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Forgd Launches Market Maker Performance Index on Tokenomist

In a significant advancement for the cryptocurrency industry, Forgd, a prominent Web3 investment bank and advisory platform, has launched its Market Maker Performance Index on Tokenomist. This initiative aims to enhance transparency and provide valuable insights into the firms that facilitate token liquidity.

The Market Maker Performance Index is not just another metric—it serves as a public leaderboard that evaluates leading crypto market makers based on several performance criteria. Each market maker is assigned a letter grade, ranging from AAA to CCC, based on a composite score that reflects their trading results, operational consistency, and the verification of their historical records.

How the Grading Works

The grading process is built upon multiple key performance indicators (KPIs) that ensure a thorough and fair evaluation. Key aspects include:

• - Trading KPIs: This involves the assessment of execution across various parameters, such as the depth of trades, trading volume, the performance of spreads, and adherence to contracted obligations.
• - Trust: Forgd weighs its confidence in a firm's trading activities, which considers the number of engagements and any identified trading irregularities.
• - Coverage Capabilities: This evaluates the firm's connectivity to both centralized (CEX) and decentralized (DEX) exchanges, as well as the range of services they offer beyond mere liquidity provision.
• - Uptime and Reliability: This measures whether a firm consistently maintains the required trading depth and spreads or only performs well under favorable conditions.
• - Integration Level: The extent to which a firm shares verified performance data with Forgd is also a contributing factor to its grade.

According to Shane Molidor, Founder and CEO of Forgd, this grading approach is designed to keep market makers accountable. He emphasized that “grading based on a rolling window ensures that a market-making firm has to maintain their reputation, not just establish it once and coast.” This methodology encourages active engagement and continuous improvement within the industry.

Beyond the Grades

In addition to the headline grades, the dashboard on Tokenomist provides detailed views into four critical aspects: Depth, Volume, Spread, and KPI Adherence. These components rank market makers independently on a rolling 30-day basis, thus allowing market participants to always access up-to-date information about which firms are currently performing well.

This rolling window system ensures the relevance of data, allowing users to see how firms are quoting today rather than relying on outdated evaluations. Tanawat Chiewhawan, Founder and CEO of Tokenomist, reinforcing the importance of this integration, stated, “Liquidity has been the missing half of the picture. Tokenomist tracks what is coming into supply; Forgd's index shows who is standing ready to absorb it.”

About Forgd

Forgd is at the forefront of the Web3 landscape, providing blockchain projects with essential tools for designing tokenomics, engaging market makers, monitoring liquidity, and facilitating exchange listings. Their services range from bespoke advisory options to free self-service products, allowing new projects to commence their journey into the crypto market at no initial cost. Interested projects can access these services at Forgd.com.

About Tokenomist

Tokenomist has established itself as a premier platform for tokenomics intelligence, offering verified data regarding token unlocks, vesting schedules, and asset allocations. Their API and MCP server access provides investors and exchanges with a standardized perspective of tokenomics, transforming opaque risks into manageable quantities. Users can get started with the platform for free at tokenomist.ai.

In conclusion, Forgd's Market Maker Performance Index represents a meaningful step toward greater transparency within the cryptocurrency sector, equipping investors with the information they need to navigate the complex landscape of digital assets with confidence.