2025-12-29 18:28:46

One observation about stablecoin trading pairs: mainstream exchanges are not very enthusiastic about listing assets like stETH and eETH, and the communities of Lido and EtherFi are also relatively conservative. Looking back, USDT-USDC used to be one of the most active trading pairs on-chain, but since a major exchange adjusted the trading fee for this pair to zero, I’ve noticed a significant decrease in my frequency of large stablecoin exchanges on-chain.

If exchanges decide to list stETH and eETH in the future, I have a suggestion—don’t cut corners on precision issues. Traders of these assets are often institutions and large holders, and their requirements for depth and order precision are actually quite high. Careful price tier settings can make market liquidity more sufficient and improve the trading experience for high-net-worth users. This small optimization could be the key difference in attracting big clients.

STETH0,43%

USDC0,01%

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ThatsNotARugPull

· 15h ago

Exchanges are really lazy, they don't even want to do the precision properly. Institutional accounts will leave as soon as they see this.

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AirdropHunterWang

· 15h ago

Ha, the precision is spot on. Institutional big players are indeed extremely sensitive to these details. If exchanges really want to handle stETH and eETH, they shouldn't think about taking shortcuts; they need to refine the order tiers meticulously.

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WalletDetective

· 15h ago

Exchanges are really asking for trouble. Cutting fees to zero actually results in no one using them anymore—that logic is brilliant. If stETH is truly going live, the precision must be handled properly; otherwise, big players won't even consider it.

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hodl_therapist

· 15h ago

Charging zero fees actually discourages usage, how ironic... Did the exchange's brain get waterlogged? The point about precision is correct; big traders are indeed sensitive to this, but will the exchange listen? With stETH's order book depth so shallow, still trying to attract institutions? That's hilarious.

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OnlyUpOnly

· 15h ago

The exchange's recent moves are really lazy, not even bothering to improve accuracy, and still trying to attract big investors? That's laughable, institutions are not interested.

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MEVHunter

· 15h ago

Precision has indeed been overlooked, but I think a deeper issue is liquidity fragmentation — zero-fee trading not only kills trading pair activity but also the arbitrage opportunities from price spreads.

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