Intriguing point of view. One more thing to consider and pay attention to, from now on...
Just some extra info, fresh from the coinmarketcap oven, ordered by Volume in the last 24 hours.
Binance still has better liquidity score.
I am sure there are several auto-trading bots on Hive that move massive amount of Hive backwards and forwards from one dex to another, trying to take advantage of the price fluctuations among them.
I think the reason for that is that on Upbit they do not have fractions of KRW in the order book. This would result in higher slippage
Right. It also seems to have the interesting effect of creating and keeping the highest price among them?