So why again does BFX allow people to tunnel through the FRR and take offers behind it? Where is the logic in this manipulative bullshit? We have over 1.6 M (now over 1.7 actually) in swap offers on FRR which represents the majority of available money on the book.
Instead of having an increase in FRR because of a high demand we have an FRR that is glued to 0.1x with random batches of 6 figure sums tunneling through to sky high rates at unpredictable times. This is bullshit.

Am I allowed to buy bitcoins at 800 to pump the price? No? Then why is this allowed?



Is this what a proper orderbook looks like?