M bret: I got involved with crypto from an investing standpoint before i started my professional career. So, em, i guess, for for people who are now active and creptoand who, like for all ther trading is entirely digeed. Can you describe how that experience was different from, i guess our people trade to day? A, yes, o, it was dramatically different. There were sterwer screens on the floor, right that were displaying prices, but when i first started, only one member of the pit, the designated market maker, was allowed to display those prices. Eventually, other people could also display prices to add liquidity to that sort of elect electronic book as they...
In this episode, Su and Hasu talk to Matt Castro and Brad Koeppen of CMT Digital, one of the longest-standing trading firms in crypto.
Topics covered
- What their firm does in crypto
- What CMT thinks about DeFi
- The rise of AMMs and their future
- Why CMT co-founded the Chigaco DeFi Alliance
- Why community-funded coins have performed better than VC-funded ones, and whether this trend will continue
Su Zhu is the CEO and CIO of Three Arrows Capital.
Hasu is a cryptocurrency researcher and writer.
Together, they publish on Deribit Insights and uncommoncore.co.