Market Makers

Definitions

  • Whirlpool - Orca's Concentrated Liquidity Pool (CLP), where two assets trade against each other.

  • Position - A range of prices where allocated liquidity is evenly distributed.

  • CLP Vault - The vehicle for users to deposit assets that are then available for market making in a specific Whirlpool. A CLP Vault may have multiple Positions (up to 5) active in the underlying Whirlpool.

  • Market-Making Key - The Public Key authorized for signing transactions to adjust positions and liquidity for a given CLP Vault.

Prerequisites

In order to market make on a particular CLP Vault, the market maker must have access to the designated Market Making Key.

Docs

Managing Positions (Point and Click)

Fees and Rewards

Updating Strategy Metadata

External Resources

Introduction: https://docs.orca.so/

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