Market questions the WHITEWHALE perpetual contract listing process of a certain exchange

Recently, the listing of WHITEWHALE perpetual contracts on a major exchange has attracted community attention. It has been pointed out that there are the following issues with the listing:

Rushed listing, without providing external market makers with API access permissions, resulting in the market being unable to form genuine liquidity. Under such conditions, users are essentially facing a poor trading environment. Reports indicate that within a few hours after the listing, user experience was significantly affected.

This phenomenon once again exposes potential vulnerabilities in some platforms during the project review and preparation stages. A robust liquidity infrastructure and thorough market readiness should be essential prerequisites before an exchange launches new contract products.