DefiLlama Integrates Forgd's Market-Maker Leaderboard

Crypto analytics platform DefiLlama has partnered with Forgd to integrate its market-maker leaderboard, giving users access to data on spreads, market depth, trading volume and uptime.

The dashboard ranks crypto market makers using standardized measures of pricing, depth, reliability and execution quality, covering over 500 token projects and 35 market-making firms that use Forgd's tools.

Ryan Celaj, DefiLlama’s head of research, said the integration adds another signal for evaluating execution quality and market resilience alongside metrics such as volume and liquidity.