Hummingbot is a popular tool used across multiple venues for systematic, market making trades in an easy to use manner. The grant will fund the building of bots that can be used by the community to easily trade on dYdX through market making strategies.
Making it easier to trade for existing, less technically inclined traders is an important step towards enabling more volume and democratizing strategies. We hope to improve spreads, increase volume, and attract new users with this grant.
$5,000 at completion of bot, $1,500 after 3 months of maintenance