Orderly Ecosystem Partner: Wintermute Helps Orderly Network's Top-Level Liquidity

Orderly, as one of the largest perpetual contract liquidity providers in DeFi, provides the best liquidity in the form of order books, thanks to the strong pillars behind us - top liquidity providers, one of which is Wintermute.

Wintermute is an industry-leading global liquidity provider and a leading global algorithmic trading company in the digital asset field, providing liquidity on all major trading platforms and OTC channels, and is extremely competitive in the market.

In short, like Orderly, Wintermute provides the required liquidity services for any cryptocurrency trading platform in CeFi and DeFi, using the most advanced algorithmic trading system at a large scale.

Wintermute has accumulated more than $4.8 trillion in trading volume, providing liquidity for more than 60 exchanges and trading platforms, and creating liquid and efficient markets for more than 320 assets including Binance, Bybit, Coinbase, Uniswap, Orderly Network, etc.

Orderly is a leader in top-level liquidity for perpetual contracts in DeFi, and Wintermute plays a vital role.

Many traders focus on fees but ignore liquidity and best quotes, which can significantly affect their trading costs. Due to insufficient trading volume and liquidity of a certain asset, traders need to execute orders at worse prices, usually with wider spreads on larger trades.

As a professional liquidity provider, Wintermute provides strong liquidity support to Orderly's infrastructure, allowing Orderly's traders to execute trades with minimal slippage and tighter spreads.

Orderly Network: There is more than 1.584 Bitcoin funding at price levels above $61,500. This high liquidity means that trades can be executed with almost no slippage.

Other DEXs: At the same price level, there is only 0.49 Bitcoin in funding. Lower liquidity may increase slippage, resulting in a worse transaction price.

Wintermute's efficient liquidity market covers more than 50 assets, helping relevant partners attract many traders and helping Orderly's total trading volume climb to more than $60 billion.

In addition, the quote data provided by Orderly Network in its order book is accurate to decimal points, and the quotes are more accurate than other DEXs. Compared with other mainstream DEXs, traders who cross the middle price only need to pay 0.1 BTC instead of 1 BTC.

Wintermute also shared insights on trading liquidity: Why is the top-level liquidity of the order book so important, and why do traders often ignore it?

The person in charge of Wintermute said, "In any market, liquidity at the top of the order book is crucial because it largely determines whether the transaction is executed efficiently without significant slippage. Deep liquidity in the order book ensures that large orders can be matched quickly and executed at a stable price, which is crucial for both spreads and trading experience.

However, many traders tend to ignore this aspect because they pay more attention to overall trading volume or recent trading prices. They may not realize that insufficient liquidity can lead to higher transaction costs. When traders execute large orders in shallower pools of funds, they may encounter greater slippage, which can negatively affect their trading results. This is particularly tricky in the perpetual contract market because leverage can amplify the impact of slippage."

Wintermute Said, "The main role of liquidity providers is to provide initial liquidity to support the development of transactions and market activities. This liquidity ensures sufficient trading volume and smooth trading of assets, thereby attracting traders and investors and enabling them to execute transactions at the best price. It is worth noting that liquidity providers promote price discovery rather than increase price volatility. By providing liquidity, they help new projects gain a foothold in the market and win the trust of the trading community, thereby driving more organic liquidity.

"Wintermute's long-term goal is to work closely with projects, operate on more than 60 CeFi and DeFi platforms, integrate with top aggregators, etc."

What conditions must a crypto project meet to gain the support of a reputable liquidity provider? Regarding the criteria for Wintermute to screen projects, its head said, "To get the support of liquidity providers like Wintermute, a project must demonstrate solid fundamentals, including a clear vision and an experienced team. We look for projects with innovative technologies, application capabilities and market potential. Transparency is also very important, and we value open communication and long-term cooperation and alignment of interests."

欢迎加入律动 BlockBeats 官方社群：

Telegram 订阅群： https://t.me/theblockbeats

Telegram 交流群： https://t.me/BlockBeats_App

Twitter 官方账号： https://twitter.com/BlockBeatsAsia