# Сопутствующие статьи по теме Liquidity

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Liquidity", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

The 4 Truths Behind Polymarket's LP Market-Making Incentives and the Fee Trap

Polymarket, a prediction market platform, has recently shifted its incentive structure towards rewarding Liquidity Providers (LPs) to solve its core problem of low market depth. While most markets remain free, it now charges a taker fee on specific markets (all Crypto markets, NCAAB basketball, and Serie A football) to fund new LP reward programs. The fee is calculated on a symmetric curve, highest near 50% probability. The platform has introduced two main incentive systems: one rewards LPs whose limit orders are executed (Maker Incentives), and another rewards LPs simply for providing resting liquidity, even if orders aren't filled (Liquidity Incentives). A third system allows anyone to sponsor additional rewards for specific markets. A key argument is that the fees paid and rewards earned could be a strong anti-sybil metric for a potential POLY token airdrop, valuing genuine liquidity provision over mere trading volume. However, a counter viewpoint argues the LP program is a potential trap. Critics claim that the displayed ROI for LPs is misleading as it doesn't account for "LP wear and tear"—losses from filled orders that can't be easily exited. They state professional market makers avoid it due to insider trading risks and that the model of subsidizing liquidity with massive daily rewards is unsustainable. The concern is that widespread fee implementation could erase Polymarket's competitive edge over traditional betting platforms. Proposed solutions include a fixed fee on profits only, using a POLY token for native liquidity, and charging for premium products like parlays instead of core markets.

Odaily星球日报03/22 04:08

The 4 Truths Behind Polymarket's LP Market-Making Incentives and the Fee Trap

Odaily星球日报03/22 04:08

Inside Ethereum network’s efforts to become settlement layer for all AI activities

Etherean is solidifying its position as the dominant DeFi hub, evidenced by massive and growing stablecoin volumes, including a $7 billion monthly increase. A strategic shift is underway with USDC supply growing 10% to over $52 billion, partly driven by Circle's AI-focused Nanopayments that enable near-free transactions. This growth, combined with entities like BitMine making massive ETH stakes and strategic investments in AI-linked assets, positions Ethereum to potentially become the primary settlement layer for the emerging AI-driven economy.

ambcrypto03/22 04:01

Inside Ethereum network’s efforts to become settlement layer for all AI activities

ambcrypto03/22 04:01

Bitcoin Exchange Reserves Plummet To Lowest Level – Why This May Not Be Bullish

Bitcoin exchange reserves have hit a historic low of 2.72 million BTC, representing only 13.6% of the circulating supply. While this typically signals bullish sentiment as investors move assets to private wallets for long-term holding, a concerning withdrawal of approximately $600 million in stablecoin reserves over 48 hours suggests potential market liquidity issues. This pattern previously preceded significant market downturns. Despite Bitcoin's recent price struggles, including a drop to $60,000, whale wallets holding 100+ BTC have increased by 753 in three months, indicating continued accumulation by large investors. Bitcoin is currently trading around $70,600, with mixed short-term performance but a 5.95% gain over the past month.

bitcoinist03/21 18:32

Bitcoin Exchange Reserves Plummet To Lowest Level – Why This May Not Be Bullish

bitcoinist03/21 18:32

2008-style crisis ahead? – How crypto investors are reacting to ‘zero rate cuts’

With expectations of zero rate cuts and persistent inflation risks, crypto market dynamics are shifting toward capital preservation. While the total crypto market cap remains stable near $2.4 trillion, defensive positioning is evident as stablecoin supply hits a new all-time high of $316 billion. USDT outflows and declining exchange reserves indicate investors are moving liquidity into on-chain stablecoins, preparing to redeploy when risk appetite improves. Analysts warn that sustained high yields and borrowing costs could heighten systemic risks, echoing pre-crisis conditions. This cautious stance suggests stablecoins are becoming a key hedging tool amid deteriorating macro conditions.

ambcrypto03/21 11:07

2008-style crisis ahead? – How crypto investors are reacting to ‘zero rate cuts’

ambcrypto03/21 11:07

These Key Ethereum Metrics Point To A Potential Liquidity Trap – What To Know

Ethereum has turned bearish following the Fed meeting but remains above $2,100. Key on-chain metrics suggest a potential liquidity trap, as large holders (whales) are closing long positions and opening shorts, while retail traders aggressively open long positions. This divergence indicates weakening underlying strength despite surface-level price firmness. Analysts note that recent buying pressure was absorbed by sell-side liquidity, and significant long buildups point to key liquidation levels near $1,850. Ethereum recently filled a CME gap at $2,117, which now acts as a support level. A rebound occurs, the next target could be around $2,686, which would fill another CME gap.

bitcoinist03/21 07:01

These Key Ethereum Metrics Point To A Potential Liquidity Trap – What To Know

bitcoinist03/21 07:01

Altcoin market falls from $100B to $26.5B in volume – Can demand recover?

Altcoin trading volume has sharply declined from peaks above $100 billion to approximately $26.5 billion, indicating a significant contraction in market activity and reduced risk appetite. Binance currently processes nearly 40% of this volume, with other exchanges handling the remainder. The market has entered a capitulation phase, with nearly 40% of altcoins trading near all-time lows, reflecting broad-based deterioration rather than isolated declines. Capital is rotating towards Bitcoin as a safer asset, leading to thinner liquidity and accelerated price declines in altcoins. However, such extreme conditions suggest selling pressure may be nearing exhaustion. Market structure shows stress without full capitulation, with limited liquidations and controlled selling pressure. The Futures-to-Spot ratio on Binance has reached a 1.5-year high, indicating derivatives activity is outpacing spot demand—a sign of fragile market balance. If spot demand fails to recover, the market could face renewed volatility, though current conditions may eventually favor accumulation if liquidity returns to undervalued altcoins.

ambcrypto03/21 06:16

Altcoin market falls from $100B to $26.5B in volume – Can demand recover?

ambcrypto03/21 06:16

From FOMO to Apathy: Altcoin Volumes Reflect Deepening Market Fatigue

The altcoin market is experiencing sustained weakness and declining trading volumes, reflecting deep investor fatigue and a risk-off environment. Analysis by CryptoQuant highlights a significant drop in activity, with Binance's altcoin volumes falling to around $7.7 billion and other major exchanges totaling approximately $18.8 billion—a sharp contrast to the $40–$50 billion and $63–$91 billion seen during more active periods in late 2024 and early 2025. This contraction signals reduced participation from both retail and institutional traders. Capital continues to flow into Bitcoin rather than altcoins, exacerbating the downturn. Macroeconomic uncertainty and geopolitical tensions are further suppressing risk appetite. Historically, such low-volume environments have often preceded opportunity, but current conditions suggest a prolonged phase of apathy rather than imminent recovery.

bitcoinist03/21 05:01

From FOMO to Apathy: Altcoin Volumes Reflect Deepening Market Fatigue

bitcoinist03/21 05:01

Solana stalls despite $1.8B RWA growth – Where is SOL’s liquidity going?

Despite Solana (SOL) struggling to break the $100 psychological level, its ecosystem is experiencing significant liquidity movement, particularly in the real-world asset (RWA) sector. Solana's RWA total value locked (TVL) has surged nearly 64% this year, reaching a new all-time high of over $1.8 billion. Additionally, active DeFi TVL within Solana's RWA sector hit a record $465 million, indicating that capital is actively being used in lending, staking, and liquidity pools rather than sitting idle. This growth is further amplified by Ondo Finance's strategic expansion, adding over 50 tokenized assets—including stocks and ETFs like Galaxy Digital and BlackRock’s IBIT—bringing its total listings on Solana to more than 250. This move positions Solana as a major DeFi hub for tokenized assets, highlighting a disconnect between its stagnant price action and robust on-chain fundamentals. The data suggests that liquidity isn't exiting the market but is instead being redirected into RWA-related DeFi activities on Solana.

ambcrypto03/21 04:26

Solana stalls despite $1.8B RWA growth – Where is SOL’s liquidity going?

ambcrypto03/21 04:26

XRP treasury filing signals institutional push – Can demand sustain the shift?

Ripple's XRP treasury strategy is gaining institutional momentum as Evernorth Holdings moves toward a Nasdaq listing via a SPAC merger. The company plans to hold 473 million XRP, supported by SBI Holdings and Pantera Capital, and aims to generate yield through lending, DeFi, and validator activities—shifting from passive holding to active management. However, while the model draws inspiration from MicroStrategy’s Bitcoin treasury approach, XRP faces challenges in institutional adoption and capital flow compared to Bitcoin. Recent on-chain data shows significant whale outflows and large transfers, suggesting possible accumulation but also highlighting the need for sustained demand to support price stability and growth.

ambcrypto03/21 04:02

XRP treasury filing signals institutional push – Can demand sustain the shift?

ambcrypto03/21 04:02

Gold Plunges for a Week, '1983 Great Sell-Off' Repeats, Middle East 'Selling Gold for Funds'?

Gold recorded its worst weekly decline in 43 years, echoing the historic 1983 sell-off. Spot gold fell for eight consecutive days, while silver dropped over 15%, with palladium and platinum also declining. The sell-off was triggered by escalating Middle East conflicts, which raised energy prices and reduced expectations for Fed rate cuts. Markets now price a 50% chance of a Fed hike by October. Higher inflation expectations and rising real interest rates diminished gold's appeal as a non-yielding asset. Additionally, tightening dollar liquidity, reflected in widening cross-currency basis swaps, intensified pressure on gold, often liquidated first during dollar shortages. Technical indicators worsened, with RSI falling below 30, triggering stop-losses and self-reinforcing selling. Gold ETFs saw outflows for three straight weeks, losing over 60 tons. The current situation parallels the 1983 crash when OPEC nations, facing falling oil revenue, sold gold reserves to raise cash, causing a rapid price collapse. Then, as now, Middle Eastern selling pressured gold, with impacts spreading across commodities. Despite a 4% year-to-date gain, stagflation risks are rising. Goldman Sachs estimates energy price increases could reduce global growth by 0.3% and raise inflation by 0.5-0.6%. Gold's future depends on real interest rates and geopolitical developments—continued conflict may sustain pressure, while de-escalation could revive safe-haven demand.

marsbit03/21 03:08

Gold Plunges for a Week, '1983 Great Sell-Off' Repeats, Middle East 'Selling Gold for Funds'?