coinwatch

Today we’re announcing Coinwatch Track - a new way for crypto projects to see what their market makers are doing in real-time, using their API keys.

@Mattjob1 dropping some knowledge: x.com/i/broadcasts/1…

Few people have seen crypto market making from every angle. From @Barclays to @coinbase, now building @coinwatchdotco, he has negotiated MM deals for top projects like @Optimism @SuiNetwork @Aptos @LayerZero_Core @monad @Morpho and more. @Mattjob1, co-founder and CEO of @coinwatchdotco, is joining the next AthenaX Live Stream. The truth about crypto market making, unfiltered. Dec 19, Friday, GMT 12:30 AM See you on the stream!

Nov 2025 update: We've onboarded many more MMs since our original announcement. Updated list below: - Amber - Ampersan - Auros - Cyantarb - Flowdesk - Flow Traders - G20 - Galaxy - GSR - IMC - JPEG Trading - Keyrock - Lhava - Lo:Tech - Manifold - Portofino - Presto Labs - Pulsar - Split Research - STS - Susquehana - Tophash These MMs are either fully onboarded or in the process of onboarding.

A bit about Coinwatch: We're a team of 9, focused on establishing better standards for the crypto MM industry. We've helped 70+ projects negotiate better MM deals. Optimism, Sui, Jito, Morpho, Aptos, LayerZero, dozens of others. For more never-before-seen data on MM behavior, follow us @coinwatchdotco. And follow our founders - @Mattjob1 and @tubergen. Full announcement here: blog.coinwatch.co/p/announcing-c…

Today we’re announcing Coinwatch Track - a new way for crypto projects to see what their market makers are doing in real-time, using their API keys.

@DefiIgnas Foundations are a bug, not a feature.

Uniswap fee switch proposal is killing the decentralized DAO model. Uniswap foundation activities move to Uniswap Labs, meaning... ...decision power moves from a non-profit organization governed by $UNI holders to a Delaware centralized corporation. - Most Foundation employees move to Uniswap Labs - The Foundation only keeps a tiny grants team - After the remaining ~$100M grants are deployed, the Foundation shuts down Thus $UNI token is no longer a DAO token but a token purely valued by buybacks/fees Uniswap will be able to generate. It's not a criticism but admitting the facts that: - The DAO model was indeed just pretending decentralization due to regulatory struggles - DAOs are inefficient at governing and allocating resources ---- Uniswap isn't the first to do it either: - Scroll fully shuts down the DAO and moved to centralized governance - Arbitrum's "Vision for the Future" moves many decisions to the core group of Arbitrum Foundation and Offchain Labs to 'fix inefficiencies' - Optimism Season 8 centralizes power by moving real decisions to curated stakeholder groups and councils while tokenholders only keep veto rights - Lido’s BORG model centralizes execution into legal foundations run by appointed directors while the DAO only sets high level direction ----- The famous a16z "Progressive Decentralization" model of finding PMF and exiting to the community for sufficient decentralization is dying. Or it was just simply pretending in the first place.

MMs are often portrayed as villains, and it's true that sometimes they aren't doing much good. But other times, MMs are working hard, providing the bulk of a token’s liquidity. The only way to know the difference is to track them.

"Market makers have a bad reputation. Do I even need one? How much depth do they actually provide?" To find out, we picked a well-known token and turned on Coinwatch Track. Turns out that ~85% (!!) of the depth is being provided by MMs.

Info asymmetry in a market is tough to balance Too little and you discourage competition. Too much and bad actors to go wild But TEEs get the best of both worlds. Participants prove good behavior without losing edge (eg @coinwatchdotco) TEEs ==> a more fair financial system

Wake up fam, new Coinwatch FUD just dropped: "Coinwatch is just an advisor. Probably licensing some third party tech" Not true. All our tech is built in-house. Our CTO Brian ran engineering at AngelList and co-founded CoinList, which custodied billions of dollars in customer assets without security issues. The eng team is from MIT, Anchorage, Stripe, Google. The code has been audited by 10+ market makers. It's real, it works. Now let's make it a market standard.

How are market maker deals actually structured in crypto? @Mattjob1 @coinwatchdotco

New episode with @Mattjob1 out now! We discuss: - How are market maker deals structured - Why tokens sell off so quickly - How to improve transparency - Takeaways from Solana's ICO - Launching @coinwatchdotco, TGEs & more! Links below ↓

MM has been one of the most opaque stakeholders in our industry. glad to see our industry holding more participants accountable @coinwatchdotco is an excellent team bringing transparency over MM practices!!

[ ZOOMER ] COINWATCH PARTNERS WITH 12 OF THE LARGEST MARKET MAKERS TO BRING TRANSPARENCY TO MM OPERATION FOR PROJECTS, WITH DWF, JUMP AND WINTERMUTE NOTABLY MISSING FROM AGREEMENT: BLOG

@FelixLts Thanks Felix :)

An interesting product for founders to evaluate in dealing with a notoriously intransparent but omnipresent/relevant part of our industry. Recommended read on crypto market making by the Wintermute founder in 2018: hackernoon.com/the-good-the-b…

@hosseeb Thanks for your support!

Really happy to see the crypto industry growing up WRT transparency and disclosures. This is excellent work by Coinwatch, giving teams more transparency over their market makers (using TEEs under the hood!). More coming.

@cburniske Thanks Chris :)

Stay on top of MMs to make sure they're serving the greater good of orderly, liquid, markets.

@GCudrig Thanks GC :)

Market makers are often blamed for everything—from price suppression to vanishing liquidity. But most teams have zero visibility into actual behavior. This is a massive unlock for token issuers who want transparency, accountability, and leverage in MM negotiations. 🔍

@0xsudogm @Mattjob1 @tubergen Thanks GM :)

founders, go talk to @Mattjob1 and @tubergen and check out the coinwatch MM tracking product before you sign with a market maker it’s gonna be worth the time

@keyrock @ambergroup_io @AmpersanCrypto Thanks for your support!

@coinwatchdotco @ambergroup_io @AmpersanCrypto Glad to be part of this initiative🤝

@NotiDivad @cobie Thanks for your support!

I read a post from @cobie about founders, their market makers and what happens bts. I have also seen a lot of founders blame their market makers for token dumps With coin watch, projects get real-time data about their market makers' activities— buys, sell, volume, everything 12 marker markers already integrated on @coinwatchdotco and they've helped some projects negotiate good market maker deals (including optimism, LayerZero etc) but more importantly, it uses TEEs (Trusted Execution Environment) which keeps APIs safe, zk coded I would love to see more projects integrate and use this, we need more transparency in web3