Wintermute is notably critical of DWF Labs and their practices
The co-founder of one of the most well-known market makers clarified that, according to their terminology, DWF Labs doesn’t qualify as market makers.
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The confusion arises because DWF Labs announces over-the-counter trades as investments, even though investments typically imply a long-term commitment, not an immediate sale after the announcement.
This ambiguity is a characteristic of the open and largely permissionless nature of the system.
The biggest criticism of market makers in the market is that there are a large number of people who “manipulate the market” rather than “provide liquidity to guide the market’s healthy development”.
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