List of Market Maker projects in Web3 (2026)

CEX.IO Prime delivers aggregated liquidity through smart order routing across multiple regulated exchanges via web and API access, targeting institutional and enterprise clients.

Blockchain.com Institutional is a suite of business-facing crypto services accessed through a dedicated institutional account. It provides over-the-counter trading for large orders, digital asset custody, staking, market making for token liquidity, and token launch and distribution support for projects seeking exposure to the platform's user base. Institutional and corporate clients use the suite to trade, safeguard, and generate yield on digital assets through a single relationship rather than separate consumer products.

BoomFi Trading Orchestration is a trading service providing principal execution or smart order routing for cryptocurrency conversion across centralized exchanges, decentralized exchanges, and liquidity providers. It offers one API that either executes trades against BoomFi as principal at institutional spreads or routes orders across a client's own connected venues by price and speed. Settlement occurs through regulated entities and Tier 1 banking rails spanning multiple fiat currencies.

Bullish AMM is the automated market maker built into the Bullish Exchange order book, converting customer AMM Instructions into thousands of bids and offers within set price ranges. Liquidity providers earn AMM payments from trading fees, spreads and dynamic price adjustments when trades match against their orders. Instructions are customizable per market and available only to eligible institutional and corporate professional investors in select locations.

Bullish Token Services is a listing and liquidity offering for token issuers that pairs a listing on the Bullish Exchange with market making from Bullish's automated market maker. Bullish buys the token to fund the AMM and charges a monthly fee tied to exchange volume instead of using token loans. Issuers also get distribution to institutional traders and promotion through the CoinDesk ecosystem.

Bullish Exchange is a regulated digital asset exchange for institutional clients, offering spot markets alongside options, perpetuals and dated futures. All markets share one global order book with unified portfolio margin, and liquidity combines a central limit order book with Bullish's automated market maker. Spot trading carries zero maker fees, and derivatives are offered through the Gibraltar-regulated venue to eligible clients in more than 20 jurisdictions. Customer assets are held one to one and segregated from company funds.

Foxbit Infra is a financial services platform that lets banks, fintechs, brokers and super-apps embed crypto trading, custody and payments in their own products through a modular API or a white-label version. Partners pick only the modules they need, such as crypto, stablecoin and tokenized-asset trading with delegated KYC, or a BRL order book routed across more than 110 venues. Payment modules cover BRL on- and off-ramps through Pix, cross-border transfers via stablecoins and crypto acceptance settled in reais. Custody modules provide corporate treasury, per-client wallets and co-signed self-custody wallets, and another module supplies the stack for launching prediction markets. Partners run these features under Foxbit's regulatory framework instead of building their own.

XBO.com is a centralized cryptocurrency exchange offering spot trading, leveraged futures, and contracts for difference on cryptocurrencies and tokenized US equities. Users buy, sell, and swap digital assets against fiat or other cryptocurrencies through the platform's order book and conversion tools. Corporate clients access deep liquidity pools, an over-the-counter desk for large block trades, and algorithmic market-making services alongside FIX and REST API connectivity for automated execution. A flexible and fixed-term yield product lets users earn returns on deposited assets, while a crypto-funded card and a tiered loyalty program provide everyday spending and trading-based rewards. Mobile apps for iOS and Android give retail users the same access as the web platform.

Stillman Digital is an institutional digital asset trading platform offering market making, OTC execution, custody, and stablecoin settlement services. It operates as a principal OTC desk executing bilateral trades through RFQ workflows, alongside algorithmic market making that supplies continuous liquidity across centralized venues. Clients connect through a web interface or via FIX, WebSocket, and REST APIs, with co-located infrastructure supporting low-latency execution. Digital assets are protected through multi-party computation and cold-storage custody arrangements. A stablecoin settlement network handles cross-border fund transfers and treasury operations across multiple blockchain networks.

Wintermute OTC implements algorithmic market making through multi-venue liquidity aggregation, facilitating spot and derivatives trading for various digital assets. The system processes billions of dollars of daily volume while maintaining competitive spreads and institutional-grade execution.

Wintermute Liquidity Provision implements algorithmic market making across various centralized and decentralized exchanges, facilitating token liquidity and market efficiency. The system maintains two-sided quotes while managing risk through advanced trading algorithms.

Market Making Services provides liquidity and depth for cryptocurrency exchanges through API integration. The system offers continuous buy and sell orders, efficient price discovery, and cross-exchange hedging to reduce volatility and enhance trading conditions.

XBTO Market Making is a professional liquidity service providing continuous two-sided quotes across centralized exchanges, decentralized exchanges, and OTC venues. It supports token launches, secondary market liquidity, and designated market maker arrangements for issuers and trading venues, with pricing structured around trading performance rather than setup or platform fees. The service includes transparent performance analytics and reporting across multiple exchanges.

Capa API is a payments infrastructure platform that lets fintechs, financial institutions, and corporations move money between fiat and crypto across Latin America. It provides on-ramp, off-ramp, and cross-ramp transaction capabilities through a single integration, converting between local bank accounts and crypto wallets and settling cross-border fiat transfers. The platform also provides foreign-exchange liquidity and market making to support instant settlement and cross-border rate execution. Partners access the platform through a unified account, dashboard, and developer sandbox rather than separate applications.

Rio is a stablecoin foreign exchange platform that enables businesses and institutions in Latin America to convert between local currencies and stablecoins. It provides real-time on-chain conversion, an over-the-counter desk for large bilateral trades, and continuous liquidity and market-making services for exchanges and fintechs. Developer APIs let companies embed stablecoin conversion and pay-in and pay-out flows directly into their own applications. All offerings share a single account and platform, serving fintechs, exchanges, and institutional clients seeking access to stablecoin liquidity across multiple currencies and blockchains.

Digital Asset Liquidity Solutions is a market making service providing continuous two-sided quotes and algorithmic liquidity for digital assets across centralized and decentralized venues. It aggregates liquidity and price data from trading venues to tighten spreads and stabilize order books, while offering over-the-counter execution for large block orders and an options desk that structures custom volatility-based instruments. The service extends to onchain liquidity management, positioning capital across decentralized exchange pools to reduce slippage and execution costs, and to ecosystem development support for blockchain projects seeking liquidity and technical guidance. It serves exchanges, token issuers, and protocols seeking deep, stable markets across multiple blockchain networks.

Nonco Institutional Brokerage Platform is an institutional digital asset trading and liquidity service operated by a proprietary trading firm. It provides market making, algorithmic execution, over-the-counter block trading, lending, index pricing, and derivatives structuring for institutional counterparties across spot and derivative markets. Clients access these services through a web interface, application programming interfaces, or chat-based execution, with settlement handled via clearing, smart contracts, or bilateral arrangements. The platform trades as a principal using its own capital rather than acting as a broker or custodian.

RockawayX Liquidity Services provides on-chain market making and solver solutions for DeFi protocols. The service includes ecosystem liquidity support, intent-based protocol execution, and capital injection programs for project growth.

Provides full-cycle market making services combining Token Generation Event management, MEV-optimized liquidity provision, and cross-market arbitrage. The platform offers tokenomics advisory, smart contract development, CEX and DEX listing coordination, mempool-based non-custodial trading, concentrated liquidity management, MEV anti-snipe protection, high-frequency trading algorithms, and automated arbitrage strategies across centralized and decentralized exchanges.

We ensure token stability using well thought-out algorithms and interdisciplinary experience.

Liquidity provision service that provides spot and non-linear liquidity across multiple trading venues, including leading DEXs, helping establish stable and scalable markets for digital assets.

MH Market Making helps projects maintain consistent trading activity by providing continuous market presence across multiple exchanges with defined price ranges.

Flow Traders implements continuous market making across multiple asset classes including ETPs, digital assets, fixed income, commodities, and FX through proprietary technology platforms. The system provides institutional liquidity via on-exchange and off-exchange venues, supporting spot trading, derivatives, OTC connectivity, and DeFi protocol integration while maintaining risk controls and educational programs like W3BWAVE for talent development.

Trireme Trading implements automated market making through quantitative algorithms, providing liquidity services and order book management across centralized exchanges. The platform executes bid-ask strategies while maintaining risk management protocols and non-custodial operations for cryptocurrency projects.

CoinShares Capital Markets implements trading technology and liquidity provisioning through proprietary platforms, facilitating market-making services, treasury management, and bespoke hedging solutions for institutional clients and strategic partners.

Provides algorithmic market making services to both cryptocurrency exchanges and crypto projects through proprietary trading technology, facilitating deep liquidity across multiple crypto-asset pairs on various exchanges while offering early stage funding and listing support.

Selini Liquidity Provisioning implements systematic market making across centralized and decentralized exchanges, executing systematic trading strategies through algorithmic models. The system operates through algorithmic trading strategies while maintaining deep liquidity pools across multiple trading venues.

Market making service that provides liquidity across digital asset markets using proprietary infrastructure and exchange connectivity to improve price discovery and reduce slippage for issuers and venues.

EasyMM Market Making is a liquidity management service that maintains trading depth and stable order books across exchanges. The service uses automated strategies and active oversight to support volumes, meet exchange requirements, and improve market quality.

Efficient Frontier is a market making and algorithmic trading service for digital asset markets. The service uses real-time market data ingestion, deep learning prediction models, and automated trading bots to generate continuous liquidity across centralized and decentralized venues. It targets token projects requiring liquidity support, price discovery assistance, and market stability across multiple trading platforms.