Wintermute Enters Prediction Market, Provides Two-Way Quotes This Year

According to ChainCatcher, quantitative market maker Wintermute has entered the prediction market space, providing two-way quotes on multiple leading event contract platforms this year. The platforms have collectively accumulated over $200 billion in monthly trading volume this year, indicating rapid growth but early-stage liquidity conditions. Wintermute's annual trading volume exceeds $3.5 trillion. Jake Ostrovskis, the company's OTC trading lead, stated that prediction markets have demand structures similar to traditional asset classes but lack sufficient liquidity, requiring continuous two-way pricing to improve price discovery efficiency.
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