Since inception, Routefire has sent over $1 billion of open order volume across its pipes. All Routefire algorithms have been extensively tested — at scale — by some of the biggest players in crypto.
Routefire provides industrial-grade execution technology that allows institutional players to enter the crypto market. By aggregating venues into a virtual consolidated liquidity pool, and providing traders with powerful algorithmic execution technologies to work potentially enormous orders, crypto is now ready for institutional-grade trading.
Hedge funds, asset managers, and family offices use Routefire to rebalance their book and
Crypto companies of all types use Routefire to move crypto to crypto or crypto to fiat, as needed by the services they offer.
OTC desks use Routefire to manage client order flow.
Whales use Routefire to trade their crypto portfolios, including altcoins.
New STOs and ICOs use Routefire to turn the crypto they raised into fiat currency.
Routefire provides sophisticated algorithms to optimally execute large crypto trades, doing at the speed of computers what OTC desks often do manually. All algorithms have fully tunable parameters, so your trades are executed according to your specific needs, and the cost is a fraction of an average OTC desk's fee.
Connectivity is at the heart of the Routefire mission. By connecting liquidity sources into a single consolidated whole, we enable all the complex execution algorithms the system provides — as well as any algorithms you might dream up using our well-documented, trader-friendly API.
Routefire acts like a crypto-broker, constantly working on your behalf to exeute your trades based on your preferences and views. The execution algorithms that drive this process can incorporate information faster than human traders, while still effectuating the specific views individual traders may have.
TWAP seeks to match or improve on the time-weighted average price over a time period you define, by placing orders are regular intervals over that period, constantly seeking to be top-of-book at the best venue, and taking liquidity when behind schedule.
Based on their views, the trader can tune the agressiveness of the algorithm to scale the block size logarithmically up or down as the price deviates from a moving average. This works well in range-bound markets, and poorly during volatile ones.
This algorithm is the "do it now" algorithm. It attempts to fill the order passively, and if unsuccessful after 10 seconds, takes liquidity to fill the remaining volume.
It is commonly used by crypto companies for whom speed-to-execution is paramount; crypto companies with longer delivery timeframes are typically better suited by using VWAP or TWAP.
This algorithm "layers" the order book so as to achieve a 100% passive execution that beats the realized volume-weighted average price. It is most commonly used to trade in large volume, avoiding the impact of transaction fees on the trade outcome, and mitigating the market impact commonly observed with large-volume trades.
The primary decision made by the trader is how to construct the layers — how many to place and how far apart. Tighter layers can result in higher fill ratios, but wider ones are able to benefit more from volatility.
Routefire provides a full suite of algorithmic execution technology for crypto assets.
Built to handle large volume transactions — whether rebalancing a portfolio or unloading mining proceeds.Join now
Best-in-class algorithms at your service. Beat the benchmark or get aggressive — the choice is yours.Join now
For quantitative traders looking to execute programatically, hedge funds looking to integrate with existing E/OMS platforms, and anything in between.Join now
Price improvement is at the heart of the Routefire mission. Our algorithms deliver 1% to 6% price improvement, on average.Join now
If you'd like to use Routefire, or to learn more about the company, please contact us using the form below.