. This is due to design optimization, particularly in capital efficiency on larger volume days!
Since launch, Across has dominated $SNX volumes.
Since launch, Across has dominated $SNX volumes.
84% of the time, Across is actually capturing near 100% volume market share for this token despite the smaller liquidity pool. This is due to design optimization, particularly in capital efficiency on larger volume days!