Wintermute Founder Casts a Cold Eye on Crypto’s Direction
February 5, 2026
Wintermute founder Evgeny Gaevoy offered a blunt assessment of crypto’s current condition on Wednesday, arguing that the industry has stalled on substance even as speculation continues to dominate attention.
Gaevoy Criticizes Stablecoins, Perp Exchanges, and Token Design
In a published on X on Feb. 4, 2026, Gaevoy, CEO of market-making firm , dismissed ongoing debates between competing…