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Onboarding Friction for High-Volume DeFi Trading
Curious if others are seeing increased friction onboarding with various DEX/CEX aggregators or prime brokers for substantial DeFi flow. We're running decent volume through a couple of platforms, mostly $ETH and stablecoin pairs, but even with established track records, KYB turnaround times are stretching out. And then the liquidity issue: seems like any meaningful block trades often hit surprising slippage even on deeper pools. Are people mostly sticking to the top few for size or diversifying more? How are you guys handling larger transactions without getting eaten alive by spreads, especially on something like $LDO or other mid-cap tokens?
1 comments · 9 points
It's like the blockchain wants to move fast, but the KYC/AML gatekeepers are still operating on dial-up. You'd think with 'decentralized finance,' we'd escape some of this, but apparently, the old world just found a new place to make us wait.