Attune Trade runs a single high-frequency market-making strategy on crypto spot and perpetual markets. On its own it earns the spread and maker rebates while keeping inventory close to flat. Pointed at a volume mandate, the same engine maximises turnover under a strict cost cap and can move 1B+ a month per deployment. This page explains how it behaves. It does not disclose the models.
It posts a bid and an ask on each pair it trades and keeps them there, re-pricing many times a second as the market moves. When both sides fill, it has bought slightly below and sold slightly above the mid. That difference, plus the maker rebate the venue pays for resting orders, is the gross return.
Same quotes, different objective. For an exchange mandate the strategy maximises filled turnover subject to a hard cap on cost per $10k traded, funded by the venue’s maker tier. The levers are size, levels, queue position and re-quote speed; the limits are identical. That is how one deployment reaches 1B+ a month without becoming a directional bet.
The danger in market making is being filled on one side while price keeps moving. Our quotes skew against any position we hold, so inventory mean-reverts instead of building into a directional bet, and hard limits stop the strategy before a position can grow.
High-frequency market making is a crowded business. We compete on the things that compound: execution quality, risk discipline and the speed at which we can research and deploy.
Direct exchange feeds, a compiled decoder and an event-driven engine, so quotes reflect the book as it is, not as it was.
Twelve pre-trade checks, seven live rules, a fixed escalation ladder and a circuit breaker. Limits are code, not policy.
A backtester that shares the live code path and models queue position, latency and slippage, so what we test is what we run.
Plain statements about what the strategy is exposed to.
Capacity is bounded by the tape of the pairs we trade, not by appetite. A small share of a pair that turns over hundreds of millions a day already clears 1B a month, and we scale by adding pairs and venues, each with its own limits, rather than by pushing size on one market.
We report the way we would want to be reported to.
Turnover and P&L by venue and pair, fill quality, cost per $10k traded, inventory usage and every limit breach, with the venue records to check it against.
The limits the system enforces, in writing, and any change to them notified before it takes effect.
Incidents, outages and recoveries, with what happened and what changed as a result.
This page is for information only. It is not an offer to sell or a solicitation to buy any security or interest in any fund or account, and it does not constitute investment advice. Any investment would be made only through definitive documents and only to eligible investors. Trading digital assets involves substantial risk, including the loss of capital.
We share a strategy overview, the risk parameters and a reporting sample with qualified investors and exchange partners on request.