Market Making

WCM offers full gas subsidies for all market makers in addition to eliminating all exchange fees. Market makers receive access to a private RPC which allows for higher throughput on MegaETH. WCM allows users to express more orders than their balance, unlike CEXs.

Up to 8 transactions can (and should) be executed in a bundle to amortize gas cost to ~25k gas/txn. Typically, these 8 transactions would be across, e.g. ~4 markets.

WCM will operate at least 1 market making vault at launch. This market making algorithm will be built and operated internally with permissionless deposits and withdrawals. It has no speed advantage due to co-location.

Everyone is welcome to trade on WCM, with or without our permission (we can't control it anyway). If you would like to register as a market maker to receive the subsidies and private RPC, please contact us.

A unique feature of WCM is the ability to apply portfolio margin to hedged portfolios. In addition to borrowing, to dynamically adjust gross exposures, traders can also lend out their assets. Lent assets contribute 98% of the notional value to the available margin, allowing you to pick up an extra (expected) 5-10% in additional returns on top of your normal trading activity.

We recommend enabling Trade Only Access, i.e. Owner/Trader Separation for institutions, and sending trade signals with a dedicated trading key, separate your withdrawal key(s).

See our SDKs in Developers. We are always available for technical support.

See Capital Allocation if you want external capital.