Nov 2024 · 6 min read · Definitive Team

“Definitive has empowered us to deliver unmatched liquidity and execution for even the most thinly-traded memecoins, all while streamlining our operations. Their platform is an essential tool for any institutional player navigating the complexities of onchain trading. We’ve trusted them to trade millions in volume on behalf of our clients, and we aren’t slowing down.”
— Leading Crypto OTC Player
Altcoins are launching onchain every minute, with some growing to $100M+ and even $1B+ in market cap without ever being listed on CeFi exchanges. Institutional investors increasingly want access to this alpha via OTC desks, but many OTCs lack the onchain connectivity and advanced execution capabilities.
Definitive is filling this gap with its cutting-edge algorithmic execution and seamless access to 100+ onchain liquidity sources through its smart order router, empowering OTC desks to participate in this explosive market.
This case study dives into exactly how Definitive’s onchain trading platform enables our partners to obtain access to any asset onchain with superior execution and institutional-grade support.
Expanded Token Access: By leveraging Definitive’s trading platform, OTC desks access liquidity across 100+ DEXs, liquidity pools and market makers, allowing them to offer end-customers a significantly wider range of tokens, including small-caps and memecoins that are typically inaccessible through CeFi.
Optimal Execution Quality: Definitive’s advanced TWAP algorithm minimizes market impact, slippage, and risks from MEV and front-running, ensuring best-in-class execution.
Operational Efficiency: Definitive’s automated post-trade reporting provides comprehensive trade fill analytics, streamlining trade operations.
Definitive is an advanced onchain trading platform designed to bring institutional-grade trade execution to DeFi. Catering to OTC desks, crypto funds, and professional traders, Definitive’s smart order router aggregates liquidity across 100+ DEXs, liquidity pools and market makers to provide superior onchain execution prices. With support for any token on EVM and Solana, Definitive delivers the most powerful onchain trading experience with gas-abstracted, multi-chain trading through sophisticated algorithmic TWAPs, Limit, Stop and Market orders.
With new altcoins launching onchain every day and growing to significant market caps before ever being listed on CeFi, OTC desks are challenged in serving customers looking for exposure to trending tokens. OTC players must also provide superior execution and fast settlement to meet customer needs. Traditional CeFi venues and even specific DEXs fall short in offering access to long-tail assets and effective execution for large trades in low-liquidity markets. This often results in poor execution quality, higher slippage, and exposure to front-running.
Access to a Vast Asset Universe: Definitive’s smart order router is purpose-built to address the fragmented liquidity of DeFi markets. With connectivity to over 100 DEXs and liquidity venues on Solana, Base and major EVM chains, Definitive provides unmatched access to an ever-expanding asset universe, including small-cap assets and new launches that often remain inaccessible on CeFi. This access dramatically expands our clients’ offerings, allowing them to meet customer demand for trending new tokens.
Algorithmic Order Types for Optimal Execution: Definitive offers sophisticated order types, including TWAP, Limit Orders and Stop order for any asset pair, essential for executing large trades in low-liquidity environments. Our clients leverage Definitive’s algorithmic TWAP to break up orders into hundreds of small trade fills across multiple pools over time, minimizing price impact and slippage. Randomized fill size and times and execution through multiple Definitive proxy addresses obscure order flow to protect client privacy and mitigate front-running.
Smart Order Routing & Slippage Control: Key execution quality metrics, including price impact and slippage, are optimized through Definitive’s advanced routing algorithms. By directing trades dynamically across the best liquidity pools and setting smart slippage tolerances, Definitive minimizes MEV exposure and maximizes fill rates. Definitive’s clients report a significant reduction in slippage on small-cap assets, ensuring cost-efficient trades close to expected prices.
Comprehensive Post-Trade Fill Analytics: Definitive’s automated post-trade reporting consolidates detailed fill data and execution details into an exportable, auditable record. This automation streamlines trade operation workflows, enabling our clients to focus on customer engagement and avoid manually pulling data from block explorers. Post-trade data is also available via API.

Our OTC partners report meaningful qualitative improvements in operations, client trust and the overall level of services they are able to provide:
Expanded Token Universe: Access to multitudes more assets compared to CeFi venues allow OTC players to meet customer demand for emerging and hard-to-trade tokens.
Time Savings: Automated trade execution and reporting save clients trading high volumes several hours per day, freeing resources for higher-value tasks like relationship management.
Enhanced Trust: The ability to access a broad range of assets with reliable execution strengthens our clients’ reputations as leading service providers, gaining customer confidence.
Multi-Chain Efficiency: With support for EVM and Solana, our clients can manage multi-chain trading from a unified interface, streamlining workflows.
OTC Perspective on Definitive
For OTC clients, Definitive has become a cornerstone of onchain trading operations, enabling them to deliver on the promise of liquidity, best execution, and access to hard-to-trade assets. One OTC client reflects on the value of Definitive, stating:
“Definitive has empowered us to deliver unmatched liquidity and execution for even the most thinly-traded memecoins, all while streamlining our operations. Their platform is an essential tool for any institutional player navigating the complexities of onchain trading. We’ve trusted them to trade millions in volume on behalf of our clients, and we aren’t slowing down.”
Looking Ahead
As DeFi continues to evolve, Definitive remains committed to delivering institutional-grade solutions that unlock new value in onchain trading. For OTC desks, Definitive represents a crucial partner in an increasingly complex DeFi landscape.
Unlock superior trade execution and institutional-grade features with Definitive’s advanced onchain trading solution.
Visit us at www.definitive.fi or reach out to [email protected] to learn more and schedule a demo.
Definitive is the leading institutional DeFi platform for advanced onchain trade execution and automated DeFi yield strategies.
Disclosures:
This content is intended only for sophisticated investors; it is for informational purposes only and does not constitute the provision of investment advice. Client assumes full responsibility for its trading activity and should consult its advisors for its specific situation. Definitive is not registered as an investment advisor and Definitive assumes no liability, obligation, or responsibility for client decisions regarding the use of its trading platform and other products. Please see our Terms of Service for additional details.