If you could only hold ONE #Altcoin# for the next two years, what would it be? • $WIF • #PEPE# • $DROVER • $DOG • $MASK • $CORE • $PROPC • $QUBIC • #M87# • $FET No switching. No FOMO. Just conviction. Drop your pick.

In the dynamic world of digital assets, market makers play a crucial role in ensuring liquidity and stability. This article explores the significance of market making for crypto projects and individual traders, as well as highlighting six of the most influential market makers in the cryptocurrency sphere as of 2025. The Impact of Market Making on Cryptocurrency Markets Market makers are essential in fostering smooth trading conditions, benefiting both crypto asset issuers and individual traders. Their primary function in the cryptocurrency market, as in other financial markets, is to provide continuous buy and sell price quotes. For crypto projects, especially in their early stages, market making is vital. When a new token launches, it often suffers from low liquidity, leading to price volatility that can deter investors. Market makers address this by placing limit orders on both sides, enhancing market depth and stabilizing prices while promoting trading activity. This liquidity provision also improves market credibility and efficiency by reducing the potential for excessive price manipulation. Furthermore, a reputable market maker can significantly boost a project's visibility and appeal to exchanges, increasing the likelihood of securing listings on prominent platforms. Individual investors and traders also benefit from cryptocurrency market making. The continuous quoting of buy and sell orders by market makers narrows the bid-ask spread, which is the difference between purchase and sale prices. This results in lower transaction costs and improved overall pricing. Additionally, it mitigates volatility risk by allowing traders, especially those executing large orders, to enter and exit positions with minimal price impact. The increased liquidity resulting from market makers' activities creates a robust, dynamic trading environment in the crypto market, which traders can leverage to their advantage. Six Leading Cryptocurrency Market Makers 1. DWF Labs Established in 2022, DWF Labs has rapidly emerged as a major player in cryptocurrency market making. The company employs sophisticated high-frequency trading (HFT) techniques to provide liquidity for a diverse range of crypto assets across numerous trading platforms, both centralized and decentralized. DWF Labs' portfolio encompasses hundreds of crypto projects, including well-known and highly active ones such as HeyAnon and Mask Network, as well as top market cap contenders like TON, TRON, and Algorand. While renowned for its crypto market making services, DWF Labs offers a comprehensive ecosystem-based approach, including venture capital, over-the-counter (OTC) trading, and derivatives trading such as futures and options. These services are designed to meet the varied needs of blockchain startups, institutional entities, and professional traders. The company has also initiated several investment programs, including the Liquid Fund and the AI Agent Fund, targeting projects in specific Web3 sectors. 2. GSR Markets Founded in 2013, GSR Markets stands as one of the longest-standing institutional crypto trading firms and liquidity providers. The company offers a wide array of services, including risk management programs and OTC trading. GSR has collaborated with a diverse client base, encompassing cryptocurrency miners, institutional investors, projects, and exchanges. Beyond liquidity provision, GSR positions itself as a multi-stage investor within the crypto ecosystem, having invested in over 200 blockchain protocols and startups. The firm's strategy centers on fostering innovation and supporting Web3 initiatives that drive the evolution of digital assets and blockchain technology. 3. Jane Street Jane Street, a quantitative trading firm, serves as a major liquidity source for global financial markets, including stocks, bonds, and exchange-traded funds (ETFs). Since entering the cryptocurrency market, the firm has significantly expanded its operations, with reports indicating a tripling of their crypto trading activity in 2024. Leveraging proprietary technology and advanced quantitative analysis, the company supports efficient trading operations across more than 200 trading venues in over 45 countries. In response to increasing regulatory scrutiny, Jane Street opted to exit the U.S. market in 2023, sparking discussions about the regulatory complexities within the crypto space. 4. Cumberland Cumberland, a division of DRW, has been a significant player in crypto trading since 2014. The firm primarily caters to institutional investors by offering deep liquidity for digital assets. Additionally, Cumberland provides bilateral crypto options and non-deliverable forwards, mainly in Bitcoin (BTC) and Ethereum (ETH). Beyond trading services, Cumberland makes strategic investments to develop the cryptocurrency market. They actively participate in regulatory discussions, invest in promising crypto projects, and collaborate with both traditional finance entities and DeFi protocols. 5. Bluesky Capital Established in 2014, Bluesky Capital specializes in cryptocurrency market making and investment management. The firm offers services such as market-neutral investment products and HFT trading, utilizing systematic trading strategies. In addition to cryptocurrency market making, Bluesky Capital provides various investment programs, specifically cryptocurrency asset management, cryptocurrency hedge funds, and HFT, aiming to generate returns independent of the broader cryptocurrency market while maintaining strict risk management practices. 6. Jump Trading Through its Jump Crypto division, Jump Trading has been actively involved in developing and maintaining global blockchain infrastructure. Specializing in high-frequency and algorithmic trading, they provide liquidity across major crypto markets. In 2023, reports suggested Jump Trading was scaling back its U.S. cryptocurrency activities due to regulatory pressures. However, by early 2025, the firm was reportedly reviving its U.S. digital asset desk, signaling a renewed commitment to the market. Final Thoughts The importance of market makers in the cryptocurrency ecosystem cannot be overstated, as they provide essential liquidity and facilitate smoother trading experiences. As of 2025, the crypto market making landscape is dominated by several firms mentioned in this article: DWF Labs, GSR Markets, Jane Street, Cumberland, Bluesky Capital, and Jump Trading. However, as the industry continues to evolve, so do the challenges faced by cryptocurrency market makers. Maintaining transparency, regulatory compliance, and adaptability will be crucial for these entities to preserve their positions and trust within the market.

Someone said “fill your bags with $MASK but let’s be real — when top CT voices stop shilling, charts usually start drilling 📉 Unless the community steps up, $MASK looks like it’s heading deeper into the pits in the coming days. Prove me wrong

If the $mask airdrop is based on how much we have individually spent on gas fee’s then some people are going to be eating 🔥

Market selling off to fuel one token pumping... & coming up we have; $XPL $LIGHTER $MASK $RNBW $BASE this doesn't include unlocks of already established tokens and I'm probably missing many more new launches too

Top trending memecoins last 24 hours $DOG $MASK $MOMO $TOSHI $DORA $FLOKI $TST $TRUMP $TROLL $HOLD

I am thinking about buying $MASK

Even if i lose everything $MASK stays on 💪 i will need it to rob a bank 🤣🤣

$ASTER did 25x in 4d $DUST 462x in 2d $ANI 3938x in 2d $AURA 247x in 3d $MASK 486x in 3d $TRUMP 250x in 24h $CHILLGUY 4000x in 8d $PNUT 933x in 12d… so what’s the next big runner fam? 👀 if you’re chasing x’s, follow me here on @degensing — I’m tracking them all.

well, Metamask just confirmed they'll launch a token which means whoever used their wallet might get $MASK airdrop soon are you positioned for it? btw, I just found out that Metamask partnered with @brevis_zk and launched a campaign offering 2.4% APR on USDC lending/borrowing not the best yield I know, but it shows the ZK narrative is attracting some big players wondering if @cysic_xyz can also do the same

Someone said “fill your bags with $MASK … but let’s be real — when top CT voices stop shilling, charts usually start drilling 📉 Unless the community steps up, $MASK looks like it’s heading deeper into the pits in the coming days. Prove me wrong

imma crash out so bad if I get a shitty $SEA or $MASK airdrop just because I didn’t do some stupid quests don’t make the mistake of ignoring the volumes pls

MetaMask just doubled down on its future — Joe Lubin confirmed their native token “MASK” is coming, and maybe sooner than expected. It’s meant to give users more say in governance + rewards inside the wallet. Keep your eyes peeled 👀.

These are the most active communities rn. 1. $ASTER 2. $PENGU 3. $KORI 4. $PUMP 5. $USDUC 6. $MICHI 7. $ASSDAQ 8. $MASK 9. $POPCAT Any others ?

Better be quick with launching those coins guys, window is closing $mask $sea $monad

$ASTER Machi Closes Short, Nets $79K Profit Amid $8M+ Floating Losses {future}(ASTERUSDT) Machi closed his 3x leverage $ASTER short, securing $79,721 in profit. The move capitalized on ASTER’s volatile price swings this week, driven by whale accumulation, showcasing sharp timing. However, Machi’s portfolio remains deep in the red. His high-leverage longs—$ETH (15x), $PUMP, and $HYPE (5x)—are bleeding over $8M in unrealized losses. This underscores the dangers of aggressive leverage in a volatile market, where precise short-term wins can’t mask broader exposure. Machi’s $ASTER play shows disciplined execution, but his heavy leverage elsewhere leaves him vulnerable to further downside. Traders are watching: will he double down, adjust leverage, or cut losses? 👉 Key lesson: one solid trade doesn’t offset the risks of over-leveraged positions.

Is this the ultimate ALTBAG for the next bullrun? 👇 AI → $BERRY, $QF, $FET, $XMW, $MLMX, #TAOBOT, $NEURAL Cult → $SIGMA, $BERT, $SKI, $TROLL, $WKC, $MASK Memes → $AURA, $HOSICO, $MANYU, $UFD, $KORI Strategies → $SSX, $SSR RWAs → $CREDI, $BST, $AUTOS, $RIO, $PRO What else belongs in this bag?

The #Crypto# market is dumping and everyone wants #100X# ! Which coin is going to make it soon? $DROVER #GROK# $PEPE $DOG $MASK $CORE $PI $TRUMP $PEPE $BONK $TROLL $DOGE $BRETT #MOODENG# #MELANIA# $VINE Did I forget anything?

Best MEMEBAG for this bullrun 👇 Cults → $KENDU, $MASK, $SIGMA, $BERT, $SKI, $TROLL, $WKC BONK → #USELESS, #BAOBAO, $BEST, $JAIL, $KORI, $STUPID FART → #FARTBOY, #FARTCOIN, $UFD, #FARTLESS Memes → $MANYU, $HOSICO, #CaptainBNB, $URANUS, $NPC Strategies → $SSR, $SSX Locked, loaded, and ready to send.

saw someone in the rally with a black brief as a mask lmfao

🌙 Evening vibes: autumn walk, fresh forest air, and trying out all the Billions mask colors🍂✨ Fall feels magical, but one thing stays the same, yapping about @billions_ntwk every day. That’s how we grow fam 🅱️

🔥 MetaMask Token Incoming Joseph Lubin, Ethereum co-founder & CEO of Consensys, has confirmed that MetaMask will launch its $MASK token “sooner than expected.” Earlier this year, MetaMask co-founder Dan Finlay hinted that any token launch would be promoted directly inside the wallet — reaching MetaMask’s 30M+ users instantly. If true, this could mark one of the biggest airdrops in crypto history, as MetaMask remains the most widely used self-custody wallet in Web3. ‍#MetaMask# #MASK# #Airdrop# #Ethereum# #Web3#

$LINEA is around $400m MC right now 🤝 This is supremely undervalued considering $ARB and $OP l2s ✅ LINEA is backed by ETH foundation itself and high chances of $MASK airdrop for $LINEA holders🤝 I think $LINEA below $0.029 is a steal deal and expecting $0.05 very soon 🔥 Buy the dips in size and get ready for $0.05 ✅

Eligible for $Mask drop ($5000) Gas fee ($2500) Claimable at TGE ( 40%)

Is this the ultimate ALTBAG for the next bullrun? 👇 AI → $BERRY, $QF, $FET, $XMW, $MLMX, #TAOBOT, $NEURAL Cult → $SIGMA, $BERT, $SKI, $TROLL, $WKC, $MASK Memes → $AURA, $HOSICO, $MANYU, $UFD, $KORI Strategies → $SSX, $SSR RWAs → $CREDI, $BST, $AUTOS, $RIO, $PRO What else belongs in this bag?

MASK Token Launch Accelerates Amid Strong Debuts of XRP and Dogecoin ETFs - - #cryptocurrency# #bitcoin# #altcoins#

This wan wey some idolos dey tweet “I LOVE META MASK INTERFACE” What did I miss ? 🤣🤣🤣🤣

if this will be a criteria in getting $mask airdrop then they can keep it i don’t use metamask anymore and i don’t like it since they keep lagging and cant even use the in app browser to my satisfaction zerion will remain the far best wallet and yes the in app browser is so much satisfying Rabby is also good if you’re looking for a wallet that shows all your hidden assets

Activated all of my Meta mask wallets and found some $ETH that hasn't been touch in over 685 days 😂

the token is not there yet but everyone is already bullish on this token what is it? For sure is $MASK from @MetaMask This altseason there is a lot of news coming

Today's Web3 information gap: Sponsored by #Gate exchange | @Gate_zh 1. $JobIess reached a new high of 17m, with a maximum of 26x, live streaming coin decryption game $MESA 15x, and Texas Hold'em $HOLD 17x. 2. UAE tycoons are making a strong entry! New $SOL treasury Solmate raises $300 million, Cathie Wood participates, strong support at $238, next stop $1000. 3. Can you still use a phone in prison? SBF, who was sentenced to 25 years, has resurrected, and x has been following 5 people continuously; $FTT surged by 32% breaking $1. 4. Brother Sun is here, run fast! The first perpetual contract dex on the TRON chain is launched: sunperp 5. Ethereum co-founder Joe Lubin revealed: the token for the little fox MetaMask is coming, and the $Mask TGE could be next month!

We all want just want thing right now To be eligible for $MASK airdrop.

FYI : Joseph Lubin, co-founder of Ethereum and CEO of Consensys (the company behind MetaMask), confirmed in a recent interview (reported on September 19, 2025) that the #MetaMask# token-likely called $MASK-is set to launch "very soon" and earlier than expected.

We all want just want thing right now To be eligible for $MASK airdrop.

After spiking to 65%, Polymarkets odds of Metamask now launching the $MASK token in 2025 are at 39%. Founder of ConsenSys Joseph Lubin says its coming soon... what do you think? 👀

$MON $BASE and $MASK has recently been added on Whales Pre-market Everything’s happening so fast

$MASK Confirmed for $Linea holders ? You might keep some linea in your wallet if you are long term investor.. I claimed my airdrop and didn’t sold yet, i see more potential in $LINEA so lets wait Tell me your thoughts 💭👇🏻

Rabby walk so $MASK can run Bullish on metamask (trust me bro)

My OG EVM wallet got compromised last month $BASE and $MASK token are coming Can I still position with a new wallet or I’m cooked, maybe only @SentientAGI can save me

Everybody is hyped about $MASK . This is something i didn't expect.

Everybody is hyped about $MASK . This is something i didn't expect.

JUST IN: According to report, #Ethereum# co-founder and ConsenSys CEO Joseph Lubin has hinted that the long‑awaited MetaMask token, MASK, might #launch# sooner than expected. $ETH #crypto#

finally $mask token has been confirmed but untill i see checker i’m not believing sh*t