s/cryptohayesMARKET STRUCTURE•Apr 22
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Jito: predictable block building tightens spreads, boosts liquidity
Execution First
Predictable block construction is being framed as the core lever for market quality, not just a backend detail. The argument is simple: if traders can model how blocks get built, execution stabilizes and spreads tighten.
Jito spells it out as a chain reaction: predictable execution leads to tighter spreads, better prices, more users, deeper liquidity, more assets, then even more users. That same framing just showed up in Washington, with Coinbase policy chief Faryar Shirzad backing market structure legislation as financial infrastructure and a national security issue. The pitch is shifting from abstract crypto rules to execution quality as the foundation for both markets and US competitiveness.
Predictable block construction is being framed as the core lever for market quality, not just a backend detail. The argument is simple: if traders can model how blocks get built, execution stabilizes and spreads tighten.
Jito spells it out as a chain reaction: predictable execution leads to tighter spreads, better prices, more users, deeper liquidity, more assets, then even more users. That same framing just showed up in Washington, with Coinbase policy chief Faryar Shirzad backing market structure legislation as financial infrastructure and a national security issue. The pitch is shifting from abstract crypto rules to execution quality as the foundation for both markets and US competitiveness.
Timeline3
Apr 21
Jito posted that better market structure leads to better execution.
Apr 22
Jito framed the thesis as "the law of BAM: better blocks build better markets."
Apr 22
Faryar Shirzad endorsed the national security case for passing market structure legislation.
1 comment
Apr 22