Defined risk
Every position has a maximum loss set before entry. Exposure limits apply per contract, per event, and across the whole book.
Proprietary trading · Event contracts & derivatives
We price uncertainty with our own capital.
CipherG Liquidity LLC trades event contracts and derivatives on regulated venues for its own account. We have no clients, take no outside money, and give no investment advice.
EXAMPLE-CONTRACT · YES
$1.00 payout
| Side | Price | Size |
|---|---|---|
| Ask | $0.65 | 1,200 |
| Ask | $0.64 | 850 |
| Ask | $0.63 | 410 |
| Mid | $0.62 | 62% |
| Bid | $0.61 | 520 |
| Bid | $0.60 | 940 |
| Bid | $0.59 | 1,450 |
Illustration only. Not a live market, quote, or position.
The firm
A small proprietary 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.
- 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 doesn't give investment advice or recommendations to anyone.
- Registered office
- 4030 Wake Forest Road, Suite 349
Raleigh, NC 27609, USA - Compliance
- compliance@cipherg.io
Approach
Risk is defined before we place a trade.
We carried these operating rules over from nine years of settling irreversible transactions. Each one applies to every venue we trade on.
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.
Complete records
Orders, fills, funding movements, and account activity are logged and kept, so any trade can be reconstructed on request.
Single owner
One accountable principal makes the decisions. The firm answers to its own capital and to the venues it trades on.
Markets
Event contracts on regulated prediction markets.
Our core activity is pricing binary outcomes. Each contract settles at $1.00 or $0.00, so the price reads directly as a probability.
Kalshi
Event contractsA CFTC-regulated exchange for event contracts on economics, weather, politics, and other real-world outcomes.
kalshi.comPolymarket
Prediction marketA prediction market for binary outcome contracts across news, politics, sports, and markets.
polymarket.com
Instruments Binary event contracts, listed derivatives
Account Proprietary only
Jurisdiction United States
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.
3,000+customers served
10,000+transactions settled
9 yrsof operation
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First marketplace trades
CipherG started as a small peer-to-peer Bitcoin liquidity test on established marketplaces.
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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.
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Planned exit
Major marketplaces closed and regulation shifted, so we wound the business down in an orderly way rather than let it drift.
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CipherG Liquidity LLC
A new North Carolina LLC for proprietary trading on regulated event-contract and derivatives venues.
Contact
Venue, banking, and compliance inquiries.
We answer onboarding, KYC, and due-diligence requests directly. We don't take on clients or investors.
Compliance & KYC
Venue onboarding, bank and broker due diligence, document requests.