Wintermute Enters Prediction Market, Provides Two-Sided Liquidity to Narrow Spreads

According to Cointelegraph, Wintermute today entered the prediction market sector, providing two-sided market liquidity for leading platforms' prediction contracts. Jake Ostrovskis, head of Wintermute's over-the-counter trading, noted that while prediction markets exhibit demand characteristics of major asset classes, liquidity remains in early stages and requires sustained two-sided flows to tighten spreads, support larger trade sizes, and improve market implied probability reliability. Wintermute currently processes $3.5 trillion in annual trading volume and manages spot, derivatives, DeFi, and over-the-counter crypto markets.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments