SB
Scott Byron is Managing Director at Forgd, a firm that measures and evaluates real liquidity for token launches. He works on improving transparency in market making data and helping founders understand liquidity quality before and after launch.
1Interview
2026First on the show
May 2026Latest appearance
40 minOn camera
40:05
Latest interview · May 5, 2026Scott Byron explains how Forgd measures real liquidity for token launchesWatch the episode →
In their own words
“Our platform has 30 plus market makers integrated that can submit proposals as well as provide Forge with historical data in order for us to track their performance.”
Key points from the latest interview
- Most token launches fail due to fake liquidity and founders' inability to measure good liquidity until after launch, making early planning critical.
- Market makers historically provide only anecdotal performance data, creating information asymmetry that Forgd addresses through aggregated historical performance tracking.
- Two primary market making engagement structures exist: loan plus call option (token-only, cheaper) and retainer plus working capital (requires stablecoins, more expensive).
- Founders must understand how market makers and exchanges intend to profit to avoid predatory service provider relationships that leak token value.
- Forgd's platform integrates 30+ market makers and enables apples-to-apples comparison based on KPI adherence and historical performance across hundreds of projects.