Navnoor Bawa

Navnoor Bawa

Da Vinci Trading: Volatility Arbitrage and Crypto Market Making Deconstructed

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Navnoor Bawa
Nov 14, 2025
∙ Paid

This is a detailed research piece. If you find value in institutional-quality hedge fund analysis, support this work on Patreon.

Founded: 2015, Amsterdam | Offices: Miami, Mumbai, Hong Kong
Strategy: Volatility arbitrage, delta-one, digital asset market making
Scale: Top 3 by volume on Kraken¹, MEXC market maker (Sept 2025)²

Structural Inefficiencies Exploi…

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