Preview of New MM Bot Feature - Reference Prices > you can use another exchange's mid price as a reference price for your MM bot > currently this supports CEX/DEX and spot DEX, but in the future it opens the door to use oracle price > you can use this alongside dynamic spreads

new modes are powerful i hope the community can share info and learn the best modes together

Those who can, do Those who can't, fud Before writing a paper maybe learn the definition of what you are studying? ADL does not "transfer pnl to HLP." It treats HLP entirely symmetrically with users. **ADL has nothing to do with HLP or backstop liquidations** ADL did not

figuring out the best systematic delta neutral MM strategy is counterintuitively much easier than predicting whether prices will go up or down (once you have the engine to execute it)

there were some that said it couldnt be done there is still no free lunch (there is still risks involved with this) but it has been done love seeing green across the board

i was playing it cool because jeff plays it cool, but now that’s off the table i’m entering my flood era

it is really working! big thanks to DYJ tread.fi

I see a lot of Grid+20 or Grid+10 bots going up, this is a high risk strategy that will either > pay out 10+ bps if the prices range within your entry prices with +20bps swings OR > prices never go back into the range and you lose much more i know the PnL's look good, but

gud tek DYJ

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dm me for an alpha code i’ll get through as many as i can

I talk about the new MM modes and algo trading in general

ventuals MM week 4 points update tread.fi's grid bot has made MMing on ventuals infinitely cheaper because the bot no longer asks for adverse selection the bot is now either profitable, or if the market moves 50bps in either direction, you get stopped out and lose 50bps of

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