the argument here, is that because solana charges money (priority fees) to quote, solana will have better spreads this makes absolutely no sense
toly 🇺🇸
toly 🇺🇸10.8. klo 04.32
The huuuge innovation in crypto over TradFi is that the economic value of txs not included is below the floor inclusion priority fee. Spreads in DEXs will be as good or better than CEXs, even without single sequencer tricks.
@aeyakovenko for low-latency data, CEXs charge per link, per-trader, per-strategy, per-developer/quant data is the main barrier to entry to low-latency trading and where CEXs make most of their money
what hidden costs are you talking about market makers costs are 100% public and retail is guaranteed by best-execution rules to get at least the NBBO price and if you don't trade on robinhood you'll even get price improvement you absolutely cannot trade competitively on solana with just priority fee, you need RPC, colocation next leaders, geyser access
moon shiesty
moon shiesty11.8. klo 04.14
ive seen a bunch of comments that NASDAQs fees are hidden this simply isn't true. all national market system exchanges fee require SEC approval and go through a public comment period
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