# Market Maker Overview ### Getting Started Phoenix Legacy is currently deployed on devnet and mainnet at `PhoeNiXZ8ByJGLkxNfZRnkUfjvmuYqLR89jjFHGqdXY`. See [here for a list of active Phoenix Legacy Markets](/phoenix-dex/tRIkEFlLUzWK9uKO3W2V/getting-started/technical-overview/market-addresses.md). **Setup Steps:** 1. Download the Phoenix Legacy SDK [here](https://github.com/Ellipsis-Labs/phoenix-sdk). We currently have working Rust and Typescript SDKs. 2. To trade on devnet, you will need devnet SOL, as well as base and quote tokens for a given market. See here on [how to acquire devnet SOL, the base token, and the quote token for a market.](/phoenix-dex/tRIkEFlLUzWK9uKO3W2V/getting-started/technical-overview/market-addresses.md) 3. Claim a Seat on the market in order to place limit orders. See [here on how to claim a Seat](/phoenix-dex/tRIkEFlLUzWK9uKO3W2V/getting-started/technical-overview/seats/phoenix-seat-manager-program.md). ### Fees Fees are set at market initialization by the market creator. For the devnet SOL/USDC market, fees are 2 bps for takers and 0 bps for makers. Fees are always paid in quote tokens (USDC for the SOL/USDC market). ### Incentive Program Currently, Phoenix Legacy has no liquidity incentive program. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://ellipsis-labs.gitbook.io/phoenix-dex/tRIkEFlLUzWK9uKO3W2V/getting-started/market-maker-overview.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.