DWF is a proprietary high-frequency trading firm founded in 2018 by a collective of academically distinguished researchers and professional quantitative traders from a top proprietary trading firm.
Our organisation has deep expertise in artificial intelligence (AI), machine learning (ML), and advanced statistical methods, all of which we harness to execute high-frequency trading strategies across a vast array of digital asset products, including spot, perpetual contracts, and crypto options markets. Our trading activities span over 60 centralised and decentralised venues, making DWF a prominent player in the financial technology landscape.
In 2022, Managing Partner Andrei Grachev founded DWF Labs, a crypto market maker and investment firm, and subsequently partnered with DWF to mark its entry into the broader crypto market.
Nowadays, our business includes the following services targeting blockchain startups, professional traders and trading entities, funds and institutional investors alike:
- Market making of crypto assets.
- Crypto venture capital (DWF Ventures).
- Crypto OTC trading platform (DWF Liquid Markets).
- Cryptocurrency options trading.
From day one, our goal has been to always uphold the highest standards of transparency, trust, and integrity. DWF Labs has been trusted by over 700 blockchain companies, platforms, and institutions. We provide liquidity for over 25% of the 100 largest crypto projects, and our reach spans across the entire crypto ecosystem. We are also committed to supporting bold entrepreneurs by providing crypto liquidity, contributing to Total Value Locked (TVL), operating validator nodes, and making crypto venture investments.
Partnerships, Market Support, and Recognition
DWF Labs is committed to building highly liquid, available, and efficient markets in the still nascent digital assets industry. Our long-term mission is to be the next generation Web3 investor and market maker, and our positive impact has been acknowledged by both our partners and the industry. Here are only a few examples:
- In November 2022, DWF Labs contributed $15 million towards Binance Recovery Initiative, intended to help crypto industry recover after the FTX crash.
- Dubai’s DMCC Crypto Centre partnered with DWF Labs in 2023 to attract blockchain and Web3 companies to the UAE and MENA region. The collaboration was renewed in 2024.
- The Blockchain Center Abu Dhabi signed an MOU with DWF Labs in December 2024.
- DWF Labs was recognised by Binance Research as the most active lead crypto investment firm from Q4 2022 to Q4 2023.
- Bybit awarded DWF Labs as the Top Liquidity Provider of 2023.
- Binance granted DWF Labs the title of the VIP Longest-Standing Client in August 2024.
- Blockchain Life awarded DWF Labs the title ‘Liquidity Provider of the Year’ twice in a row: in April 2024, and in October 2024.
Portfolio
DWF Labs’ approach to supporting portfolio companies is ecosystem-based, holistic and multifaceted, encompassing yet not being limited to:
- Supporting the integration into institutional wallets: TON <> Fireblocks , Conflux <> Fordefi
- Hackathons: Hack-a-TON x DWF Labs x AWS; Viction Horizon Startup Hackathon; DeSoc Hackathon S1 2024; U-Hack; DMCC x Bybit Web3 Unleashed 2 (2024); APTOS EVERMOVE HackerHouse Hong Kong 2025.
- Ecosystem funds and grants: NEAR, Algorand, EOS, TRON, Airdao, ZigChain (Zignaly), TON (options trading), Theta, Floki, API3, Kava Chain, GalaChain (Gala Games), Kaia (former Klaytn).
Additionally, we run dozens of validator nodes on various protocols and contribute cryptocurrencies worth tens of millions of U.S. dollars to TVL on-chain to bootstrap and support early protocols and their development.
Aside from crypto liquidity provisioning, market making and VC activities, we strive to meet the needs of our partners in various other activities, whether it is exchange listings, new partnerships, or assistance with fundraising.
Investment Programs
A major part of our funding activity goes through several investment funds DWF Labs offers for supporting certain sectors within the blockchain ecosystem:
- Cloudbreak: Commenced in July 2024, this is a $20 million program for crypto startups in Chinese-speaking regions.
- Meme Fund: A $20 million crypto investment fund for promising memecoins, launched in November 2024.
- AI Agent Fund, Launched in December 2024, it offers support and funding for projects that work in the AI x Crypto space.
- Liquid Fund: Announced in March 2025, this $250 million initiative provides funding opportunities for mid- and large-cap crypto projects, with a minimum deal size of $10 million.
Events
DWF Labs is dedicated to staying at the forefront of the crypto community, with its key representatives frequently connecting with our team members in person. This is made possible by the DWF Labs Haus, which has become an iconic venue, consistently attracting attention from attendees at major events focused on cryptocurrency, blockchain, and web3.
Throughout 2024, DWF Labs Haus took place on the following conferences:
- EthDenver (March 2024)
- Hong Kong Web3 Festival (April 2024)
- TOKEN2049 Dubai (April 2024)
- EthCC Brussels (July 2024)
- Korea Blockchain Week (August 2024)
- TOKEN2049 Singapore (September 2024)
We also co-host various events and venues, such as AI Genesis Night in Tokyo, Japan, and Kaia Square Lounge in Seoul, South Korea.
Shaping the Future of Web3
While the market and intensity of our work are rarely understood by the media or the general public, we are proud of the achievements that we have accomplished in a very short span with a team of less than 100.
We are sincerely grateful to our esteemed partners who have joined us in this journey. Above all, we are committed to their long-term success, and we know that by operating with the highest standards of integrity, transparency, and ethics, we will be in the strongest position to serve our partners and their best interests.
Establishments and fake media will not root the movement that Bitcoin started in 2009. We are in crypto for the very reasons why the establishments want to get rid of us.
We are #StrongerTogether. Let’s BUIDL together.