@jemima534
Token liquidity across DEXs and CEXs reflects market health and accessibility. Active decentralized trading demonstrates community participation, while centralized liquidity may introduce concentration risks. Evaluating volume, order book depth, and trading patterns informs liquidity quality. Balanced multi-platform liquidity reduces volatility, improves price discovery, and ensures efficient trading. Maintaining diverse liquidity channels builds confidence, encourages adoption, and supports long-term market stability.