Wintermute Provides Two-Sided Liquidity to $60 Billion Prediction Markets

5 articles · Updated · Markets Media · May 29

Wintermute said it is now quoting continuous bid and offer prices across event contracts on leading prediction-market venues, bringing its market-making infrastructure into a segment that has topped $60 billion in 2026 trading volume.
More than $20 billion trades monthly on those venues, but Wintermute said the market still lacks depth; sustained two-sided liquidity should tighten spreads, support larger orders and improve the reliability of market-implied probabilities.
The firm, which handles over $3.5 trillion in annual trading volume across 70-plus exchanges, is positioning prediction markets as a venue for trading and hedging specific event risk rather than using proxies such as equities, rates or crypto.
That push also fits Wintermute's crypto-native operations, as several prediction venues rely on stablecoins, public blockchains and onchain-style settlement that require familiar execution, custody, collateral and risk-management capabilities.

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