{"id":8664,"date":"2024-08-27T09:00:00","date_gmt":"2024-08-27T07:00:00","guid":{"rendered":"https:\/\/www.blog.bim.finance\/?p=8664"},"modified":"2024-08-26T18:01:03","modified_gmt":"2024-08-26T16:01:03","slug":"quest-ce-quun-market-maker","status":"publish","type":"post","link":"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-market-maker\/","title":{"rendered":"Qu\u2019est-ce qu\u2019un Market Maker ?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"8664\" class=\"elementor elementor-8664\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4dd4b63 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4dd4b63\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d9bd31\" data-id=\"5d9bd31\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59a791a elementor-widget elementor-widget-heading\" data-id=\"59a791a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Comprendre le R\u00f4le du Market Maker<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8f2480 elementor-widget elementor-widget-text-editor\" data-id=\"a8f2480\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Un <strong>market maker<\/strong> est une entit\u00e9 ou un individu qui se sp\u00e9cialise dans la fourniture de liquidit\u00e9 sur les march\u00e9s financiers.<\/p><p>En termes simples, un market maker est toujours<strong> pr\u00eat \u00e0 acheter ou \u00e0 vendre un actif \u00e0 tout moment, garantissant ainsi qu&rsquo;il y ait toujours un acheteur ou un vendeur pour cet actif.<\/strong> Cela est particuli\u00e8rement crucial dans les march\u00e9s des cryptomonnaies, o\u00f9 les fluctuations de prix peuvent \u00eatre rapides et intenses.<\/p><p>Dans l&rsquo;univers des cryptomonnaies, les market makers op\u00e8rent en grande partie sur des <a href=\"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-cex\/\">plateformes centralis\u00e9es<\/a> (CEX) telles que Binance, ainsi que sur des <a href=\"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-dex\/\">plateformes d\u00e9centralis\u00e9es<\/a> (DEX) comme <a href=\"https:\/\/www.blog.bim.finance\/en\/uniswap-uni-lechangeur-decentralisee-sur-ethereum\/\">Uniswap<\/a>. Leur mission est de s&rsquo;assurer que les traders peuvent \u00e9changer des cryptomonnaies sans \u00eatre limit\u00e9s par un manque de liquidit\u00e9.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a356fa3 elementor-widget elementor-widget-heading\" data-id=\"a356fa3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Comment Fonctionne un Market Maker ?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d452776 elementor-widget elementor-widget-text-editor\" data-id=\"d452776\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Les market makers utilisent des algorithmes complexes et des logiciels avanc\u00e9s pour ex\u00e9cuter leur mission. Ces algorithmes sont con\u00e7us pour ajuster en permanence les prix d&rsquo;achat (bid) et de vente (ask) en fonction des conditions du march\u00e9, tout en maintenant <strong>une marge entre ces prix, connue sous le nom de spread.<\/strong><\/p><p><strong> Le spread est la source principale de profit pour les market makers.<\/strong><\/p><p>Par exemple, lorsqu&rsquo;un trader souhaite acheter une cryptomonnaie, le market maker est pr\u00eat \u00e0 vendre cette cryptomonnaie \u00e0 un prix <strong>l\u00e9g\u00e8rement sup\u00e9rieur au prix du march\u00e9 (ask).<\/strong><\/p><p>\u00c0 l&rsquo;inverse, lorsqu&rsquo;un trader souhaite vendre, le market maker est pr\u00eat \u00e0 acheter \u00e0 un prix <strong>l\u00e9g\u00e8rement inf\u00e9rieur au prix du march\u00e9 (bid).<\/strong><\/p><p>En ajustant constamment ces prix, les market makers aident \u00e0 lisser les variations des prix et \u00e0 maintenir la stabilit\u00e9 du march\u00e9.<\/p><p>C&rsquo;est notamment gr\u00e2ce \u00e0 \u00e7a que les bougies du march\u00e9 sont propres, exemple avec cette image avant et apr\u00e8s l&rsquo;utilisation d&rsquo;un Market Maker :<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88c2000 elementor-widget elementor-widget-image\" data-id=\"88c2000\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"338\" src=\"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?fit=800%2C338&amp;ssl=1\" class=\"attachment-large size-large wp-image-8669\" alt=\"Market Maker exemple\" srcset=\"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?w=1920&amp;ssl=1 1920w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?resize=300%2C127&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?resize=1024%2C433&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?resize=768%2C325&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?resize=1536%2C649&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout2.webp?w=1600&amp;ssl=1 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a350c10 elementor-widget elementor-widget-text-editor\" data-id=\"a350c10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><em>Exemple de l&rsquo;avant (peu de bougies, prix pas stable) et l&rsquo;apr\u00e8s (courbe propre et march\u00e9 plus stable) gr\u00e2ce \u00e0 l&rsquo;utilisation d&rsquo;un Market Maker<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ef3a8a elementor-widget elementor-widget-heading\" data-id=\"5ef3a8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Market Makers sur les CEX et DEX\n<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de41666 elementor-widget elementor-widget-text-editor\" data-id=\"de41666\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Les <strong>market makers<\/strong> fonctionnent \u00e0 la fois sur les plateformes centralis\u00e9es (CEX) et d\u00e9centralis\u00e9es (DEX), mais leur r\u00f4le diff\u00e8re l\u00e9g\u00e8rement selon le type de plateforme.<\/p><ul><li><p><strong>Sur les CEX. <\/strong>Les market makers sur les plateformes centralis\u00e9es comme Binance ou Coinbase utilisent des carnets d&rsquo;ordres (order books) o\u00f9 <strong>ils placent des ordres d&rsquo;achat et de vente pour assurer la <a href=\"https:\/\/www.blog.bim.finance\/en\/quest-ce-que-la-liquidite-sur-les-marches-crypto\/\">liquidit\u00e9<\/a><\/strong>. Leur but est de maintenir un spread serr\u00e9 entre les prix d&rsquo;achat et de vente, facilitant ainsi les transactions pour les traders. <br \/><br \/>Ils peuvent \u00e9galement fournir des services suppl\u00e9mentaires, comme la gestion des risques et la couverture des positions.<\/p><\/li><li><p><strong>Sur les DEX.<\/strong>\u00a0Les market makers sur les plateformes d\u00e9centralis\u00e9es comme Uniswap fonctionnent diff\u00e9remment. Plut\u00f4t que d&rsquo;utiliser un carnet d&rsquo;ordres, ces plateformes reposent sur des protocoles automatis\u00e9s, connus sous le nom <strong>d&rsquo;Automated Market Makers (AMM).<\/strong> <br \/><br \/>Les market makers y fournissent de la liquidit\u00e9 en d\u00e9posant des paires d&rsquo;actifs dans des pools de liquidit\u00e9, o\u00f9 les prix sont d\u00e9termin\u00e9s par des formules math\u00e9matiques en fonction des quantit\u00e9s d&rsquo;actifs dans le pool. <br \/><br \/>Ici, le r\u00f4le du market maker est de maintenir l&rsquo;\u00e9quilibre des pools tout en g\u00e9n\u00e9rant des revenus \u00e0 partir des frais de transaction pay\u00e9s par les utilisateurs du pool.<\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70fb9af elementor-widget elementor-widget-heading\" data-id=\"70fb9af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Les Avantages des Market Makers<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f13c827 elementor-widget elementor-widget-text-editor\" data-id=\"f13c827\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Les market makers apportent plusieurs avantages cruciaux aux march\u00e9s des cryptomonnaies :<\/p><ol><li><p><strong>Liquidit\u00e9 am\u00e9lior\u00e9e<\/strong>. En \u00e9tant toujours pr\u00eats \u00e0 acheter ou vendre des actifs, les market makers assurent qu&rsquo;il y ait toujours un flux constant d&rsquo;\u00e9changes. Cela \u00e9vite les situations o\u00f9 les traders ne pourraient pas acheter ou vendre leurs actifs faute de contrepartie.<\/p><\/li><li><p><strong>Stabilit\u00e9 des Prix.<\/strong>\u00a0En ajustant constamment leurs offres d&rsquo;achat et de vente, les market makers contribuent \u00e0 r\u00e9duire la volatilit\u00e9 des prix. Ils permettent de lisser les fluctuations brusques et de maintenir des march\u00e9s plus stables.<\/p><\/li><li><p><strong>R\u00e9duction des Spreads<\/strong>. En pla\u00e7ant continuellement des ordres d&rsquo;achat et de vente, les market makers r\u00e9duisent l&rsquo;\u00e9cart entre les prix d&rsquo;achat et de vente (spread). Cela permet aux traders d&rsquo;acheter et de vendre \u00e0 des prix plus proches de la valeur r\u00e9elle de l&rsquo;actif, r\u00e9duisant ainsi les co\u00fbts de transaction.<\/p><\/li><li><p><strong>Efficacit\u00e9 du March\u00e9.<\/strong>\u00a0Les market makers contribuent \u00e0 une meilleure d\u00e9couverte des prix en fournissant en permanence des prix d&rsquo;achat et de vente. Cela garantit que les actifs sont \u00e9chang\u00e9s \u00e0 des prix qui refl\u00e8tent fid\u00e8lement leur valeur marchande.<\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b68bb33 elementor-widget elementor-widget-heading\" data-id=\"b68bb33\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Le petit moins ?<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecaf27a elementor-widget elementor-widget-text-editor\" data-id=\"ecaf27a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Un Market Maker est tr\u00e8s on\u00e9reux, pour maintenant le prix d&rsquo;un jeton sur une plateforme, cela peut co\u00fbter plusieurs centaines voir milliers de dollars par mois.<\/p><p>De plus, les grosses plateformes centralis\u00e9es ont souvent pour condition lors d&rsquo;un nouveau listing d&rsquo;avoir un Market Maker, ce qui fait facilement des frais en plus.<\/p><p>Pour des jeunes projets qui se lancent, c&rsquo;est un \u00e9norme budget n\u00e9cessaire \u00e0 la progression et \u00e0 la stabilit\u00e9 de leurs jetons.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2649835 elementor-widget elementor-widget-heading\" data-id=\"2649835\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Exemple de Market Maker : MMDynamix<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d642e9d elementor-widget elementor-widget-text-editor\" data-id=\"d642e9d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Pour illustrer concr\u00e8tement comment fonctionne un market maker, prenons l&rsquo;exemple de <strong>MMDynamix<\/strong>, un acteur dans le domaine du market making en cryptomonnaie.<\/p><p><strong>MMDynamix<\/strong> offre une gamme compl\u00e8te de services con\u00e7us pour am\u00e9liorer la liquidit\u00e9 et l&rsquo;efficacit\u00e9 des march\u00e9s de cryptomonnaies. Voici un aper\u00e7u d\u00e9taill\u00e9 de ce que propose MMDynamix :<\/p><h5>1. <strong>Cr\u00e9ation de march\u00e9s liquides et efficaces<\/strong><\/h5><p>MMDynamix se sp\u00e9cialise dans la cr\u00e9ation de march\u00e9s o\u00f9 la liquidit\u00e9 est optimale. Leur approche repose sur l&rsquo;utilisation d&rsquo;algorithmes avanc\u00e9s qui ajustent automatiquement les ordres autour du prix m\u00e9dian du march\u00e9. Cela incite les traders \u00e0 effectuer des transactions plus importantes en assurant que les prix restent comp\u00e9titifs et proches de la valeur r\u00e9elle du march\u00e9.<\/p><h5>2. <strong>Pricing comp\u00e9titif<\/strong><\/h5><p>L&rsquo;un des principaux objectifs de MMDynamix est de r\u00e9duire les \u00e9carts entre les prix d&rsquo;achat et de vente (bid-ask spread). En maintenant ces \u00e9carts aussi \u00e9troits que possible, <strong>MMDynamix permet aux traders d&rsquo;\u00e9changer des cryptomonnaies \u00e0 des valeurs justes<\/strong>, r\u00e9duisant ainsi les co\u00fbts associ\u00e9s aux transactions.<\/p><h5>3. <strong>Alignement des Prix sur plusieurs plateformes<\/strong><\/h5><p>MMDynamix assure une coh\u00e9rence des prix entre plusieurs plateformes d&rsquo;\u00e9change, <strong>qu&rsquo;elles soient centralis\u00e9es ou d\u00e9centralis\u00e9es.<\/strong> Cette approche permet de capturer les opportunit\u00e9s d&rsquo;arbitrage, o\u00f9 des diff\u00e9rences de prix peuvent appara\u00eetre entre diff\u00e9rentes plateformes, et d&rsquo;unifier les prix pour \u00e9viter des disparit\u00e9s significatives.<\/p><h5>4. <strong>Infrastructure et Support Multiplateformes<\/strong><\/h5><p>MMDynamix offre un support complet pour le market making sur toutes les plateformes d&rsquo;\u00e9change de cryptomonnaies. Que ce soit sur des CEX ou des DEX, leur infrastructure est con\u00e7ue pour g\u00e9rer efficacement la liquidit\u00e9.<\/p><p>Leurs algorithmes peuvent adapter les strat\u00e9gies de market making aux diff\u00e9rents mod\u00e8les de march\u00e9, tels que les carnets d&rsquo;ordres centralis\u00e9s (CLOB) et les Automated Market Makers (AMM) concentr\u00e9s.<\/p><h5>5. <strong>Expert D\u00e9dicac\u00e9<\/strong><\/h5><p>MMDynamix va plus loin en assignant un expert d\u00e9di\u00e9 \u00e0 chaque projet client.<\/p><p>Cet expert travaille en \u00e9troite collaboration avec le client pour s&rsquo;assurer que les strat\u00e9gies de market making sont optimis\u00e9es et pour fournir un retour d&rsquo;information rapide et adapt\u00e9 aux besoins sp\u00e9cifiques du projet.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2f7767 elementor-widget elementor-widget-image\" data-id=\"c2f7767\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mmdynamix.com\/en\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"148\" src=\"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?fit=800%2C148&amp;ssl=1\" class=\"attachment-large size-large wp-image-8676\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?w=1920&amp;ssl=1 1920w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?resize=300%2C56&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?resize=1024%2C190&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?resize=768%2C142&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?resize=1536%2C285&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/logo_black.webp?w=1600&amp;ssl=1 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d898e6 elementor-widget elementor-widget-text-editor\" data-id=\"4d898e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Les <strong>market makers<\/strong> comme MMDynamix sont indispensables pour le bon fonctionnement des march\u00e9s des cryptomonnaies.<\/p><p>En assurant une liquidit\u00e9 constante, en r\u00e9duisant les spreads, et en stabilisant les prix, ils contribuent \u00e0 cr\u00e9er des march\u00e9s plus efficaces et accessibles.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Les cryptomonnaies ont r\u00e9volutionn\u00e9 la finance moderne, cr\u00e9ant des march\u00e9s dynamiques et volatils o\u00f9 les transactions se d\u00e9roulent \u00e0 une vitesse fulgurante. Dans cet univers, les market makers jouent un r\u00f4le essentiel en assurant la liquidit\u00e9, la stabilit\u00e9 et l&rsquo;efficacit\u00e9 des \u00e9changes. Mais que sont exactement les market makers, et comment influencent-ils les march\u00e9s des cryptomonnaies, aussi bien sur les plateformes centralis\u00e9es (CEX) que d\u00e9centralis\u00e9es (DEX) ?<\/p>","protected":false},"author":4,"featured_media":8668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[16],"tags":[],"ppma_author":[147],"class_list":["post-8664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lexique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Qu\u2019est-ce qu\u2019un Market Maker ?<\/title>\n<meta name=\"description\" content=\"D\u00e9couvrez le r\u00f4le essentiel d&#039;un market maker en cryptomonnaie, et comment ils assurent la liquidit\u00e9 sur l&#039;enti\u00e8ret\u00e9 du march\u00e9.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-market-maker\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qu\u2019est-ce qu\u2019un Market Maker ?\" \/>\n<meta property=\"og:description\" content=\"D\u00e9couvrez le r\u00f4le essentiel d&#039;un market maker en cryptomonnaie, et comment ils assurent la liquidit\u00e9 sur l&#039;enti\u00e8ret\u00e9 du march\u00e9.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-market-maker\/\" \/>\n<meta property=\"og:site_name\" content=\"BIM Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-27T07:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"952\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Kylian Bedouet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kylian_bed\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kylian Bedouet\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/\"},\"author\":{\"name\":\"Kylian Bedouet\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#\\\/schema\\\/person\\\/9ee9a2eb477a379ae97ee6645aaf3031\"},\"headline\":\"Qu\u2019est-ce qu\u2019un Market Maker ?\",\"datePublished\":\"2024-08-27T07:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/\"},\"wordCount\":1250,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1\",\"articleSection\":[\"Lexique\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/\",\"url\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/\",\"name\":\"Qu\u2019est-ce qu\u2019un Market Maker ?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1\",\"datePublished\":\"2024-08-27T07:00:00+00:00\",\"description\":\"D\u00e9couvrez le r\u00f4le essentiel d'un market maker en cryptomonnaie, et comment ils assurent la liquidit\u00e9 sur l'enti\u00e8ret\u00e9 du march\u00e9.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1\",\"width\":1920,\"height\":952,\"caption\":\"Market Maker\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/quest-ce-quun-market-maker\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/www.blog.bim.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blockchain\",\"item\":\"https:\\\/\\\/www.blog.bim.finance\\\/category\\\/blockchain\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Lexique\",\"item\":\"https:\\\/\\\/www.blog.bim.finance\\\/category\\\/blockchain\\\/lexique\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Qu\u2019est-ce qu\u2019un Market Maker ?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#website\",\"url\":\"https:\\\/\\\/www.blog.bim.finance\\\/\",\"name\":\"BIM Blog\",\"description\":\"BIM Blog\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.blog.bim.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#organization\",\"name\":\"BIM Blog\",\"url\":\"https:\\\/\\\/www.blog.bim.finance\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/bim_blog_v3.png?fit=2403%2C475&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/bim_blog_v3.png?fit=2403%2C475&ssl=1\",\"width\":2403,\"height\":475,\"caption\":\"BIM Blog\"},\"image\":{\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/#\\\/schema\\\/person\\\/9ee9a2eb477a379ae97ee6645aaf3031\",\"name\":\"Kylian Bedouet\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/kylian-bedouet_avatar-96x96.jpeg02baf6eea8077556f6925d7ff7883411\",\"url\":\"https:\\\/\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/kylian-bedouet_avatar-96x96.jpeg\",\"contentUrl\":\"https:\\\/\\\/www.blog.bim.finance\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/kylian-bedouet_avatar-96x96.jpeg\",\"caption\":\"Kylian Bedouet\"},\"description\":\"CMO BIM Finance | Expert r\u00e9f\u00e9rencement Web Investisseur et passionn\u00e9 Blockchain \\\/ Web 3.0\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/kylian-bedouet\\\/\",\"https:\\\/\\\/x.com\\\/kylian_bed\"],\"url\":\"https:\\\/\\\/www.blog.bim.finance\\\/en\\\/author\\\/kylianbedouet\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Qu\u2019est-ce qu\u2019un Market Maker ?","description":"D\u00e9couvrez le r\u00f4le essentiel d'un market maker en cryptomonnaie, et comment ils assurent la liquidit\u00e9 sur l'enti\u00e8ret\u00e9 du march\u00e9.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-market-maker\/","og_locale":"en_GB","og_type":"article","og_title":"Qu\u2019est-ce qu\u2019un Market Maker ?","og_description":"D\u00e9couvrez le r\u00f4le essentiel d'un market maker en cryptomonnaie, et comment ils assurent la liquidit\u00e9 sur l'enti\u00e8ret\u00e9 du march\u00e9.","og_url":"https:\/\/www.blog.bim.finance\/en\/quest-ce-quun-market-maker\/","og_site_name":"BIM Blog","article_published_time":"2024-08-27T07:00:00+00:00","og_image":[{"width":1920,"height":952,"url":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1","type":"image\/webp"}],"author":"Kylian Bedouet","twitter_card":"summary_large_image","twitter_creator":"@kylian_bed","twitter_misc":{"Written by":"Kylian Bedouet","Estimated reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#article","isPartOf":{"@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/"},"author":{"name":"Kylian Bedouet","@id":"https:\/\/www.blog.bim.finance\/#\/schema\/person\/9ee9a2eb477a379ae97ee6645aaf3031"},"headline":"Qu\u2019est-ce qu\u2019un Market Maker ?","datePublished":"2024-08-27T07:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/"},"wordCount":1250,"commentCount":0,"publisher":{"@id":"https:\/\/www.blog.bim.finance\/#organization"},"image":{"@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1","articleSection":["Lexique"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/","url":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/","name":"Qu\u2019est-ce qu\u2019un Market Maker ?","isPartOf":{"@id":"https:\/\/www.blog.bim.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#primaryimage"},"image":{"@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1","datePublished":"2024-08-27T07:00:00+00:00","description":"D\u00e9couvrez le r\u00f4le essentiel d'un market maker en cryptomonnaie, et comment ils assurent la liquidit\u00e9 sur l'enti\u00e8ret\u00e9 du march\u00e9.","breadcrumb":{"@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#primaryimage","url":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1","width":1920,"height":952,"caption":"Market Maker"},{"@type":"BreadcrumbList","@id":"https:\/\/www.blog.bim.finance\/quest-ce-quun-market-maker\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/www.blog.bim.finance\/"},{"@type":"ListItem","position":2,"name":"Blockchain","item":"https:\/\/www.blog.bim.finance\/category\/blockchain\/"},{"@type":"ListItem","position":3,"name":"Lexique","item":"https:\/\/www.blog.bim.finance\/category\/blockchain\/lexique\/"},{"@type":"ListItem","position":4,"name":"Qu\u2019est-ce qu\u2019un Market Maker ?"}]},{"@type":"WebSite","@id":"https:\/\/www.blog.bim.finance\/#website","url":"https:\/\/www.blog.bim.finance\/","name":"BIM Blog","description":"BIM Blog","publisher":{"@id":"https:\/\/www.blog.bim.finance\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.blog.bim.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.blog.bim.finance\/#organization","name":"BIM Blog","url":"https:\/\/www.blog.bim.finance\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.blog.bim.finance\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2023\/09\/bim_blog_v3.png?fit=2403%2C475&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2023\/09\/bim_blog_v3.png?fit=2403%2C475&ssl=1","width":2403,"height":475,"caption":"BIM Blog"},"image":{"@id":"https:\/\/www.blog.bim.finance\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.blog.bim.finance\/#\/schema\/person\/9ee9a2eb477a379ae97ee6645aaf3031","name":"Kylian Bedouet","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.blog.bim.finance\/wp-content\/uploads\/2023\/10\/kylian-bedouet_avatar-96x96.jpeg02baf6eea8077556f6925d7ff7883411","url":"https:\/\/www.blog.bim.finance\/wp-content\/uploads\/2023\/10\/kylian-bedouet_avatar-96x96.jpeg","contentUrl":"https:\/\/www.blog.bim.finance\/wp-content\/uploads\/2023\/10\/kylian-bedouet_avatar-96x96.jpeg","caption":"Kylian Bedouet"},"description":"CMO BIM Finance | Expert r\u00e9f\u00e9rencement Web Investisseur et passionn\u00e9 Blockchain \/ Web 3.0","sameAs":["https:\/\/www.linkedin.com\/in\/kylian-bedouet\/","https:\/\/x.com\/kylian_bed"],"url":"https:\/\/www.blog.bim.finance\/en\/author\/kylianbedouet\/"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.blog.bim.finance\/wp-content\/uploads\/2024\/08\/image_darticle_27_aout.webp?fit=1920%2C952&ssl=1","jetpack_sharing_enabled":true,"authors":[{"term_id":147,"user_id":4,"is_guest":0,"slug":"kylianbedouet","display_name":"Kylian Bedouet","avatar_url":"https:\/\/www.blog.bim.finance\/wp-content\/uploads\/2023\/10\/kylian-bedouet_avatar-96x96.jpeg","author_category":"","first_name":"Kylian","last_name":"Bedouet","user_url":"","job_title":"","description":"CMO BIM Finance | Expert r\u00e9f\u00e9rencement Web Investisseur et passionn\u00e9 Blockchain \/ Web 3.0"}],"_links":{"self":[{"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/posts\/8664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/comments?post=8664"}],"version-history":[{"count":14,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/posts\/8664\/revisions"}],"predecessor-version":[{"id":8681,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/posts\/8664\/revisions\/8681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/media\/8668"}],"wp:attachment":[{"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/media?parent=8664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/categories?post=8664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/tags?post=8664"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.blog.bim.finance\/en\/wp-json\/wp\/v2\/ppma_author?post=8664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}