Spread Leaderboard
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See how Market Makers rank based on Spread KPIs such as the avg. top-of-book spread as well as their adherence to contractual obligations.
Top Performance Index
GSR
9.30
Top Avg. 2% Depth
Top ADV: Maker & Taker
Flowdesk
$1,418,715
Top Uptime
Market Makers Spread Rank
# | Market Maker | Bid-Ask Spread | Uptime % | |
|---|---|---|---|---|
1 | GSR | 0.01% | 100.00% | |
2 | Gravity Team | 0.08% | 100.00% | |
3 | Tophash Digital | 0.10% | 87.11% | |
4 | Ampersan | 0.15% | 85.71% | |
5 | G-20 Group | 0.18% | 82.11% | |
6 | Flowdesk | 0.29% | 97.70% | |
7 | JPEG Trading | 0.65% | 100.00% | |
8 | Keyrock | 0.21% | 83.62% | |
9 | Selini Capital | 1.64% | 95.99% | |
10 | Auros Global | 0.21% | 90.34% | |
11 | Amber Group | 0.26% | 52.80% | |
12 | Cicada | 0.93% | 30.43% | |
13 | LO:TECH | 4.76% | 25.00% | |
14 | CyantArb | -- | -- | |
15 | Presto Labs | 1.78% | -- | |
16 | Prycto | 12.84% | -- | |
17 | Alber Blanc | -- | -- | |
18 | Algoz | -- | -- | |
19 | AlphaTheta | -- | -- | |
20 | Arrakis Finance | -- | -- | |
21 | Astrum Liquidity | -- | -- | |
22 | Bitmaker | -- | -- | |
23 | Bluesky Capital | -- | -- | |
24 | Caladan | -- | -- | |
25 | CKS Systems | -- | -- | |
26 | CoinAlpha | -- | -- | |
27 | Dark Forest | -- | -- | |
28 | DWF Labs | -- | -- | |
29 | EasyMM | -- | -- | |
30 | Efficient Frontier | -- | -- | |
31 | Elk Crypto | -- | -- | |
32 | Enflux | -- | -- | |
33 | Galaxy | -- | -- | |
34 | JST Digital | -- | -- | |
35 | Kaiko Labs | -- | -- | |
36 | Kairon Labs | -- | -- | |
37 | Koda Finance | -- | -- | |
38 | Kronos Research | -- | -- | |
39 | Manifold Trading | -- | -- | |
40 | Oracles | -- | -- | |
41 | Peanut.Trade | -- | -- | |
42 | Pulsar | -- | -- | |
43 | Reform DAO | -- | -- | |
44 | STS Digital | -- | -- | |
45 | XBTO | -- | -- |
Rows per page
1 – 45
of 45
Definitions
Metric | Definition |
|---|---|
Bid-Ask Spread | The gap between the best buy and best sell price (as a % of the mid price), volume-weighted so busier venues count more. Lower means tighter, cheaper to trade and better execution for holders. |
Uptime % | The share of time the market maker kept its spread within the agreed target during the period. High uptime means consistently tight pricing, not just occasionally. |




