Today's guest is Wesley Pryor, the founder of Acheron Trading, a digital asset market maker. You can learn more about Wesley on X: https://twitter.com/wes_dewayneAnd his firm on their blog: https://acherontrading.com/blog00:00 - The role of market makers06:00 - Listing tokens on exchanges08:13 - How market makers get paid14:06 - Market making in crypto vs traditional finance17:25 - The risk of mispriced options20:00 - Wesley’s background and Acheron’s story27:25 - Acheron’s thesis on providing liquidity29:50 - Transparency in market making32:52 - Predatory market makers41:30 - Loan and call options50:45 - Examples of predatory token launches56:03 - Different types of market making58:04 - Enforcement of standards in crypto market making59:40 - Future predictions for crypto market makingTo learn more about Wallfacer Labs, you can follow us on X: https://twitter.com/wallfacerlabsOr our host, Ryan Rodenbaugh: https://twitter.com/RyanRodenbaugh This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wallfacerlabs.substack.com