What Are the Minimum Trade Sizes Typically Required for a Crypto RFQ?

The minimum trade size for a crypto RFQ depends heavily on the venue. For institutional-grade over-the-counter (OTC) desks, the minimum is typically high, often starting at $100,000 to $250,000 and going up into the millions.

However, with the advent of DeFi and more democratized platforms, RFQ systems are becoming available for smaller sizes. Some decentralized exchanges might facilitate RFQ-based trades for as low as $10,000 or even less, aiming to provide the benefits of better pricing to a broader audience.