verex

MM Agent (Market Maker)

Goal: an automated maker that keeps two-sided quotes so liquidity is never the blocker (§6.2).

Status

Not started (S2.5). Blocked on the order-model decision + matchOrders test coverage.

Design

• A worker (poll → quote → submit) using @verex/sdk only (no direct contract calls).
• v0: paper-trading minimum maker, constant-probability quotes. v1 (S6): real capital + risk limits + circuit breaker. Modules: runner / strategy / inventory / risk / config.

Open questions

• Q-S2.3.2 — matchOrders vs fillOrder (paper recommends matchOrders).

Features

• MM v0 (paper, S2.5)
  • (you) Decide the order model (matchOrders vs fillOrder)
  • Two-sided constant-probability quotes; no real capital locked
• MM v1 (live, S6)
  • Real capital, risk limits, circuit breaker
  • paper → live cutover checklist