Forgd has brought its crypto market-maker leaderboard to DefiLlama. The ratings are based on data from more than 500 token projects and 35 market-making firms, and are not limited to trading performance alone.
Forgd has brought its crypto market-maker leaderboard to DefiLlama. The ratings are based on data from more than 500 token projects and 35 market-making firms, and are not limited to trading performance alone.
Forgd has brought its crypto market-maker leaderboard to DefiLlama, giving the crypto data platform a ratings resource focused on market-making firms. According to the source material, the leaderboard draws on data from more than 500 token projects and 35 market makers.
Forgd has brought its crypto market-maker leaderboard to DefiLlama, giving the crypto data platform a ratings resource focused on market-making firms. According to the source material, the leaderboard draws on data from more than 500 token projects and 35 market makers.
The development matters because market makers play a key role in how tokens trade, yet comparing providers can be difficult for projects and market participants. A public leaderboard can make that part of the market easier to evaluate, especially when the methodology looks beyond trading performance alone.
Forgd’s ratings are not presented as a simple ranking of trading results. The source states that the scores do not solely reflect trading performance, indicating that the assessment includes broader inputs from the token projects and firms covered by the dataset.
For DefiLlama users, the addition expands the platform’s role as a reference point for crypto market information. For token projects, it adds another visible source of market-maker comparisons at a time when liquidity, execution quality, and provider selection remain important operational questions.
The leaderboard should be read as a data-driven market resource rather than investment advice. As with any ranking system, users should consider what the ratings measure and where the underlying data comes from before relying on it for decisions.
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