Tooling

Trading Strategy Bot + Youtube Tutorial

Completed
Funding amount:
$30,000.00

Description

Grant will be used to build a trading strategy tool for dYdX traders to use locally via a GitHub repo. The strategy will initially include a simple market making algorithm, followed with more complex strategies including TWAP and grid trading. The repo will come with a Youtube tutorial educating users on its use.

Purpose

This grant serves as a building block for trading strategies accessible via code to execute on dYdX. Retail users can use the out-the-box strategies while more sophisticated users can continue building on top with their algorithms of choice. This is all to help improve the trading experience and increasing trading volume.

Execution

The simple market making strategy is already in production, the following strategies will take another 3 months while the Youtube tutorial is worked on concurrently.

Payment structure

25% upfront, 25% for TWAP, 25% for grid trading, remaining 25% for Youtube tutorial and full production completion.

Impact & Metrics

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