Since jumped into crypto space in 2018, ZMQ worked as
designated market maker (DMM) for 50+ Exchanges and 200+
issued coins/tokens. Our HFT MM strategies and trading bots power $1~3bn in daily volume for more than 1000 trading pairs,
including spot and derivatives.
Market making is a financial activity where market makers, typically financial institutions or individuals, buy and sell securities in a particular market to provide liquidity and ensure that there is always a buyer or seller available for that security at any given time.
The global economy faced numerous challenges due to macroeconomic and geopolitical factors. We saw the Fed takes action to control inflation, Europe embroiled in conflict, supply chains disrupted, the long-term effects of the COVID-19 pandemic and the corresponding policies in China.
Some recent studies conclude that there are some issues in the NFT market, including low liquidity, high price volatility, and long potential holding times, which bring inventory risks and high potential search costs to NFT market participants (Kim et al., 2022).
The previous study shows various NFT liquidity solutions with strengths and restrictions. However, the NFT liquidity issue remains and the corresponding market making is fairly risky. In order to solve the problems, we can review the aforementioned solutions and explore a comprehensive solution to further increase NFT liquidity.
Driven by interest rate increases from U.S. Federal Reserve aimed a controlling rampant inflation as well as some other global challenges, the crypto market declines continuously since the beginning of 2022.
2018 is a memorable year in the crypto history. After an unprecedented boom in 2017, a lot of entrepreneurs recognized the great potential of crypto, there were a ton of new startups that were leveraging blockchain technology, and then came 80% bitcoin crashing down in 2018.