Escândalo de Transparência: Apenas 1 de 150 Protocolos Cripto Revela Acordos com Market Makers

Um novo estudo da Novora Research revelou uma grave lacuna de transparência no setor de ativos digitais: apenas o protocolo Meteora divulga publicamente seus termos de market-making entre 150 projetos analisados. Embora 91% desses protocolos cripto gerem receita ativa, a falta de clareza sobre acordos de liquidez levanta alertas críticos sobre a governança e a integridade do mercado financeiro descentralizado.
Essa opacidade nos protocolos DeFi e ecossistemas blockchain dificulta a análise de riscos para investidores institucionais e varejo. A pesquisa destaca que a transparência cripto é urgente, especialmente quando a vasta maioria dos projetos opera com market makers sem expor as condições contratuais que influenciam diretamente a volatilidade e a liquidez dos tokens no mercado global.
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