Welcome to the world of DeFi and Web 3! 😎💰🚀

Record liquidity is measured by a market depth of 1%, meaning orders are easily executed and prices are stable. However, bid-ask spreads remain high, indicating that the tokens are still considered relatively risky.

Trading prominent meme coins such as DOGE, SHIB, PEPE, WIF, BONK, GROK, BABYDOGE, FLOKI, MEME, HarryPotterObamaSonic10Inu and HarryPotterObamaSonic is now easier, with liquidity reaching record levels, according to data tracked by Paris-based Kaiko.

Increased liquidity often narrows the gap between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. However, according to Kaiko, meme coins are not responding to this situation and bid-ask spreads remain above 2 basis points on most centralized exchanges.

However, “This shows that although more market makers are turning to providing liquidity to these tokens, they are still considered risky due to high volatility,” Kaiko says.

So what do you think? We are waiting your comments! 🗨️😉#DeFi#Web3 #cryptocurrency