July 2024 Update
Following on from our previous feature-packed update, today's release aims to utilize the gains derived from our brand new, back-end infrastructure. Over 75 new pairs, core fundamental upgrades to your Heatmap analysis, alongside various improvements and bug-fixes, let's explore the changes in full below.
# 75+ new pairs, now LIVE 🚀
As discussed in our previous blog post, one of the primary goals of our new network upgrade was to exponentially increase data concurrency and capacity. The result of these enhancements with regards to throughput, collection, and processing, are demonstrated in this latest update. Bringing some long awaited markets, over 75 new pairs, across 6 exchanges, are available now on TradingLite.
Although opting for a tentative approach to today's first release post our infrastructure upgrade, we will be substantially increasing the frequency in which new markets are supported. Provided we do not experience any major issues, this frequency will also be extended to support new, additional exchanges.
Without any further delay, here is the full breakdown of all new pairs available today on TradingLite:
# Binance Spot
BOMEUSDT, BONKUSDT, ENAUSDT, FETUSDT, FLOKIUSDT, JUPUSDT, NOTUSDT, PENDLEUSDT, PYTHUSDT, WIFUSDT
# Binance Futures (USDⓈ-M)
1000FLOKIUSDT, BOMEUSDT, BONKUSDT, ENAUSDT, ICPUSDT, JUPUSDT, KASUSDT, NOTUSDT, ONDOUSDT, PENDLEUSDT, PYTHUSDT, WIFUSDT
# Bybit Futures
1000BONKUSDT, 1000PEPEUSDT, JUPUSDT, NOTUSDT, PYTHUSDT, RNDRUSDT, SEIUSDT, WIFUSDT
# Coinbase Spot
BONK-USD, FET-USD, GRT-USD, JASMY-USD, MINA-USD, NEAR-USD, ONDO-USD, SEI-USD, SHIB-USD, SUI-USDT
# Kraken Spot
APT/USD, ARB/USD, FIL/USD, ICP/USD, NEAR/USD, RNDR/USD, SHIB/USD, WIF/USD
# Kraken Futures
PF_ARBUSD ,PF_BNBUSD ,PF_FILUSD ,PF_ICPUSD ,PF_LTCUSD ,PF_NEARUSD ,PF_RNDRUSD ,PF_WIFUSD
# KuCoin Spot
ARB-USDT, BCH-USDT, ICP-USDT, RNDR-USDT, WIF-USDT
# KuCoin Futures
APTUSDTM, ARBUSDTM, DOGEUSDTM, ICPUSDTM, LINKUSDTM, RNDRUSDTM, WIFUSDTM
# OKX Spot
ADA-USDT, AVAX-USDT, DOGE-USDT, DOT-USDT, ICP-USDT, LINK-USDT, MATIC-USDT, NEAR-USDT, PYTH-USDT
🔥 Want to have your say on which markets or exchanges should be supported next?
Head over to the Markets area on the feedback portal to submit your votes and suggestions.
# New Heatmap Filtering & Intensity 🚀
# Background
TradingLite's heatmap has always provided you with full, unadulterated, historical and real-time liquidity data. This ensures that when you apply filtering or scaling, the accuracy of your analysis, is in no way compromised. Whilst more inexperienced users may choose to define precise minimum or peaks values (rarely changing), TL veterans know to fully leverage such data by adapting these inputs to reflect the frequent changes in market conditions.
This is reason these heatmap inputs were designed as sliders and embedded within the main UI; to provide instant visual feedback when adjusting filtering and intensity. Ultimately you alone should always retain control over how such liquidity data should be filtered, scaled, and consequently rendered.
# PEPE - Feels bad man
Each pair on TradingLite has a pre-defined 'Peak' value used for it's heatmap render. This value aims to provide an 'ideal' range for each slider to use. Although pre-defined, you still retain full control to manually override and set your own 'Peak' input.
For PEPEUSDT on Binance Spot, the combination of its low price coupled with increasing liquidity, meant that its predefined 'Peak' value was too low. This resulted in a heatmap render that was difficult to use effectively. Despite manually increasing the 'Peak' value to the maximum allowed by the UI (18b), this still unfortunately was not high enough.
# Customizable Solution
Rather than manually increasing both the pre-defined 'peak' value, and the maximum value allowed by the UI, we decided to take a more considered approach, that would ensure we maintain our commitment to providing you total control over configuration.
For the most-part, the pre-defined values work as intended. PEPEUSDT is one of a very small minority of pairs that have required intervention. Whilst we have updated these pair's respective default peak values within this update, we felt that users shouldn't have to wait for an adjustment our end to take place.
Therefore we decided to create new inputs that will allow you to override both the slider's scaling (if necessary), in addition to any pre-defined values. This new approach can ensure you will always retain the ability to react to underlying shifts within the market, negating any need to wait for any intervention.
From today, the Heatmap's previous inputs have been changed, plus two new additional inputs have been included.
The underlying slider and heatmap principles remain the same.
The notable change are the new Min and Max inputs.
These inputs determine the range in which the Low and Peak sliders can be adjusted.
Low
Lowest value of heatmap color range/intensity
Determines the threshold for the lowest cumulative value of orders, to be visible within the heatmap. Lowest color intensity.
Peak
Min
Max
# Improved Output
These new Min and Max provide a far greater degree of flexibility when conducting liquidity analysis. The ability to clamp the Low and Peak defined range, will ensure that you can adjust inputs without restriction, particularly so in markets with similar characteristics as PEPE.
Want to learn more about the TradingLite Heatmap? Head over to the Learn pages to view the newly updated Heatmap Basics and Heatmap Advanced articles.
# Improvements & Bug Fixes
Given the focus of this update was our new Heatmap inputs, quality of life improvements were primarily centred around it. Equally, there were a few minor related bugs that were squashed in today's update. For a breakdown of these improvements and big fixes, see the Changelog in-app.
# What's cooking? 👨🍳
We're thrilled to announce the upcoming launch of our beta version, which will be rolled out in two phases: a private beta followed by a public beta.
What's in it for you?
Faster Iteration: The beta allows us to iterate and release updates more rapidly.
Stable Live Version: Your current experience won't be impacted as you'll be able to switch between live and beta versions.
User Input: Your feedback will be pivotal in shaping the future of the app.
Experimental Tools/Changes: Get a sneak peek at new goodies that may or may not make it to the production version.
Stay tuned for more details on how to participate. Your input is invaluable to us, and we can't wait to hear from you!
