DefiLlama Integrates Forgd's Market-Maker Leaderboard for Liquidity Insights
Crypto analytics platform DefiLlama has integrated Forgd's market-maker leaderboard into its dashboard, giving users access to 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, based on data from over 500 token projects and 35 market-making firms that use Forgd's tools to monitor liquidity across active engagements.
Forged CEO Shane Molidor explained that the ratings do not solely reflect observed trading performance, but rather can also indicate that a firm has not yet opted into performance verification.
The integration allows DefiLlama users to compare market makers across exchanges and assess the liquidity supporting individual tokens.