Binance OTC settled a $43M block trade in one hour with zero fees as volumes rose 2.4x year-on-year.

Polymarket closes its first block trade as prediction market platforms target institutional investors and Wall Street adoption.

According to @GreeksLive, an RFQ market maker priced a 25 BTC block at $2.29M notional with a quote 61 bps tighter than the visible order book, saving the client $2,796.07 in slippage compared with sweeping the book (source: @GreeksLive). The execution was significantly better than the screen mid, highlighting price improvement from RFQ-based liquidity versus lit order books for this trade size (source: @GreeksLive). For traders handling similar BTC block sizes, RFQ workflows can reduce execution costs and implementation shortfall by securing negotiated quotes instead of crossing spreads on the book (source: @GreeksLive).

According to @GreeksLive, a market maker on the Greeks RFQ platform quoted a package trade 61 basis points better than the order book, saving $2,796.07 in slippage for the client (source: @GreeksLive on X). According to @GreeksLive, the multi-leg transaction totaled 25 BTC with a reported notional of 2.2919 million, outperforming the screen average price (source: @GreeksLive on X). According to @GreeksLive, this instance indicates lower execution costs for large BTC orders via RFQ versus screen execution in this trade (source: @GreeksLive on X).