Bybit, on its 5th anniversary, has achieved several significant milestones, including crossing the 20 million user mark, launching its web3 vision, and gaining institutional preference for the BTC and ETH categories. Despite the growing number of cryptocurrency exchanges, there is still a shortage of experienced liquidity providers. In the post-FTX era, market leaders like Wintermute play an even more important role.
Wintermute recently made a strategic move to Singapore, cementing its position as a liquidity giant. Wintermute Asia also completed its first CME options block trade, demonstrating its commitment to innovation and growth.
While the FTX crash continues to reverberate through the cryptocurrency industry, it serves as a landmark for established players to differentiate themselves and navigate a promising but volatile market. Liquidity providers are the driving force behind the energy of the cryptocurrency market, but their operations have often been shrouded in secrecy due to the unavailability of information outside the exchange.
Today we have the opportunity to get a first-hand view from Ben Zhou, Co-Founder and CEO of Bybit, Eugene Cheung, Head of Institutions at Bybit, and Yoann Turpin, Co-Founder of Wintermute, as they review the past year and discuss their growth strategies for the future.
Main knowledge:
Ben Zhou believes that professional options trading will flourish.
Already officially based in Singapore, Yoann Turpin brings his expertise as a former TradFi options trader and speaks optimistically about the future of crypto options trading.
Eugene Cheung reveals that Bybit has launched a pilot program in over-the-counter (OTC) trading.