Cicada has been ranked Tier A on the new public Market Maker leaderboard launched by Forgd in partnership with DeFiLlama.
The leaderboard brings greater transparency to the market-making industry by comparing providers in a public format and giving projects a clearer view of the companies operating in the space.
Cicada is currently ranked Tier A among 48 listed market makers, reflecting the company’s position in the industry and its continued focus on liquidity, execution quality, and transparent market-making infrastructure.
For Cicada, the ranking is an important milestone, but not the final target. The next goal is AAA.
Explore the leaderboard here
