ECHOPRIME / MARKET MAKING/Canton ecosystem · CBTC / USDCx
CANTON NETWORK / MARKET MAKING

Market making.Made measurable.

Market-making expertise for the Canton ecosystem. Explore our recorded trading activity and liquidity coverage.

Recorded settled volume01
—

A measure of executed trading activity.
Daily market share02
—

Our participation in the same market and day.
Two-sided depth · ±10 bps03
—

Historical liquidity observed near the market price.

Recorded settled activity, not an all-time total. Daily windows use Taipei time (UTC+8).

EXECUTION TAPE

Recent executions

Recorded executions with original trade times. The rolling display is historical, not live trading.

RECORDED ACTIVITY
Today · recorded settled value—USDCx · Settled only
Today · recorded settled trades—Settled only
Most recent recorded execution—Original trade time · includes pending settlements

Historical replay

    01 / TRADING ACTIVITY

    Executed, day by day.

    Daily windows · Taipei (UTC+8)

    Recorded cumulative volume

    Cumulative settled value within our recorded coverage

    Taipei daily

    Daily trading volume

    02 / MARKET CONTRIBUTION

    Participation. Executable liquidity.

    Daily measures, never accumulated.

    Share of the market

    EchoPrime settled notional ÷ same-day market settled notional

    %

    Our two-sided depth

    Daily time-weighted mean · ±10 bps from market mid

    USDCx
    DAILY PERFORMANCE

    Daily records

    View recorded volume, market share and coverage by day.

    03 / MEASUREMENT STANDARDS

    Useful numbers.
    Clear boundaries.

    A consistent basis for understanding our trading activity and liquidity.

    OUR MEASUREMENT APPROACH
    01What counts as executed volume?
    We count each settled trade once, measured in USDCx. Cumulative figures cover available recorded activity from the stated start date, with gaps, and are not all-time totals.
    02Why must share use the same day?
    EchoPrime settled volume divided by market settled volume for the same CBTC/USDCx Taipei day. We publish a share only when both coverages are verified and each trade is counted once.
    03How do we measure available depth?
    Historical daily time-weighted depth of our own resting orders within ±10 bps of the same-time market midpoint, shown by bid and ask. Days require at least 95% observed coverage; observations expire after 60 seconds. Venue acceptance is not independently verified, so these are not current executable quotes.
    04What happens when observations are missing?
    Missing observations remain blank, not zero. Incomplete days are marked and lines break at gaps. Recorded zero depth means no own orders were observed in a qualifying window; it does not establish whether the strategy was running.
    BUILT AROUND YOUR MARKET

    Better liquidity starts
    with a clear conversation.

    Tell us about your market, liquidity needs and reporting goals. Let’s explore a focused collaboration.

    Discuss market making ↗Opens the company website in a new tab.
    01A defined market
    02Measurable liquidity
    03Transparent reporting