Crypto Market Making Firms Covering DEX Markets You Should Keep an Eye on
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Despite great advertising and highly functional services, most tokens and exchanges often struggle to gain initial traction and attract users. With a few buyers and sellers at first, the market will experience low activity, wide bid-ask spreads, and sudden price fluctuations. All these things enhance the asset's volatility, thus making it hard and costly for end users to participate in trading. That’s why a lot of recently listed token projects and new exchanges turn to designated market makers.
For token issuers, it is also important to decide where to make their assets available for trading before the token generation event (TGE) takes place. This decision includes considering whether to list the tokens on centralized exchanges (CEXs) or decentralized exchanges (DEXs). Listing on a DEX often happens sooner, but there is much less liquidity available to buy and sell on decentralized venues compared to their centralized counterparts.
No token can flourish in the absence of enough liquidity. Meanwhile, no crypto exchange can function without crypto liquidity providers. This also requires working together with a reliable market maker in order to keep spreads at low levels and boost trading interest among investors.
In this piece, we compiled a list of renowned crypto market making firms that supply liquidity to decentralized exchanges. We selected our top 5 favorites based on certain numerical and qualitative criteria developed to provide you with all necessary data for making informed decisions.
Let’s have a closer look at the market makers from the table above to find out more about their expertise in the DeFi
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