Forgd

Over the past six months, Forgd has made key progress in market maker (MM) transparency. In May, it launched a head-to-head comparison tool based on historical trading data from 500+ token projects and 35 market makers, linking RFQ workflows to historical performance (). In the same month, it formed a strategic partnership with G-20 Group to publish its market-making track record via anonymized, aggregated data (). In August, the Market Maker Leaderboard went live on DefiLlama, providing standardized rankings on pricing, depth, reliability, and execution quality (); soon after, the Performance Index launched on Tokenomist, assigning AAA-CCC letter grades and using a rolling 30-day window to assess trading KPIs, trust, coverage, and more ().

Official future focus: embed MM performance data into mainstream analytics platforms, advance market-structure transparency, make market-maker selection data-driven; use rolling windows to require MMs to sustain reputation; expand data coverage for a more representative dataset (; ). The roadmap centers on linking quotes to execution via standardized historical performance, enabling end-to-end transparency through RFQ and monitoring tools.