MyTrade: market maker deal terms and record
MyTrade's founder pleaded guilty on 30 October 2024 to conspiracy to commit market manipulation and wire fraud, in the same FBI operation that caught Gotbit and CLS Global.
ConvictedPublic deals on record: 0.
Profile
| Deal models | paid volume generation |
| Legal record | Founder pleaded guilty 30 Oct 2024 to conspiracy to commit market manipulation and wire fraud (D. Mass.). Not named in the SEC release. |
Source: www.justice.gov, grade 5, primary document, checked 2026-09-13.
Public deals
No public deal terms found yet. If you have a MyTrade term sheet, a Contributor submission gets you access for free, and we never publish who sent it.
How market-maker deals usually look
The industry default is a token loan plus a call option. Across about 40 public DAO deals, loans ran at 1% to 5% of circulating supply for 12 to 24 months, with the strike set 25% to 100% above the TGE price, median 50% (WuBlockchain and the Wallfacer deal tracker, grade 4). A second source puts loans at 0.5% to 2% of supply; we show both, because the market has no agreed norm.
Want to see what an option is worth to the desk? Try the option calculator, or read our sample term sheet review. How rarely launches disclose these deals at all: 4 of 57.
Someone offering "volume support" or "market making" for a fee? Send us the offer; we check it within one business day.
Allegations are reported as allegations, with the outcome where one exists. A written comparison against public data, not legal or investment advice. We take no money from market makers.