It's a nascent market, wide bid/offer spreads relative to other products, no to little regulatory overheads (for now!) and for the most part build on modern tec

It's a nascent market, wide bid/offer spreads relative to other products, no to little regulatory overheads (for now!) and for the most part build on modern technology stack ... So yea this is not surprising, what is though is that none of the traditional exchanges or venues have yet to make a serious play. Once they do this gravy train will end.