Even before our public launch, we’ve been transparent about our volume and liquidity. A while ago, we took the time to explain our volume and liquidity, and the difference between the two. Since then, many things have changed from our soft launch to these past few weeks.
As a reminder, the large majority of the current liquidity on GO.Exchange is provided by market makers. Using market makers is very costly. Since we have decided to focus on being compliant with different jurisdictions, everyone’s efforts in the team is focused on compliance. For this reason, we have decided to pause market making for the time being. This change will be effective by the end of the month. We are continuing to build a technical and compliant infrastructure that can be leveraged through various areas of the business. We hope this communication will clarify any misunderstandings.