Collection Selection: Liquidity & Reward Signal Framework

Building a solid framework for collection picking matters more than gut calls. Here's what moves the needle:

Liquidity signals come first. Watch for repeat fills—when orders execute consistently at the same levels, that's your first clue. Bid depth that restocks itself is the real tell; it means buyers keep showing up. Don't chase collections chasing hype alone.

Then layer in XP mechanics. Where does reward accumulation actually stick? Collections that balance solid liquidity with meaningful incentive structures tend to outperform one-dimensional plays. The combination matters—liquidity without incentives feels hollow, and incentives without liquidity create ghost towns.

Start by scanning bid velocity and refill patterns across collections. That data tells you where real activity clusters, not just where the noise is loudest.