Wintermute enters the prediction market and provides bilateral liquidity for mainstream platforms BlockBeats News: On May 29th, market maker Wintermute announced that it has entered the prediction market field and started providing bilateral liquidity (two-way quotes) for event contracts on mainstream prediction market platforms. Wintermute stated that it is currently providing buy and sell quotes for active event contracts. The total monthly trading volume of related prediction market platforms has exceeded 20 billion US dollars. As of April 2026, the cumulative historical trading volume between Polymarket and Kalshi has exceeded $150 billion. Wintermute's head of over-the-counter trading, Jake Ostrovskis, stated that the forecast market has shown demand characteristics similar to large asset classes, but liquidity is still in the early stages. Continuous bilateral liquidity helps to narrow the bid ask spread, support larger scale trading, and enhance the quality of probability signals reflected by market prices. Previously, institutions such as Jump Trading and Galaxy Digital have also laid out their business of predicting market liquidity. [Original link]