According to ChainCatcher news, the on-chain analyst @ai_9684xtpa analyzed that currently 64% of the tokens in Wintermute's market-making Meme coin TOP25 holdings have been listed on Binance, of which only 6 have been listed on both spot and futures, while the rest are only listed on contracts.

For market makers, the hit rate of this proportion on the platform is already very high; for recently added market-making projects or projects with a higher holding ratio, the proportion may even be higher. The Meme coins that participate in market making but have not yet been listed on Binance include: PEPECOIN, APU, SPX, COQ, MANEKI, michi, MOTHER, REKT (a newly added market-making project three days ago), BENJI (the project with the lowest market cap among the TOP25 holdings).

The common features of the tokens that Wintermute participates in market making and are listed on Binance include:

1. The community's enthusiasm is high enough;

2. The market cap before listing on Binance is greater than 10 million USD and less than 500 million USD;

3. The initial holding ratio of Wintermute is no less than 1%.

Recent significant data changes in Wintermute's holdings are as follows: 1. The holding ratio of NEIRO (in uppercase) surged by 13.57%, making it the token with the highest holding ratio currently; 2. GOAT surpassed MOODENG to become the top Meme coin by holding; 3. The value of POPCAT's position has increased to 18.1 million USD, ranking third; 4. REKT is its latest market-making project.