A new player in the institutional dark pool has arrived: GoDark aims to disrupt large-scale encryption transactions.

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I heard an interesting piece of news yesterday - GoDark officially launched its institutional-level dark pool service, backed by two major players, Copper and GSR.

Why is this important?

Those who have made large transactions know that pain point: you want to buy a large amount of BTC/ETH in one go, but placing the order crashes the market, and slippage instantly eats into your profits. The traditional stock market has dark pools to solve this problem, but the crypto market has always lacked this.

The logic of GoDark is clear - it combines the liquidity depth of CEX with the privacy of OTC, while taking into account the high volatility and fragmented liquidity characteristics of crypto assets. In simple terms: institutions can quietly execute large orders here without affecting the market price, and there is a price protection mechanism in place.

Who is using it now?

FRNT Financial, Stillman Digital, Fasanara Capital, and Capital Union Bank have become the first users. In the initial stage, they will start with spot trading, and later plan to expand to perpetual contracts, standard futures, and options.

Technical Highlights:

  • Ultra-low latency order matching
  • Immutable settlement
  • Execution Price Protection Mechanism

The perspective of Denis Dariotis, the founder of GoQuant, is quite interesting: there is indeed no real institutional-grade dark pool in the crypto market, which is why large trades have moved to OTC. What GoDark aims to do is bring this market back from OTC to the on-chain ecosystem.

From an infrastructure perspective, this fills a real market gap. As institutional participation deepens, the demand for trading infrastructure will only increase.

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