Market Making Bot
Show quotes on both sides of the orderbook to profit from trading activity
Last updated
.svg?alt=media&token=4b04c4f7-d389-429d-bab4-71df79bed629)
Show quotes on both sides of the orderbook to profit from trading activity
Last updated
The Python SDK also provides a simple MM box example: https://github.com/zetamarkets/zetamarkets-py/blob/master/examples/market_maker.py
This bot provides liquidity to Zeta DEX by issuing bid and ask quotes for a given asset. It monitors mark prices from Binance, using them to inform where it should be quoting. The bot won't hedge its position elsewhere, but a good starting place is using ccxt to hedge on your second favourite exchange
If things are going well and you want to scale it up, reach out to us about our Maker Rewards Program!
Install the Python SDK using the instructions in Python SDK to run pip and set up a wallet.
Run python examples/market_maker.py. Note that the following configuration options are available via extra command line arguments:
-n: Network, defaults to mainnet
-u: RPC url, defaults to solana's public RPC
-c, Commitment level, defaults to Confirmed
-a: Asset, defaults to SOL
-s: Lot size, defaults to 0.1
-e: Edge, defaults 20
-o: Offset, defaults to 0