Wintermute OTC: 2023 in review
9 JAN 2024 | VIEWS | 8 MIN READ
Despite the overall slower markets, the past year of 2023 at Wintermute OTC desk was marked with significant growth as well as continuous building of new features and product offerings. Wintermute is excited to share snapshots of the volume we saw over the past year, see some of the highlights below:
- Weekly OTC trade volume hit an all time high of over $2Bn
- Increase the number of counterparties by 98% YoY
- 4x increase in total OTC trading volume from H1 to H2 2023
- 206 unique assets and 495 pairs traded in H2 2023
- Growing share of volume from alt-coins (40% in H2 2023)
Access the full report with further color on emerging themes in crypto OTC below
Disclaimer: The article above and attached report does not constitute a financial promotion or an invitation to engage in investment activity. This contains general information and is not a recommendation to act. The information contained within this document is being directed at sophisticated professional investors and is not intended for retail customer use. All references to and discussions of derivative products are made solely by or on behalf of Wintermute Asia Pte Ltd (“Wintermute Asia”).
Information contained herein was obtained from sources believed to be reliable, but is not guaranteed. Any opinions or estimates expressed herein reflect a judgment made by Wintermute as of the date of publication, and are subject to change without notice. Neither this material nor any copy thereof may be taken, reproduced or redistributed, directly or indirectly, without prior written permission of Wintermute.