DefiLlama Integrates Forgd Market-Maker Leaderboard
Crypto analytics platform DefiLlama has integrated Forgd's market-maker leaderboard to provide users with data on spreads, market depth, trading volume, and uptime.
The leaderboard ranks crypto market makers using standardized measures of pricing, depth, reliability, and execution quality.
The data comes from over 500 token projects and 35 market-making firms that use Forgd's tools to monitor liquidity across active engagements.
According to DefiLlama's head of research, Ryan Celaj, the integration adds another signal for evaluating execution quality and market resilience alongside metrics such as volume and liquidity.