🚀 Wintermute, a leading liquidity provider, saw continued growth across all business areas in 2023, despite the market decline.
📈 According to a new report, Wintermute's OTC (Over-the-counter) trading volume increased by more than 400% in 2023. Meanwhile, Wintermute's weekly OTC trading volume reached $2 billion in the same year. that period.
🌐 Layer 1 assets such as Ethereum, Solana, Avalanche, Cardano and Polkadot continue to lead in trading volume in H2 2023. Among them, Ethereum accounts for 68% of the market share.
🔗 Layer 2 platforms such as Polygon, Arbitrum and Optimism also recorded steady growth, with an increase of 160% from H2 2022 to H2 2023.
💪 DeFi remains strong with a sevenfold growth in trading volume from H2 2022 to H2 2023. Yield Farming, Oracle, Lending and DEX assets continue to lead the DeFi segment.
🔒 Last year, Wintermute was hacked and lost $160 million. However, the platform has denied allegations that the attacker could be an insider.