NegRisk: Market Maker for Low-Liquidity Markets

Issue #84 | State: OPEN | Created: 2026-01-23T04:31:34Z

Labels: enhancement

Updated: 2026-01-23T04:38:38Z | Closed: N/A

Summary

Implement automated market making (algorithmic quoting) for low-liquidity markets. The bot dynamically adjusts quotes based on inventory and conditions to ensure tight spreads.

Tasks

• Design inventory-aware quoting strategy with dynamic spreads
• Implement MM bot service with WebSocket orderbook monitoring
• Define activation criteria (auto-activate when spread > X%)
• Implement risk management (position limits, stop-loss, capital allocation)
• Build admin dashboard for MM P&L, positions, and manual overrides
• Test with backtesting framework and paper trading mode

Notes

• Dubai team currently developing crypto signal system — coordinate
• Apply initially to low-liquidity markets only, expand gradually
• Separate MM P&L tracking from platform revenue
• Inspired by Polymarket's NegRisk approach