In this set

Tutorials

For market makers

01Work the rewards boardFilter by venue and category. Each row is a market that venue qualified, and Arena scores the makers for this epoch.
02Read the terms on the rowSidedness, max spread, minimum shares, the pool, and your share. A quote scores only when size and spread are both in band.
03Judge heat and shareSee how crowded the book is, your share of it, and the reward that share implies before you open a ticket.
04Quote from the terminalSend GTC, a 15-minute to 1-day window, or good-till-date from the ladder. Router stores the quote. The venue matches it.
05Run the risk cockpitSet inventory and dollar caps, flatten a market or the worst tilt, and halt quotes. Resume lifts a halt you placed.
06Claim the rebateWhen the epoch closes, claim the maker cut the venue posted. It pays on that venue's own rails.
07Fund before you fillMove coin from your wallet into the venue's contracts before a fill. The balance has to be there for the quote to stand.

Internal

Technicals

This section is for internal teams. Handbook and Console stay public.