Wintermute

Crypto market maker

wintermute.com

Medium

Overview

Significant Events

On-chain Holdings

𝕏 Statistics

Comparison:

Wintermute

Details

Wintermute is a crypto market maker focused on high-frequency algorithmic trading and market making services. It provides liquidity algorithmically across most cryptocurrency exchanges and trading platforms, as well as supports high profile blockchain projects and traditional financial institutions moving into crypto.

Tags: CeFi Quantitative Trading Market Makers

Founded: 2017

Location: United Kingdom, Singapore

Team

Evgeny Gaevoy

Founder and CEO

Yoann Turpin

Co-Founder

Marina Gurevich

COO

Valentine Samko

CTO

Igor Igamberdiev

Head of Research

Ron Hammond

Head of Policy and Advocacy

Jonathan Chan

Global Head of BD

Katryna Hanush Rosoman

Director of Business Development and Partnerships

Jonas Kristensen

VC and M&A director

Fundraising

Lightspeed Venture

Lead

Blockchain.com

Lead

Pantera Capital

Hack VC

Alliance DAO

Kenetic Capital

FBG Capital

Ryze Labs

RockawayX

Avon Ventures

Ivailo Jordanov

Round	Amount	Valuation	Date	Investors
Series B	$ 20 M	--	Jan 19, 2021	Lightspeed Venture*, Pantera Capital, Ryze Labs, Kenetic Capital, Hack VC, Alliance DAO, Blockchain.com, RockawayX, Avon Ventures
Series A	$ 2.8 M	--	Jul 06, 2020	Lightspeed Venture*
Seed	--	--	Feb 09, 2020	Blockchain.com*, FBG Capital

Investments

Tag

Ecosystem

Token Issuance

Region

Operating Status

Euler Finance

Decentralized lending-borrowing protocol

Ethena

ETH based delta-neutral stablecoin

Lens Protocol

The Social Layer of Web3

Centrifuge

The on-chain ecosystem for structured credit

Optimism

Ethereum L2 solution using optimistic rollup technology

Open Custody Protocol

Modular custody solution

Acquired

Pyth Network

Oracle Solution

SynFutures

Decentralized derivatives exchange

Ondo Finance

Institutional-Grade Finance

Bitpanda

Cryptocurrency exchange

dYdX

Decentralized Exchange

Analog

Decentralized layer-0 platform

Hex Trust

Institutional digital asset custodian

Usual

RWA stablecoin protocol

Noble

Generic asset issuance chain

Zerion

NFT & DeFi portfolio tracker

Bluefin

Decentralized perpetual contract protocol

Router Protocol

Cross-chain messaging protocol

M0

Money middleware for the digital age

Monad

High-performance layer 1 blockchain

Zeta Markets

DeFi derivatives built on Solana

Taiko

Decentralized, Ethereum-equivalent ZK-Rollup

Backpack

Cryptocurrency exchange and multi-chain wallet

Flare Network

Layer-one blockchain

WOO Network

Deep liquidity network

Vertex Protocol

Decentralized derivatives protocol

Archway

Cosmos ecological blockchain

Hashflow

Decentralized Trading Platform

Push Protocol

Web3 communication platform

Primex Finance

Spot margin trading protocol

Index Coop

Decentralized asset management protocol

1inch

Decentralized Exchange Aggregator

Clearpool

Decentralized capital markets protocol

SubQuery

Universal data indexing framework for web3

UMA

Optimistic-based oracle

GTE

Decentralized trading platform

Hidden Road

Global credit network for institutional investors

Acquired

Codex

Blockchain stablecoin company

DoubleZero

A new Internet optimized for distributed system

Dfns

Wallets-as-a-Service (WaaS) platform

Hyperbolic Labs

The Open-Access AI Cloud

Karpatkey

DAO financial services solution

Infinex

Crypto app designed for humans

Chaos Labs

Automated economic security system for crypto protocols

One Trading

Digital asset exchange

Stork

Web3 oracle provider

Crossover Markets

Digital asset trading technology firm

DexGuru

DeFi trading terminal

Reya Network

Trading-optimized modular L2

Polymer

Ethereum Interoperability Hub

Kiln

Enterprise-grade staking technology provider

Pontem Network

Aptos Product Studio

DFlow

Decentralized order flow marketplace

Credora

Infrastructure for institutional credit

Thetanuts Finance

Multi-chain structured products protocol

Econia

Hyperparallel on-chain orderbook platform

Mangrove

Order book-based DEX

Notifi

Web3 Communication Infrastructure

KAP Games

Web3 gaming distribution portal

Nomad

Cross-chain interoperability protoco

Common

Cross-functional governance and community management platform

bloXroute

A weapon for front-running DeFi traders

Struct Finance

On-chain structured products

Humanode

Crypto-biometric network

BCB Group

Crypto payments service provider

PsyFi

Decentralized options trading platform

Angle Protocol

Novel stablecoin framework

Velora

DeFi aggregator

Agora

Dollar stablecoin issuer

3Jane

Credit-based money market

TreeHouse Finance

The Decentralized Fixed Income Layer

Blum

Fun crypto trading app

DAWN

Decentralized wireless network

Notabene

Crypto Travel Rule compliance solution

Synnax

AI Credit Intelligence

Raven

High-frequency algorithmic trading firm and market maker

Ithaca Protocol

Composable Option Protocol

Texture

DeFi yield platform

Thalex

Crypto trading platform

SIZE

On-chain trading market

MYSO Finance

Zero-liquidation loans protocol

Lemma Finance

The basis trading protocol

Ruby.Exchange

Decentralized automated market maker

Nostra

The Liquidity Layer of Starknet

Tesseract

Digital asset lending solutions to institutions

Astaria

NFT lending platform

Acquired

Tempus

Decentralized money market

HAL

Digital asset management tool

Acquired

Tonic

Orderbook-based exchange platform

TokenStream

Decentralized Asset Management Solution

Eden Network

Multi-chain infrastructure provider

Name	Round	Amount	Valuation	Date
3Jane	--	$ 5.2 M	--	Jun 03
Euler FinanceEUL	--	--	--	Apr 17
Codex	Seed	$ 15.8 M	--	Apr 03
DoubleZero	--	$ 28 M	$ 400 M	Mar 04
BlumBLUM	--	$ 5 M	--	Feb 11
GTE	--	$ 10 M	--	Jan 15
Dfns	Series A	$ 16 M	--	Jan 13
UsualUSUAL	Series A	$ 10 M	--	Dec 22, 2024
Lens Protocol	--	$ 31 M	--	Dec 17, 2024
Hyperbolic Labs	Series A	$ 12 M	--	Dec 09, 2024
Noble	Series A	$ 15 M	--	Nov 18, 2024
Notabene	Series B	$ 14.5 M	--	Nov 11, 2024
Karpatkey	--	$ 7 M	--	Oct 21, 2024
Synnax	Strategic	--	--	Oct 02, 2024
Infinex	--	$ 65.3 M	--	Sep 24, 2024
Stork	Seed	$ 4 M	--	Aug 21, 2024
Chaos Labs	Series A	$ 55 M	--	Aug 14, 2024
DAWN	--	$ 18 M	--	Aug 06, 2024
Crossover Markets	Series A	$ 12 M	--	Jun 25, 2024
Router ProtocolROUTE	Strategic	--	--	Jun 18, 2024