Hassan Maishera
On Tuesday, Polygon Labs announced via a blog post that it has partnered with Manifold Trading, a quantitative investment firm, to strengthen DeFi liquidity and onchain markets in the Polygon ecosystem.
The collaboration introduces institutional-grade market-making, tighter spreads, and continuous liquidity across Polygon’s DeFi ecosystem. Manifold will deploy quantitative market-making and arbitrage strategies across Polygon’s major decentralized exchanges to close those gaps. The firm will also work with emerging DeFi protocols to ensure new markets launch with meaningful depth from day one, a prerequisite for institutional trading activity.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is down 2% in the last 24 hours and trades at $0.1946.
