Forgd's Market Maker leaderboard launches on Tokenomist, assigning letter grades to the firms behind token liquidity. Staff August 12, 2026 3 minutes read The index scores market makers from AAA to CCC, and publishes the evidence behind each grade NEW YORK, Aug. 12, 2026 /PRNewswire/ - Forgd, a Web3 investment bank and advisory platform, today announced that its Market Maker Performance Index is live on Tokenomist, a crypto intelligence platform that tracks and visualizes digital asset supply dynamics. Forgd's index, now live on Tokenomist, scores market makers from AAA to CCC. The index is a public leaderboard tracking the performance of leading crypto market makers, built from more than 500 tracked engagements. Each market maker is assigned a letter grade, from AAA through CCC, which is built from a weighted composite score measuring trading results, operational consistency, and how much of a firm's record can be independently verified. How a grade is determined: * Trading KPIs - execution across tracked engagements: depth, volume, spread performance, and adherence to contracted obligations * Trust - Forgd's confidence in what it has observed, weighted by engagement count and any flagged trading abnormalities * Coverage & Capabilities - CEX and DEX connectivity, ecosystem reach, and services beyond standard liquidity provision * Uptime and Reliability - whether a firm holds its required depth, spreads, and availability, or only shows up when conditions are easy * Integration Level - how much verified performance data a firm shares with Forgd "Grading based on a rolling window ensures that a market making firm has to maintain their reputation, not just establish it once and coast, said Shane Molidor, Founder and CEO of Forgd. Our goal is to turn market maker selection into a data-driven and transparent process." Beneath the headline letter grade The dashboard expands into four dedicated views: Depth, Volume, Spread, and KPI Adherence, which rank firms independently on a rolling 30-day basis. The rolling 30-day window keeps the dashboard current, reflecting how firms are quoting now rather than how they were regarded a cycle ago. "Liquidity has been the missing half of the picture. Tokenomist tracks what is coming into supply; Forgd's index shows who is standing ready to absorb it, said Tanawat Chiewhawan, Founder and CEO of Tokenomist. "Putting both on one surface is the most useful thing we've shipped for token operators and investors at the same time, both sides reading from the same page." About Forgd Forgd is a Web3 investment bank and advisory platform equipping blockchain projects with tools for tokenomics design, market-maker engagement, liquidity monitoring, and exchange listing support. With options for bespoke advisory services and free self-service products, Forgd helps token projects design, launch, and manage healthier markets. New projects can join for free at Forgd.com. About Tokenomist Tokenomist is a tokenomics intelligence platform providing source-verified data on token unlocks, vesting schedules, and allocation across 500+ digital assets. With API and MCP server access for programmatic and AI-agent use, Tokenomist gives investors, funds, and exchanges a standardised view of tokenomics data, turning an opaque risk into a known one. Start free at tokenomist.ai. SOURCE Forgd 1 total views, 1 views today

Forgd brings its crypto market-maker leaderboard to DefiLlama. Forgd's ratings draw on data from more than 500 token projects and 35 market-making firms, but do not solely reflect trading performance. Crypto analytics platform DefiLlama has integrated Forgd's market-maker leaderboard, giving users access to data on spreads, market depth, trading volume and uptime. In an announcement sent to Cointelegraph, Forgd said that the dashboard ranks crypto market makers using standardized measures of pricing, depth, reliability and execution quality. The data comes from more than 500 token projects and 35 market-making firms that use Forgd's tools to monitor liquidity across active engagements, according to the company. The integration allows DefiLlama users to compare market makers across exchanges and assess the liquidity supporting individual tokens. Forgd first launched the leaderboard in May as a tool for token projects selecting and monitoring liquidity providers.