Hyperliquid Market Maker

A Python-based market making system for the Hyperliquid exchange using CCXT.

Features

• Connects to Hyperliquid exchange via CCXT
• Implements basic market making strategy with configurable parameters
• Multi-layer order placement for better liquidity provision
• Risk management including position limits, stop loss, and take profit
• Adapts to market conditions by adjusting spread based on volatility and order book imbalance
• Supports order book analysis for smart pricing
• Configurable via JSON configuration file
• Environment variable support for secure credential management

Requirements

• Python 3.8+
• Required packages:
  • ccxt
  • python-dotenv
  • aiohttp
  • asyncio
  • pandas (for data analysis)

Installation

1. Clone this repository:

git clone https://github.com/yourusername/hyperliquid-market-maker.git
cd hyperliquid-market-maker

2. Install the required dependencies:

pip install -r requirements.txt

3. Create a .env file from the example template:

cp .env.example .env

4. Edit the .env file with your Hyperliquid API credentials:

HYPERLIQUID_WALLET=your_api_key_here
HYPERLIQUID_SECRET_KEY=your_api_secret_here

5. Review and modify the config.json file to adjust your trading parameters.

Configuration

The market maker is configured through a JSON configuration file that includes:

• Exchange settings: Connection details for Hyperliquid
• Trading parameters: Symbol, order sizes, position limits, etc.
• Market making parameters: Spread percentages, update intervals, layers
• Risk management: Stop loss, take profit, max drawdown, etc.
• Technical indicators: Settings for EMA, RSI, Bollinger Bands
• Development settings: Logging, backtesting options

Refer to the config.json file for all available options and descriptions.

Usage

Run the market maker:

python run_market_maker.py

For testnet (paper trading):

# Ensure USE_TESTNET=true in your .env file
python run_market_maker.py