Uploaded March 2026 | Updated September 2026, 3 days ago
In this episode, we speak with Jonathan Mathai, Director at G20 Strategies, to unpack how market making works across crypto, DeFi, and traditional finance. Jonathan explains the role of market makers, how liquidity is created in both order book and AMM-based markets, and why uptime, slippage, and volume matter for healthy market structure. The conversation also explores yield generation, risk management, hedging strategies, and how market makers navigate volatility, MEV, and emerging tools like AI as crypto markets continue to mature.
These podcasts are produced by the Cardano Foundation. The views expressed in these podcasts are solely those of the participants and do not represent the opinions of the Cardano Foundation. These podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. The Cardano Foundation does not guarantee or make any warranties as to the accuracy, timeliness, or suitability of the information in these podcasts. The Cardano Foundation has no responsibility or liability for: any claim attributable to errors, omissions, or other inaccuracies in these podcasts; or for any decision, other acts or omissions made in connection with your use of the information presented in these podcasts. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by the Cardano Foundation or by the participants in these podcasts.
This page may contain links to third-party sites that are not under the control of the Cardano Foundation. Access to such information does not imply association with, endorsement of, approval of, or recommendation by the Cardano Foundation of the site or its operators, and the Cardano Foundation is not responsible for the products, services, or other content hosted therein.
In this episode, we speak with Jonathan Mathai, Director at G20 Strategies, to unpack how market making works across crypto, DeFi, and traditional finance. Jonathan explains the role of market makers, how liquidity is created in both order book and AMM-based markets, and why uptime, slippage, and volume matter for healthy market structure. The conversation also explores yield generation, risk management, hedging strategies, and how market makers navigate volatility, MEV, and emerging tools like AI as crypto markets continue to mature.
These podcasts are produced by the Cardano Foundation. The views expressed in these podcasts are solely those of the participants and do not represent the opinions of the Cardano Foundation. These podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. The Cardano Foundation does not guarantee or make any warranties as to the accuracy, timeliness, or suitability of the information in these podcasts. The Cardano Foundation has no responsibility or liability for: any claim attributable to errors, omissions, or other inaccuracies in these podcasts; or for any decision, other acts or omissions made in connection with your use of the information presented in these podcasts. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by the Cardano Foundation or by the participants in these podcasts.
This page may contain links to third-party sites that are not under the control of the Cardano Foundation. Access to such information does not imply association with, endorsement of, approval of, or recommendation by the Cardano Foundation of the site or its operators, and the Cardano Foundation is not responsible for the products, services, or other content hosted therein.
