Functional Market Maker for FIN
This implements a simple market maker, based on Hummingbot's Pure Market Making algorithm
Getting Up and Running
1. Create and fund a wallet.
- The easiest way to get a wallet is to use the Keplr browser extension and create a new account.
- Write down the seed phrase
- Transfer funds to this wallet either via IBC in Keplr, or bridge from EVM chains and exchanges at https://blue.kujira.app/bridge
2. Configure the connection
export MNEMONIC="your seed phrase from step one ..."
export RPC_ENDPOINT="https://rpc.kaiyo.kujira.setten.io"
export GAS_PRICE="0.00125ukuji" (optional)
3. Configure markets and strategies
Option up config.ts. Currently this is set to only run on the FIN-DEMO pair on the harpoon-4 testnet.
3. Tune the settings for the algorithm
Open up src/strategies/pure_market_making.ts and tweak the following params to suit your strategy.
// Space from mid price to orders in smallest amount of precision (currently hard-coded to 3 decimal places)
private TARGET_SPREAD = 10;
// Space between orders in smallest amount of precision (currently hard-coded to 3 decimal places)
private ORDER_GAP = 10;
// Total orders either side of the mid price
private ORDER_COUNT = 10;
// Total in quote denom
private ORDER_SIZE = 1 * 10 ** 6;
// ms delay between cycles
private FREQUENCY = 30000;
4. Start the Bot
Install deps yarn
There's a very basic run script in yarn start, but you will probably want to use your favourite method of keeping processes alive.
TODO (pull requests welcome)
- Variable strategy configuration per-market
- Accommodate different precision types (different decimal places, and also significant figures)
- Extract config to a .gitignored file and provide sample values
- Better logging levels