Disturbing Truth About Crypto Market Makers Exposed
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In a thread on X this morning, Synthetix founder Kain Warwick offered a stark look into the inner workings of crypto market makers (MMs) and their evolution over the years. Warwick recounted his personal experiences, both favorable and unfavorable, with various MMs in the space and highlighted how some have resorted to dubious practices—particularly during and after the ICO boom.
Crypto Market Makers Exploiting Projects And Traders
Warwick began by recalling the initial market conditions during the 2017 Initial Coin Offering (ICO) era, stating that it was then “practically impossible to…
