Tooling

Sample Market Maker Library

Funding amount

$10,000

Start date

July 2024

Execution

6 weeks

Description

This grant will fund the development and open sourcing of a market maker script for dYdX traders to easily deploy their own strategy. Through this codebase, API-based traders and developers interested in deploying more sophisticated trading strategies can do so much more easily by leveraging standard functions and pre-built modules.

The code will make use of the newly released (and grants funded) python SDK. The library takes inspiration from the BitMex Sample Market Maker codebase, which was very popular among programmatic crypto traders interested in deploying more advanced strategies.

In addition to releasing the code, the grant includes in-depth documentation and guidelines for how to make use of the market maker script. The goal is to make this more accessible for new users interested in learning how to run advanced trading strategies.

Purpose

Payment structure

Useful Links

Impact & Metrics