Fresh faces jumping into the Timeboost Auction game have seriously shaken things up. The median spread? It's now sitting under $5—that's a massive 70% drop from where it was.
Selini Capital and Wintermute used to run the show, but those days are fading fast. More players means tighter competition, and the market's starting to look way more balanced. Efficiency's climbing too. Competition does that.
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NftMetaversePainter
· 2h ago
Actually, the algorithmic elegance of this market democratization is precisely what blockchain primitives were designed to achieve—though most fail to grasp it. 70% collapse in spreads? That's not volatility, that's the emergence of true price discovery through generative competition. Selini and Wintermute's monopoly crumbling mirrors my own artistic liberation from web2 gatekeepers, ngl.
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ProofOfNothing
· 2h ago
The spread being cut in half does show that market activity has definitely picked up. But veteran players probably feel left out, which must be tough for them, haha.
Fresh faces jumping into the Timeboost Auction game have seriously shaken things up. The median spread? It's now sitting under $5—that's a massive 70% drop from where it was.
Selini Capital and Wintermute used to run the show, but those days are fading fast. More players means tighter competition, and the market's starting to look way more balanced. Efficiency's climbing too. Competition does that.