What We Do
Management Guide
Management Guide
Management Guide
Management Guide
Caladan offers crypto market-making services that leverage our experience as a cryptonative trading group that has traded 1000+ tokens and billions per day. Our clients benefit from the same low-latency infrastructure, finely tuned algorithms, and breadth of connectivity across both centralised and decentralised exchanges that have kept us profitable every single day since 2017. We work with tokens and exchanges to overcome the cold start problem, deepen liquidity, and enable efficient price discovery.
Content
Caladan’s crypto market-making services are powered by a cryptonative trading team of crypto market makers that has handled over 1,000 tokens and managed billions in daily volume. Our clients benefit from the same low-latency infrastructure, advanced algorithms, and extensive connectivity across both centralized and decentralized exchanges that have kept Caladan profitable every day since 2017. By leveraging these assets, we help tokens and exchanges solve the “cold start” problem, enabling deep liquidity from day one and facilitating efficient price discovery across the cryptocurrency market making ecosystem.
Caladan is known for pioneering techniques that have set new standards in market-making services for crypto, positioning us at the forefront of the industry. Our approach emphasizes continuous innovation, ensuring our strategies adapt to and shape evolving market conditions. Through our integration with over 70 centralized and decentralized exchanges, we embody the philosophy of “access as alpha.” This extensive exchange reach allows us to deliver enhanced liquidity solutions and implement strategies that maximize market efficiency, giving our clients a competitive edge. By combining technical expertise with robust exchange access, Caladan is a trusted partner in market making, providing sustainable growth for projects across the digital asset landscape.
Structuring bespoke options products for token foundations and institutional investors
Partnering with decentralised projects as a data publisher, validator and liquidator.
Investing in pre-seed and seed stage companies across blockchain infrastructure, DeFi, analytics, and security.
Crypto market making involves continuously placing buy and sell orders on cryptocurrency exchanges to enhance liquidity, reduce price volatility, and enable efficient trading. Market makers help narrow the bid-ask spread, increase trading volume, and stabilise asset prices. This process enhances liquidity, minimises price slippage, improves market efficiency, and fosters a better trading experience.
Market makers specialize in crypto arbitrage by providing consistent liquidity across multiple exchanges, reducing price discrepancies, and narrowing bid-ask spreads. Their role in maintaining an efficient order book helps stabilise prices and corrects differences between exchanges quickly, promoting overall market efficiency.
These are the criteria used:
Market makers measure the success of their strategies using key metrics such as bid-ask spread, trading volume, order book depth, price impact, inventory turnover, and profit & loss analysis. A narrower spread indicates efficiency, higher volume signals strong liquidity, and a deeper order book ensures price stability. Low slippage improves the trading experience, while inventory turnover optimises capital use, and P&L analysis ensures financial sustainability.
© 2025 Caladan. All rights reserved.