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Crypto Market-Making Profit Margins Sink 30% in 'Wake-Up Call' Post-FTX

(Bloomberg) -- Market making in digital tokens used to be a font of outsized profitability. The picture today is very different as costs jump and investors avoid a crypto sector scarred by a $2 trillion rout.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaThe price c...
Bloomberg Businessweek Le Shi Yoann Turpin Meng Hwee Neo Wintermute Trading Ltd Binance Holdings Ltd
Source: yahoo.com

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Helix Institutional Launches to Bring Permissioned On-Chain Derivatives Trading

Helix, the premier decentralized orderbook exchange built on Injective, today announces the launch of Helix Institutional, enabling the trading of DeFi derivatives products in a permissioned, KYC-enabled environment.This initiative aims to usher in a new era of decentralized trading for prominent institutions, allowing them to access the benefits of a decentralized
Marc Tillement Mark Cuban Chris Choi Pyth Network Helix Institutional Frequent Batch Auction

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