Over the past few months Uniswap has proven to be a major player competing directly with the industries largest trading venues such as Binance, Coinbase, Okex, Bithumb, Kraken,… in terms of trading volumes and deep liquidity for altcoins.
As we all know Uniswap is a decentralized exchange, eliminating counterparty risk that traders face on centralized exchanges. Furthermore Uniswap does not have orderbooks and does not work with a “spread” (for more information please check out this in depth article on the matter).
This means for us as a market maker there is no point in developping slippage and spread maintenance algorithms for this type of exchange.
However, there are a few different ways in which our firm is adding significant value to our clients that are listed on Uniswap.