Share this article
Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System
CoinRoutes won a patent in February for a “cryptocurrency smart-order router” designed to help trading firms reduce the costs of storing large reams of historical data.
Updated Apr 20, 2023, 2:26 p.m. Published Apr 20, 2023, 1:00 p.m.
Wintermute, a London-based crypto trading firm and liquidity provider, said it has integrated with CoinRoutes, a startup that aims to help crypto hedge funds and other investors get the best price on trades.
The integration “will allow CoinRoutes customers to benefit from greater choice and flexibility in terms of the liquidity providers they can access through the platform,” according to a statement from Wintermute.
STORY CONTINUES BELOW
In February, CoinRoutes won a U.S. patent for a “cryptocurrency smart-order router” that lets trading clients use their own servers, but with reams of data on historical crypto trades stored on regional servers. The setup allows traders to avoid the cost of storing the data on their own servers, a price tag that can reach $25,000 in some cases, co-founder Dave Weisberger told CoinDesk in March.
“Our deep liquidity, combined with CoinRoutes smart-order routing will help market participants achieve a higher quality of trading and more efficient execution," Marina Gurevich, chief operating officer of Wintermute, said in the statement.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Solana’s Drift Launches v3, With 10x Faster Trades
With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%.
What to know:
- Drift, one of the largest perpetuals trading platforms on Solana, has launched Drift v3, a major upgrade meant to make on-chain trading feel as fast and smooth as using a centralized exchange.
- The new version will deliver 10-times faster trade execution thanks to a rebuilt backend, marking the largest performance jump the project has made so far.
Top Stories
