Phoenix DEX
  • Getting Started
    • Phoenix Overview
    • Technical Overview
      • Key Structures
      • Events
      • Instructions
      • Technical Glossary
      • Seats
        • Phoenix Seat Manager Program
      • Units
      • Market Addresses
    • Market Maker Overview
    • Developer Overview
      • Rust SDK
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  • Getting Started
  • Fees
  • Incentive Program
  1. Getting Started

Market Maker Overview

Providing Liquidity on Phoenix: Getting Started

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Last updated 2 years ago

Getting Started

Phoenix is currently deployed on devnet and mainnet at PhoeNiXZ8ByJGLkxNfZRnkUfjvmuYqLR89jjFHGqdXY. See .

Setup Steps:

  1. Download the 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

  3. Claim a Seat on the market in order to place limit orders. See .

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 has no liquidity incentive program.

here for a list of active Phoenix Markets
here
how to acquire devnet SOL, the base token, and the quote token for a market.
here on how to claim a Seat