# Wintermute Trading borrow request

**URL:** <https://forum.truefi.io/t/wintermute-trading-borrow-request/151>\
**Category:** Borrower Requests\
**Created:** [December 27, 2020, 3:19pm UTC](https://forum.truefi.io/t/wintermute-trading-borrow-request/151 "2020-12-27T15:19:37Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Wintermute](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/wintermute/32/56_2.png) [@Wintermute](https://forum.truefi.io/u/Wintermute)\
**Post date:** [December 27, 2020, 3:19pm UTC](https://forum.truefi.io/t/wintermute-trading-borrow-request/151/1 "2020-12-27T15:19:37Z")

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Wintermute is a proprietary trading firm and one of the larger market makers in crypto globally. We would like to borrow 1,000,000 TUSD for 30 days at a rate of 12%. If the loan is a success, we will make larger requests in the very near future.

**About us**

Wintermute was founded in July 2017 by three Optiver veterans. [Evgeny Gaevoy](https://www.linkedin.com/in/evgeny-gaevoy-3148a61/?originalSubdomain=uk), founder and CEO, was previously head of ETF (screen and OTC) at Optiver Europe, one of the largest ETF market making desks.

- Wintermute pursues market neutral mandate
- Wintermute’s trading volume in 2H 2020 surpassed $70B and our average daily trading volumes in November-December 2020 were $0.75-1B
- Wintermute is continuously present on Bitfinex and FTX volume leaderboards (Mirror-Eyed-Razorgirl):  
 ![image](https://us1.discourse-cdn.com/flex016/uploads/truefi/original/1X/9533908c32dc30706a8159e2d13ecf82394a687d.png)
- Wintermute is one of the larger borrowers of crypto currently working with all major crypto lenders; we increased our loan capital every month since the start of 2020 and we have never defaulted/been liquidated on a loan
- Wintermute is backed by Lightspeed Venture Partners, [Blockchain.com](http://Blockchain.com) Ventures and others
- Wintermute is professionally run with a quarter of the company coming from Optiver and other top tier traditional market makers; we rely on fully proprietary institutional-grade technology developed in house
- Wintermute Trading is registered with FCA for our OTC business

**Use of funds**

The funds will be deployed in market making strategies across CeFi and DeFi. We were one of the earliest adopters of DeFi and we would like to support TrueFi as an early adopter too

We are excited to work with TrueFi and are open to answering any follow up questions!

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**Author:** ![Jacks](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/jacks/32/42_2.png) [@Jacks](https://forum.truefi.io/u/Jacks)\
**Post date:** [December 27, 2020, 7:13pm UTC](https://forum.truefi.io/t/wintermute-trading-borrow-request/151/2 "2020-12-27T19:13:47Z")

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Thanks for the great post @Wintermute team!

We’ll use the median vote on the poll below to decide how to move forward with your request:

_Poll ([view on site](https://forum.truefi.io/t/wintermute-trading-borrow-request/151/2))_

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**Author:** ![rafaelcosman](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.truefi.io/rafaelcosman/32/4_2.png) [@rafaelcosman](https://forum.truefi.io/u/rafaelcosman)\
**Post date:** [December 29, 2020, 4:18pm UTC](https://forum.truefi.io/t/wintermute-trading-borrow-request/151/3 "2020-12-29T16:18:12Z")

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@Wintermute - thank you for your application and looking forward to hopefully having you on the TrueFi playform very soon!