Here you can see the same propAMM vs Univ3 5 bps. For small trades the propAMM is tighter, but then widens out for bigger trades
This behaviour makes sense while the systems are new and makers are feeling it out. Quoting wide for big trades is a good way to minimise exposure to toxic flow
integrate now and ride the wave of tightening spreads on ethereum (link below)
United airlines wifi was good enough to send an army of agents to reverse engineer some propAMMs
Due to the constant streaming, you can see price curves move in real-time, not just every 12s.
Gonna plan with this viz so its ready to paint the picture of a $1B daily vol battle