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Market Maker

Multi-strategy market making system providing continuous liquidity across Polymarket prediction markets.

Project Overview

Our Market Maker is a fully automated liquidity provision system built specifically for Polymarket's Central Limit Order Book (CLOB). It continuously places and manages buy and sell orders across multiple prediction markets simultaneously, earning the bid-ask spread while improving market quality for all participants.

Markets Covered
25+ Active
Avg. Spread
1-3 cents
Uptime
99.9%
Avg. Fill Time
<200ms

Architecture

The system is composed of three primary modules working in concert:

Pricing Engine

Calculates fair value for each outcome using a combination of order flow analysis, cross-market signals, and proprietary probability models. The engine re-prices every 100ms and adjusts spreads dynamically based on volatility, inventory, and event proximity.

Order Manager

Maintains a continuous presence on both sides of the order book. Handles order placement, cancellation, and amendment via the Polymarket CLOB API. Implements rate limiting and retry logic to ensure reliable execution under load.

Risk Controller

Monitors net exposure across all markets in real-time. Enforces position limits per market and aggregate, triggers automatic hedging when inventory drifts, and activates circuit breakers if daily P&L thresholds are hit.

Key Features

Results

Since deployment, the Market Maker has processed over $40M in notional volume across political, crypto, and sports prediction markets. It maintains an average spread of 1-3 cents while keeping net exposure within defined risk limits at all times.