Following recent developments involving binance, we conducted an investigation into the exchange's connections with market maker (MM) DWFLabs.

Our findings suggest that DWF Labs likely serves as the MM for three Binance Launchpool tokens: NFP, XAI (in collaboration with GSR_io), and PORTAL.

Regrettably, these three tokens have experienced significant losses since their launch:

NFP: -64%

XAI: -15.6%

PORTAL: -71.4%

🤔 Are these losses merely a stroke of bad luck, or could there be other factors at play?

(BTW, stay tuned for our forthcoming data report on MMs for more insights!)