What Happens to Crypto if Market Makers Dissapear?
summary
Market makers claim they are the primary defense against catastrophic volatility, running automated books on dozens of CEXs and DEXs, supporting TGEs, OTC desks and prediction markets while bootstrapping liquidity for venues and tokens. Absence of active quoting causes order-book dislocation, wider spreads and slower execution, deterring institutional entry. Firms founded in 2013–2017 report working with thousands of clients, ~180 live market‑making mandates at a time, prefer two market makers per project, and often remain net long volatility.
AI-written summary · about
chapters (11)
- 0:00Market makers overview
- 2:26Crypto Twitter dislikes
- 6:35Token launch failures
- 8:49Market makers impact
- 10:13Market maker neutrality
- 13:22Market maker competition
- 15:06Prediction markets makers
- 17:33Market maker outlook 2024
- 19:17Web3 RWA challenges
- 20:22DEX market makers
- 22:47Liquidity fragmentation
related talks
30mThe Institutionalization of the Crypto Industry
15mThe Evolution of Onchain Derivatives
31mGoing Beyond Swaps: Orderbook DEX and Price Execution
21mMore Than Swaps: What DEXs Must Build to Flippen CEXs
29mDecentralised Exchanges: The Future Of Crypto Trading?
29mCentralized (CEX), Decentralized (DEX) and the future of exchanges
01h 18mMarketMake Kickoff
35mMEV: Next Frontier of the DeFi Stack