Author：Coin Encyclopedia

According to The Block, Wintermute stated in its year-end report that its trading volume on the market increased by 313% last year, exceeding the annual growth rate of 142% for the entire cryptocurrency trading market. The report added that the number of transactions has increased by 250% compared to 2023. Last year, the highest daily off exchange trading volume reached 2.24 billion US dollars, a significant increase compared to the record of 2 billion US dollars per week set in 2023. The report also shows that as institutions seek more complex yield and risk management tools, over-the-counter derivative trading volume has increased by 300%. Wintermute stated that traditional financial participants have shown greater interest in Meme, which is rapidly rising in 2024. The share of Meme in Wintermute's over-the-counter spot trading volume increased from 7.3% in 2023 to 16.2% last year, while the share of major cryptocurrencies decreased from 67.9% to 58.7%.