Why did I decide to dive into this topic?

Because institutional market making is the invisible engine of liquidity — yet it’s rarely discussed outside closed circles. After speaking directly with professionals managing serious capital, I realized how critical infrastructure and MM support from exchanges like WhiteBIT and Bybit have become for driving healthy markets.

It’s not just about spreads or rebates — it’s about building trust, scaling strategies, and creating real use cases for digital assets.

This topic deserves more attention — and I’ll keep exploring it.

Who Fuels the Crypto Market? A Look Into Institutional Market Making