@turpija Sadly it has everything to do with triangular arbitrage (google it if you are not aware), it's simple maths, but it's recking the crypto space!

The only solution would be to have every crypto trade against a stable coin only, and remove as much liquidity out of cross-pairs as possible (BTC/ETH for example).

@JamesHuckle "The only solution would be to have every crypto trade against a stable coin only, and remove as much liquidity out of cross-pairs as possible (BTC/ETH for example)."

but i'm looking at 24h volume, and combined volume of USDT, USDC and BUSD is pretty much the same as combined 24h volume for top 10 non stable coins ....
so maybe it doesn't make sense to me ...
i'll have to look into triangular arbitrage