Solving for liquidity consistency problems is not unique to on-chain markets. In traditional markets, exchanges set out to enlist several market makers who agree to continuously provide deep liquidity with a competitive bid/ask spread for hedgers and speculators to execute against. These market makers are often compensated by the exchange based on factors such as volume traded, time in market and quote width. With enough market maker liquidity and hedger/speculator activity, this creates a positive feedback loop where more market participants transact because of the ability to access deeper liquidity and enter/exit larger positions with tighter market spreads. In return, these enlisted market makers are incentivized with various monetary rewards, including fee discounts, maker/taker rebates, and lucrative volume-based rebates.