TechFlow news — On November 25, Vida, founder of Equations, stated on his personal channel: "What is truly starting to significantly hurt our company's profits are the recent market maker protection measures rolled out by major exchanges, designed to prevent informed traders and latency arbitrageurs from excessively exploiting market makers.
Binance, Bybit, and OKX have all begun introducing special order types exclusively for market makers—RPI orders that only match with retail traders.
This is similar to Hyperliquid's approach for protecting market makers.
I expect my news trading business profits to decline by 30–50%, or even more.
As an increasing number of centralized exchange market makers adopt RPI order books, they now have the option to choose whether or not to match with me."
