Market Maker Overview
Providing Liquidity on Phoenix: Getting Started
Last updated
Providing Liquidity on Phoenix: Getting Started
Last updated
Phoenix is currently deployed on devnet and mainnet at PhoeNiXZ8ByJGLkxNfZRnkUfjvmuYqLR89jjFHGqdXY
. See .
Setup Steps:
Download the Phoenix SDK . We currently have working Rust and Typescript SDKs.
To trade on devnet, you will need devnet SOL, as well as base and quote tokens for a given market. See here on
Claim a Seat on the market in order to place limit orders. See .
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).
Currently, Phoenix has no liquidity incentive program.