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Franklyn Wang
@frank_liquid
Founder/CEO @liquidtrading and @coinvestai. Previously Two Sigma, D. E. Shaw, Citadel. Sharing thoughts on trading, AI, and the future of markets.
Joined October 2017
1.7K Following    11.3K Followers
Today was the biggest day in Liquid's history for volume, users, and trades placed. Thank you to our users, and to the Liquid team for grinding every day to build the best trading experience on mobile and web. My team and I built Liquid to be the ultimate trading venue for retail speculation. After two and a half years at Two Sigma, I got fed up watching retail traders get smoked by payment for order flow (PFOF), leveraged ETFs, and opaque market making in options. That's why Liquid exists today. Here's how far we've come since August: Daily active traders: ~300 → 1,300+ (4x) Daily trades: ~2,000 → 12,000 (6x) Daily volume: ~$4M → $60M+ (15x) Weekly volume: nearly $270M. The best part is watching people trade 24/7, on weekends, and react to the news the minute it breaks. Markets don't sleep, and our traders don't either. Co-Invest, our way to trade inside ChatGPT and Claude, has grown just as fast since launching on April 21st: - 40.5M tool calls - 4.3M sessions - 14,263 unique users - Monthly tool calls: 32K → 29.5M (922x) - Monthly active users: 1,300 → 5,000 (3.8x) We're just getting started. Thank you to everyone trading with us.
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