The firm
A trading firm with no clients.
CipherG Liquidity is owner-operated and capitalized by its principal. The firm trades only for its own account, so every position it holds carries its own money.
Details
Who you are dealing with.
Everything a venue, bank or counterparty normally asks for up front. Document requests go to compliance@cipherg.io.
- Legal name
- CipherG Liquidity LLC
- Entity
- North Carolina limited liability company
- Principal
- Grayson Dodson, Managing Member
- Activity
- Proprietary trading in event contracts and derivatives
- Capital
- Proprietary only. No outside investors, pooled funds or customer accounts.
- Advice
- None. The firm does not give investment advice or recommendations to anyone.
- Registered office
- 4030 Wake Forest Road, Suite 349, Raleigh, NC 27609, USA
- Published record
- cipherg.io/record: results since inception, unaudited
- Compliance
- compliance@cipherg.io
Operating rules
Risk is defined before the trade.
We carried these rules over from nine years of settling irreversible transactions. Each one applies to every venue we trade on.
- 01
Defined risk.
Every position has a maximum loss set before entry. Exposure limits apply per contract, per event, and across the whole book.
- 02
Venue rules first.
We trade within each venue’s rulebook. No wash trades, no spoofing or layering, and no trading on material non-public information.
- 03
Complete records.
Orders, fills, funding movements and account activity are logged and kept, so any trade can be reconstructed on request.
- 04
Single owner.
One accountable principal makes the decisions. The firm answers to its own capital and to the venues it trades on.
Venues
Where we participate.
Our core activity is pricing binary outcomes. Each contract settles at $1.00 or $0.00, so the price reads directly as a probability.
- Venues
- Regulated event-contract and derivatives venues in the United States
- Instruments
- Binary event contracts, listed derivatives
- Account
- Proprietary only
- Disclosure
- Venue names are available to counterparties and reviewers on request
History
CipherG has operated since 2015.
The CipherG name started with a peer-to-peer Bitcoin liquidity operation. It grew into a working business, formed CipherG LLC in 2022, and shut down on schedule in October 2024. CipherG Liquidity LLC is a separate new entity. It keeps the risk discipline from that business and applies it to regulated markets.
- customers served
- transactions settled
- of operation
From the predecessor business, 2015 to 2024.
- 2015
First marketplace trades
CipherG started as a small peer-to-peer Bitcoin liquidity test on established marketplaces.
- 2022
CipherG LLC formed
The operation became a legal entity. Four checks applied before any release: counterparty trust, verified cleared funds, payment-rail reversal risk, and dispute records.
- Oct 2024
Planned exit
Major marketplaces closed and regulation shifted, so we wound the business down in an orderly way rather than let it drift.
- 2026
CipherG Liquidity LLC
A new North Carolina LLC for proprietary trading on regulated event-contract and derivatives venues.
Onboarding & due diligence
Need documents or answers?
We answer onboarding, KYC and due-diligence requests directly. We do not take on clients or investors.