New Listings

[tcmadt]

Drift makes money based on the volatility and liquidity of tokens. Given that the most liquid tokens are present, there should be a prioritization of tokens with high volatility.

[0xsumatt]

Hi, fully agree with this idea and subsequently voted for rlb primarily because it seems to be the most controversial out of the bunch and therefore likely to survive the longest. Hopefully more people vote as drift needs more listings, ideally listing somewhat hyped coins such as sei etc on the same day as cex listings going forward would be the play but aware sometimes oracles are a tad slow to add support

[0xdeneth]

I'm not sure about $bitcoin and $unibot as they are not listed on pyth and have immense volatility when markets move. I'd like to see more popular tokens and relatively stronger liquidity pairs like rlb (based on your discussion)

[tcmadt]

Fair enough. The biggest risk to the IF is huge volatility swings. Isn’t there a way to cap OI in a particular token to limit potential losses?

…

On Mon, Sep 11, 2023 at 12:33 PM 0xdeneth ***@***.***> wrote: I'm not sure about $bitcoin and $unibot as they are not listed on pyth and have immense volatility when markets move. I'd like to see more popular tokens and relatively stronger liquidity pairs like rlb (based on your discussion) — Reply to this email directly, view it on GitHub <#608 (comment)>, or unsubscribe <https://github.com/notifications/unsubscribe-auth/BCNPMAI5QH5O6KLXKTTAVHDXZ44O7ANCNFSM6AAAAAA4PGGREE> . You are receiving this because you authored the thread.Message ID: ***@***.***>

[0xbigz]

yes there are optional token deposit / OI caps per market (specified in base amount)

additionally, each perp market can have a maximum external insurance fund (though the lower this number, the less revenue from liquidations the insurance fund can earn, so calibrating the risk properly is rewarded)