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Arrakis on X: "Who is actually trading on Trade.xyz?" / X

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To view keyboard shortcuts, press question mark View keyboard shortcuts Home Explore Notifications Chat Grok Premium Bookmarks Creator Studio Articles Profile More Post bloc @monkbloc Article See new posts Conversation Arrakis @ArrakisFinance Who is actually trading on Trade.xyz? 42 114 394 308K This article is published for informational and educational purposes only and does not constitute investment advice. Arrakis has made reasonable efforts to verify the accuracy of the data presented but does not warrant that all information is accurate, complete, or current. Thank you to @0xArchiveIO, @HyperTracker (by @Coinmarketman), and @stacy_muur for their contributions to this research. Abstract When we wrote our first article on ‘Who’s trading on HIP-3’, the attribution was statistical. We classified each wallet based on their trading behaviour over past 3 months: addresses with maker-dominated were classified market makers, addresses with high-frequency taker activity were classified arb

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