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Liam Kovatch
@LiamKovatch
eng @coinbase
Joined May 2016
2,898
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2,199
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  • user avatar
    Liam Kovatch
    @LiamKovatch
    Nov 6, 2024
    Some stats from yesterday: - 20M website views - >$300M volume - ~1M concurrent users across web + app at peak When I joined @Polymarket years ago, many had written off prediction markets entirely. We held a different view. To us they seemed obvious, especially at a time when
    user avatar
    Liam Kovatch
    @LiamKovatch
    May 4, 2021
    Some personal news: I’ve joined the engineering team @polymarkethq to help scale the product/platform from 1 -> n. Information markets have long been my favorite use case of blockchain and I’m thrilled to be a part of the company that is defining this game-changing vertical.
    145K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Feb 20, 2019
    0/ With the recent explosion of @UniswapExchange, I think it’s a good time to explore the current state of DEX design. This thread will examine the mechanics (and tradeoffs) of a few major DEX protocols.
  • user avatar
    Liam Kovatch
    @LiamKovatch
    May 4, 2021
    Some personal news: I’ve joined the engineering team @polymarkethq to help scale the product/platform from 1 -> n. Information markets have long been my favorite use case of blockchain and I’m thrilled to be a part of the company that is defining this game-changing vertical.
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Nov 20, 2024
    we cooked up some new dashboards @Polymarket - macro dashboard polymarket.com/dashboards/mac… - global elections polymarket.com/global-electio… - sports forecasts polymarket.com/sports/forecas… stay informed on world events in <1min
    26K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Nov 6, 2024
    Replying to @LiamKovatch
    I also want to specifically call out some of the guys behind the scenes that make it all happen. Our engineering + product team is a lean, talented and dedicated group. I feel grateful to get to work with each of them. Shayne, Niraek, Sonny, Rodrigo, Leandro, Jon, Mike, Sheldon,
    5K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Jun 12, 2024
    looking for a god tier product engineer @Polymarket. - pmf, help us hyper scale - high ownership (eng team size = 8) - no-bs, internet-native culture - remote - very competitive compensation - world changing impact DM me
    15K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    May 17, 2024
    Have you noticed how much upside you can get buying long shots on @Polymarket recently? You can currently buy 1M H. Clinton YES for 1k USDC. All positions are fully collateralized so what rational actor takes the other side of this trade when it won’t resolve for another 6
    7.2K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Jul 25, 2024
    instant, concise, unbiased news available worldwide for free in the last week @Polymarket has had multiple days w/ >1M page views
    user avatar
    Balaji
    NS
    @balajis
    Jul 21, 2024
    Polymarket is the news. It priced in a 10%+ chance of Biden dropping out, even before the debate. Meanwhile, legacy media claimed Biden's senility was a conspiracy theory. No journos, only crypto.
    20K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Jul 19, 2024
    someday I will do a deep dive on our thinking re market structure @Polymarket, but there are nice properties of the orderbook that we get vs the cpmm. Perhaps most importantly is that makers can use the same usdc to collateralize orders across all books driving capital efficiency
    user avatar
    Doug Colkitt
    @0xdoug
    Jul 19, 2024
    Why isn’t there a strong AMM based prediction market platform? Much easier to attract passive LPs than market makers particularly for longer tail questions. Biggest barrier is setting swap fees relatively fairly for very volatile markets, but shouldn’t be that hard
    6K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Aug 13, 2024
    Soon AI agents will compete across thousands of prediction markets on @Polymarket driving low cost information discovery. Today, w/ the help of @greenestreetxyz, we are open sourcing a simple framework for building these agents.
    user avatar
    greenestreetxyz
    @greenestreetxyz
    Aug 13, 2024
    The future of AI is prediction markets. To lead this revolution, @Polymarket is opensourcing the first developer toolkit for creating AI agents that trade prediction markets, built in collaboration with us here at Greene Street Consulting.
    10K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Nov 6, 2024
    @AlchemyPlatform team is as good as it gets - it's a pleasure working together 🤝
    user avatar
    Nikil Viswanathan
    Alchemy
    @nikil
    Nov 6, 2024
    Behind the scenes supporting @Polymarket on Election Night! Absolutely incredible product - feels like you’re living in the future. First mainstream crypto app to hit #1 on the App Store. 🙌 Well done @shayne_coplan @LiamKovatch and team! 👏 (Ps. Yes we keep @PartyCity in
    1.2K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Nov 6, 2019
    0/ Early this year at Paradigm Labs, I had the opportunity to lead a small market making effort. This project served as a critical learning experience, providing us a first-hand view of the complexities involved in market making on open order book (OOB) relayers.
    user avatar
    Paradigm Labs
    @ParadigmMarket
    Nov 6, 2019
    Replying to @ParadigmMarket
    1/ Zaidan is a non-custodial RFQ trading system built on @0xProject. Zaidan's dealer-driven interaction model provides an extremely price competitive alternative to existing relayer designs. Learn more: medium.com/paradigm-marke… Try it out: trade.paradigm.market
  • user avatar
    Liam Kovatch
    @LiamKovatch
    May 20, 2024
    One of the largest innovations for dapp developers in the last few years imo has been indexers as a service. We built this feature in <1 week of eng time utilizing @goldskyio's Mirror feature which let’s us get indexed positional data right where we need it. We could build our
    user avatar
    niraek
    @niraek
    May 20, 2024
    Debates are more fun with skin in the game. On @Polymarket you can see every commenters' holdings (and biases)
    3K
  • user avatar
    Liam Kovatch
    @LiamKovatch
    Jan 24, 2019
    Replying to @peterktodd
    Not true. 0x hasn’t collected any transaction fees because it’s a protocol, not a rent seeking intermediate. What I think they meant was that transaction fees paid in $ZRX have totaled <$2000. Again not a fair representation of protocol usage. 1/2