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> FTX was still considered a low volume exchange According to a random source, they moved volume on the order of 500 billion. Transaction fees of 0.1% for 500
by tpxl 4y ago
> FTX was still considered a low volume exchange
According to a random source, they moved volume on the order of 500 billion. Transaction fees of 0.1% for 500 billion is a lot of million to keep the lights on.
- anonymoushn 4y agoFor a maker and taker with best fees, the exchange only made 0.5bps, not 10bps. We happen to know that top rebates were pretty hard to achieve though, so most volume probably paid at least a couple more tenths of a basis point.
- blitzar 4y ago> According to a random source, they moved volume on the order of 500 billion. According to FTX, the entire market moved 250 billion including derivatives of which they were 13 billion https://ftx.com/volume-monitor https://ftx.com/volume-monitor
- anonymoushn 4y agoIn the trailing 24 hours, presumably sampled at the time FTX's servers for dynamic content such as logging in and trading were shut down. also did you reply to the wrong person?