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How does historical performance data change the RFQ bidding process?

Historically, market maker selection in crypto has been driven more by perceived reputation than by verifiable performance. Forgd changes this dynamic by linking RFQ bids to each firm's historical track record. When market makers submit proposals through Forgd's RFQ, projects can evaluate commercial terms alongside verified performance data — creating a direct connection between what a firm promises and what it has actually delivered. This benefits both sides: Projects can distinguish between aggressive pricing that is not sustainable over time and proposals backed by a history of healthy liquidity delivery, while market makers with strong execution records can differentiate on substance rather than competing purely on price.

how does historical performance data change the rfq bidding process

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