Independent firm profile

Wintermute

Leading algorithmic liquidity provider in crypto markets.

Headquarters
London, UK
Founded
2017
Funding model
Firm Capital Model
Region served
Europe

Community rating

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Overview

What this firm is and who it serves

Wintermute is one of the largest crypto market-makers, providing liquidity on dozens of centralized and decentralized venues. It runs algorithmic and OTC trading at significant scale.

"Build the most liquid and efficient crypto markets."

At a glance

Structured facts about this firm

Firm Type
Firm Capital Model prop firm
Market Focus
Crypto
Trading Style
Firm Capital Model
Institutional Level
Retail-accessible proprietary firm
Retail Accessibility
Open to retail traders
Geography
London, UK · Europe
Known For
Largest crypto market-maker
CEO
Evgeny Gaevoy
Team size
100+

Funding programs

Account types and the path to capital

Evaluation

Not required by this firm.

Instant funding

Not offered by this firm.

Scaling plan

No formal scaling plan documented.

Account sizes offeredFirm capital
Max allocation
Evaluation fee
Monthly subscription

Not applicable.

Trading rules

What's allowed, what isn't

Asset classes supported

FuturesStocksOptionsForexCrypto
News trading allowedYes
Overnight holding allowedYes
Weekend holding allowedYes
Copy trading allowedNo

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider
InstrumentsCrypto spot, perps, options, OTC

Supported platforms

Proprietary

Payout structure

How and when you get paid

Profit split50% to trader
Payout frequencyAnnual
First payout eligibility

Pros & cons

A balanced view based on documented terms

Strengths

  • +Crypto-native pedigree
  • +Strong tech stack
  • +Global presence

Trade-offs

  • Crypto-only
  • Volatility exposure

Frequently asked questions

Common questions about Wintermute

Is Wintermute a legitimate prop firm?+

Wintermute was founded in 2017 and is headquartered in London, UK. Leading algorithmic liquidity provider in crypto markets.

Does Wintermute require an evaluation?+

No. Wintermute offers funded accounts without a traditional evaluation phase.

What is the profit split at Wintermute?+

Wintermute pays traders 50% of net profits, keeping the remainder as the firm's share.

How often does Wintermute pay out?+

Wintermute processes payouts on a annual basis.

What platforms does Wintermute support?+

Wintermute supports the following trading platforms: Proprietary.

What trading restrictions does Wintermute enforce?+

At Wintermute, news trading is allowed, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.