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.
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PoetryOnChain
· 8h ago
Here we go again. Is this exchange really rushing to set up the user interface? They dare to go live without API permissions. How are you supposed to trade?
I'm not planning to touch WHITEWHALE anymore. If even one listing is this disappointing, the risks ahead are obvious.
If market makers can't even get in, then what do you call liquidity? Isn't this just exploiting retail investors?😒
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SnapshotDayLaborer
· 19h ago
This exchange is causing trouble again, not even opening market maker API before launching? Are you out of your mind?
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It's the same old trick, rushing to launch and then blaming the market? Wake up, everyone.
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Alright, the liquidity is poor, slippage is huge, user experience is extremely bad, makes sense.
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What does WHITEWHALE's situation indicate? It just shows that some platforms simply don't care about infrastructure; as long as the money is there, they go ahead.
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Market makers don't even have permission to access but still dare to boast, how confident are they?
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This is outrageous, problems within a few hours? It was obvious from the start.
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It's always like this, reviews are useless, truly incredible.
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GateUser-3824aa38
· 01-07 08:57
Here we go again? Can't even manage basic liquidity and still dare to go live, this exchange is really capable
The contract is launched without market maker support, treating users as guinea pigs
No API integration provided, who the hell dares to trade, slippage will definitely be outrageously high
WHITEWHALE's listing this time was truly reckless, if the platform keeps doing this, it will eventually crash
Lack of liquidity is a trap, I already said to investigate thoroughly before listing
There's a problem with this exchange's listing mechanism, how can it be so rushed
User experience explosion is inevitable, what can we talk about without liquidity
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Blockblind
· 01-07 08:55
Same old trick, daring to launch without liquidity? This exchange really doesn't take users seriously.
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MaticHoleFiller
· 01-07 08:53
Is this the same old story again? Exchanges rush to go live, users place orders, same old trick.
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No liquidity, yet they dare to list perpetuals? Aren't they digging their own graves?
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Market makers haven't even integrated API before listing, outrageous.
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What does the WHITEWHALE incident tell us? Some exchanges just don't take users seriously.
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User experience collapsed within a few hours, how rushed were they...
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Such poor preparation before going live, no wonder the market has opinions.
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It's the old problem of insufficient liquidity again. When will they learn?
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Honestly, this situation should have been rectified a long time ago.
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.