Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide Glossary term
Trenches
The most speculative, fast-moving parts of the market, where traders buy and sell newly launched, thinly traded, or highly volatile tokens in search of outsized returns despite a…
Definition
Understand the fundamentals, context, and nuances behind this term.
The most speculative, fast-moving parts of the market, where traders buy and sell newly launched, thinly traded, or highly volatile tokens in search of outsized returns despite a high risk of loss.

















