Nibbio Partners with Clearpool to Become a Borrower on the Protocol

We’re excited to announce our partnership with Nibbio.

Trading more than $5 billion in volume daily, Nibbio is a crypto quant trading firm based in Hong Kong known for its CeFi & DeFi market making. Nibbio specializes in developing high-frequency algorithmic trading and risk management systems.

Nibbio: Borrower Profile Interview

1. Company Background

Nibbio is a leading crypto-currency-only, market making and arbitraging firm.

After several years as high-frequency traders and developers in top-tier banks, we started our crypto journey in 2017 by developing our algos and risk management systems and were connected — at the time — to more than 150 crypto exchanges.

Since then, we have gone through all the stages of developing a leader in crypto market efficiency, starting from basic triangular arbitrages to market-neutral strategies on derivatives. We now provide liquidity across all the major trading venues — trading more than $5 billion volume daily.

2. Trading Strategy

Nibbio has grown over time and has run a variety of strategies: from our original triangular arbitrage, we moved into a more sustainable and scalable strategy.

We are best known for our market-neutral HFT strategy, running 24/7 and never suffered any daily drawdown — this strategy has zero delta exposure.

Over time we have also developed a few other profitable directional and DeFi strategies and have closed several major VC deals in the crypto-space.

3. Why are you looking to borrow capital now?

Capital is the core of the crypto business as the crypto market can be rather capital intensive. We are interested in borrowing capital to keep scaling our market making and arbitrage strategy and making crypto markets as efficient as possible.

Indeed, in large market volatility events, Nibbio and other market makers put their algos at play to keep providing liquidity in these market conditions. As the crypto market grows, it requires an ever-increasing amount of capital to do so.

4. Why are you interested in borrowing from Clearpool’s protocol compared to other available options?

Transparency and reliability are key in the crypto space, and the value proposition from Clearpool is totally aligned with Nibbio’s values.

We also value the fact that Clearpool is giving access to some yield generating crypto products to more and more lenders and, hence, democratizes investment in crypto for everyone, which is key according to us to develop the whole ecosystem.

Nibbio has always been working both ways with its lenders where, when we benefit from a protocol, we give back to it — in forms of promotion, visibility, and feedback to enhance the borrowers’ experience and lenders’ offering.

5. What size do you typically borrow and seek to borrow on Clearpool?

We typically would borrow anywhere in a range from 5mm to 30mm USD and hope we can steadily increase these amounts as we build trust with the community and attract lenders directly to our pool.

6. Why would the Clearpool community lend to Nibbio?

Nibbio has one of the strongest and most robust risk management systems across the crypto ecosystem and is on many occasions the first firm to report issues, bugs, trading latencies to its counterparts crypto exchanges — and we are praised for that.

Nibbio founders and the team have a large personal stake in its strategies and are, hence, even more, diligent in the way it operates.

7. Any media you would like to share with our community?

About Nibbio

Nibbio is a leading proprietary trading crypto market-making and arbitrage firm. Nibbio creates liquidity on the world’s best crypto exchanges and trading platforms — through algorithmic and high-frequency trading tools.

Website | Twitter | LinkedIn | Nibbio REKT (Twitter|Telegram)

About Clearpool

Clearpool is a Decentralized Capital Markets Ecosystem, where institutional borrowers can create single borrower liquidity pools and compete for uncollateralized liquidity directly from the DeFi ecosystem.

Liquidity providers on Clearpool can earn attractive yields, with pool interest rates enhanced by additional LP rewards paid in CPOOL — Clearpool’s utility and governance token.

Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit that will provide Clearpool LPs with risk management and hedging capabilities. As more institutions realize the benefits that decentralized finance can bring to their organizations, Clearpool will provide the new architecture to facilitate flows between the $120 trillion traditional capital markets and the burgeoning DeFi ecosystem.

Clearpool is backed by a long list of top investors from both traditional venture capital and blockchain, including Sequoia Capital India, Arrington Capital, Sino Global Capital, Hex Trust, Huobi Ventures, Kenetic, HashKey, and many more.

Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn | YouTube



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