Why your DEX analytics toolkit is probably lying to you (and how to fix it)
Whoa! I was staring at my screen last night, tracking liquidity across a DEX pool and noticing odd microshifts that shouldn’t have been there. The order book looked thin, and spreads widened in ways that didn’t match on-chain swap timestamps. Initially I thought it was a one-off arbitrage spill from a whale move, but then…