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Real Time XRP on Demand Liquidity Tracker

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8 hours ago, Julian_Williams said:

Good find.  This has the potential to be a nice graphic that will be good to watch grow? It is all USD- MXN with a slither of USD-PHP

 

Screenshot_2019-11-07 RealTime XRP On Demand Liquidity Tracker(1).png

Curious what is causing the differnce when compared to...

 

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a) Liquidity Index measured in XRP Volume

b) Liquidity Index takes 4 weeks into account

 

I would encourage everyone to really understand what they see & read instead of "its going up so must be good"

Edited by karstnDE

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The ODL tracker is looking for XRPL activity between any two verified ODL exchanges that ultimately results in a sale of XRP to the local currency within a few seconds of the XRP transfer.  Not a bad way to start hunting for ODL activity.

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7 minutes ago, cmbartley said:

How are these indices calculated?

The  information is filtered out from available data streams.  The algorithms used have been discussed elsewhere and yes they are not measuring liquidity directly.  Some analysts have measure accumulated figures which come out with similar growth patterns, and there are a number of other indicators invented by other analysts that show very similar patterns.

Ripple themselves have announced rapid growth of ODL during this time frame.

 

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Thank you for sharing this here. I participate to the construction of this website. @mouradski (Twitter) is the dev. We spent a lot of time understanding and observing how ODL works at the exchange level. We have found models, purchase of XRP with Fiat on exchange partner, then transfer via XRPL and finally sale of XRP for local FIAT on another exchange partner (exact amount but often in several trade). About 60 seconds for the whole process. The algo dev by  @mouradski tracks these models.

We have recently added Market BTC for AUD to PHP and AUD to MXN and everything has been activated since yesterday! Just before the swell. We are working to add the exchanges as our research or official announcement by Ripple are coming. 

@badrain344 ( twitter ) help to design the website .

Here's for actual  listening exchange  : Bitstamp, Bittrex, Bitso and Coins.ph ( the 4 official ) and BTC Market ( AUD/XRP), SBIVC ( JPY/XRP ), Mercado Bitcoin  ( XRP/BRL ) for the unofficial but very suspected exchange. 

Feel free to ask any question! PS: Sorry for my language but we are French ...

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