Reya has launched spot trading and started a partnership with Engien, which has significantly improved speed. They are also continuously working on increasing liquidity depth. The overall direction is towards making trading and arbitrage easier for institutions and bots; the strategy and products are sound. The main concern is the TGE timeframe. Polymarket currently gives a roughly 40% probability of a $300 million FDV, but it's been around 25% previously. Hopefully, it can hold.
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Reya
@reya_xyz
02-03
Spot on Reya is a milestone on the path to a trading venue architected to be 100× faster than today’s onchain leaders.
The downstream benefits for traders compound across execution, liquidity, and strategy design. x.com/reya_xyz/statu…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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