Cicada Market Making is a full-service market-making provider that offers comprehensive solutions to enhance the liquidity of crypto tokens. Established in 2021, the company caters to crypto projects at various stages, providing market-making, listing support, and advisory services to ensure sustainable market presence and price stability for its clients. Based in Dubai, Cicada prides itself on leveraging advanced algorithmic strategies and a deep network of partnerships to serve over 50 projects globally. [2][1]
Overview
Cicada aims to streamline the process of entering the cryptocurrency market by assisting projects from their inception through to listing and ongoing market maintenance. The primary goal of Cicada is to offer tailored solutions that enhance a project's market penetration, ensuring liquidity and optimal trading conditions. With a team of seasoned professionals and a vast array of strategies, Cicada is equipped to tackle the various challenges associated with market-making, such as maintaining tight spreads and reducing volatility. [2]
Services
Cicada provides a range of market-making services designed to cater to the diverse needs of its clients:
Market Making: Cicada designs custom market-making strategies that are adaptable to a client's specific scale and objectives. This includes deploying proprietary trading algorithms and maintaining robust order books across over 30 centralized and decentralized exchanges. [2]
Listing Support: The company assists in navigating the intricacies of the exchange listing process, leveraging its experience from handling thousands of exchange listings to maximize launch impact and ensure strong liquidity from day one. [2]
Advisory Services: Cicada offers a full spectrum of marketing and advisory services, including influencer marketing and digital campaigns, supported by analytics and optimization options aimed at fulfilling specific business goals. [2]
OTC Desk: For large trades that need to be executed off-exchange, Cicada connects clients to deep liquidity through a trusted partner network, delivering competitive pricing and flexible settlement terms. [2]
Products
According to the company, Cicada has developed several products alongside its market-making business.
Up10
Up10 is a launchpad designed to support blockchain projects during fundraising and token launches. [2]
PromptRise
PromptRise is an AI visibility platform that aims to improve how blockchain projects appear across AI-powered search engines and large language models. [2]
TokenLockr
TokenLockr is a token management platform that enables projects to lock digital assets and configure KPI-based token unlock schedules. [7]
Technology and Infrastructure
Cicada operates on a fully proprietary trading platform developed in-house using C++, which is renowned for its speed and efficiency in high-frequency trading systems.
The platform supports;
Complex algorithmic for market-making
High-frequency trading systems
Cross-exchange arbitrage
CEX-DEX arbitrage
Risk management tools
Trading analytics dashboards
This technological backbone ensures that Cicada can provide precise execution and maintain liquidity across multiple trading venues. [2]
Use Cases
Cicada's solutions are beneficial for various use cases including;
Cicada has participated in collaborations with blockchain projects and ecosystem organizations focused on liquidity provision, token launches, infrastructure development, and ecosystem growth.
Sonic Labs and Shadow
In February 2025, Cicada announced a strategic investment in Sonic Labs, an EVM-compatible blockchain network. According to the announcement, the investment was intended to support the Sonic ecosystem. In September 2025, Cicada also announced the deployment of its DeFi Liquidity Provision Fund to provide liquidity support for Shadow, a decentralized exchange operating on the Sonic network. [3][4]
Blocklogica
In October 2025, Cicada partnered with Blocklogica to launch the Catalyst Token Launch Program, an initiative designed to support blockchain projects preparing for their token generation event (TGE). According to the partners, the program combines Blocklogica's advisory and investor network with Cicada's market making, exchange listing, and liquidity management services. [5]
U2U Foundation
In July 2025, Cicada and the U2U Foundation announced a grant program for projects building in sectors including decentralized physical infrastructure networks (DePIN), decentralized finance (DeFi), artificial intelligence (AI), GameFi, and blockchain infrastructure. According to the announcement, selected projects may receive funding as well as technical and market support. [6]
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