/install dolph-market-maker
Polymarket Market Maker
A market-making strategy that places GTC (Good-Till-Cancelled) limit orders on both sides of liquid Polymarket prediction markets, capturing the bid/ask spread.
Strategy
-
Market Selection: Finds active markets with:
- 24h volume > $10,000 (liquid enough to fill)
- Price (YES probability) between 0.15 and 0.85 (avoids near-certain outcomes)
- Resolves > 4 hours away (enough time to get fills)
- No taker fees (
is_paid=False) — 10% fee kills the edge
-
Pricing: Fetches the live CLOB midpoint for each market and quotes:
- YES buy limit at
mid - 0.02(2¢ below mid) - NO buy limit at
(1 - mid) - 0.02(2¢ below NO mid)
- YES buy limit at
-
Order Management: Cancels existing open orders before placing new ones each run.
-
Limits: Max $5 per order, max 3 markets per run.
Requirements
Environment variables (required):
| Variable | Required | Description |
|---|---|---|
SIMMER_API_KEY |
✅ Yes | Your Simmer API key — get it at simmer.markets/dashboard → SDK tab |
TRADING_VENUE |
Optional | polymarket (default) or sim for paper trading with virtual $SIM |
Python dependency: simmer-sdk — install with pip install simmer-sdk
Setup
export SIMMER_API_KEY=sk_live_... # required
export TRADING_VENUE=sim # optional: paper mode with $SIM
pip install simmer-sdk
Usage
# Dry run (default)
python market_maker.py
# Live trading
python market_maker.py --live
# Show current positions
python market_maker.py --positions
# Show config
python market_maker.py --config
# Set config
python market_maker.py --set max_order_usd=10.0
Config (env vars)
| Env Var | Default | Description |
|---|---|---|
SIMMER_MM_MAX_ORDER_USD |
5.0 | Max USD per limit order |
SIMMER_MM_MAX_MARKETS |
3 | Max markets per run |
SIMMER_MM_MIN_VOL_24H |
10000 | Min 24h volume filter |
SIMMER_MM_SPREAD_OFFSET |
0.02 | How far below mid to quote (2¢) |
SIMMER_MM_MIN_PRICE |
0.15 | Min YES price to consider |
SIMMER_MM_MAX_PRICE |
0.85 | Max YES price to consider |
SIMMER_MM_MIN_HOURS_TO_RESOLVE |
4 | Min hours to resolution |
- Make sure OpenClaw is installed (local or Docker)
- Run the install command in chat:
/install dolph-market-maker - After installation, invoke the skill by name or use
/dolph-market-maker - Provide required inputs per the skill's parameter spec and get structured output
What is Simmer Market Maker?
Places GTC limit orders on both sides (bid/ask) of liquid Polymarket markets. Finds active markets with >$10k 24h volume, mid-range prices, and ample time to... It is an AI Agent Skill for Claude Code / OpenClaw, with 84 downloads so far.
How do I install Simmer Market Maker?
Run "/install dolph-market-maker" in the OpenClaw or Claude Code chat to install it in one step — no extra setup required.
Is Simmer Market Maker free?
Yes, Simmer Market Maker is completely free, licensed under MIT-0. You can download, install and use it at no cost.
Which platforms does Simmer Market Maker support?
Simmer Market Maker is cross-platform and runs anywhere OpenClaw / Claude Code is available (cross-platform).
Who created Simmer Market Maker?
It is built and maintained by richducat (@richducat); the current version is v1.0.0.