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Token launches fail fast when liquidity is fake — and most teams do not know how to measure “good liquidity” until it is too late. Scott Byron, Managing Director at Forgd, breaks down how market making actually works, why RFQ processes mislead founders, and what Liquidity Transparency looks like when market makers are judged on real historical performance. Learn the signals that show liquidity is fragile, how fragmentation and post-launch incentives punish weak launches, and what founders should track 60 days pre-launch to avoid negotiating traps. 🔗 https://www.forgd.com/ 🐦 https://x.com/Forgd_
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