🐾🔁 Market Maker

The CAPYTAL trader runs as a two-sided market-maker on liquid X1 tokens. For each configured mint, the system continuously deploys BUY orders ~8% below the current spot price AND SELL orders ~8% above. When price swings either way, one side fills, locks the spread, and the auto-ladder re-deploys the missing side from the new spot. Self-replenishing, fully on-chain, no babysitting required.

Live   CAPY two-sided MM active. 50,000 CAPY per SELL slice, 5 XNT per BUY slice. Each full round-trip captures roughly 16% on the cycling capital.

Round-trip example at current CAPY spot (~7.4e-5):
  • BUY @ 6.80e-5 fills (price dips 8%)
  • We accumulate inventory of CAPY
  • SELL @ 7.99e-5 fills (price recovers and pumps 8% above original spot)
  • Net: bought low, sold high → ~16% spread captured
  • Auto-ladder lays new BUY at -8% from new spot, cycle continues

CAPY swings between 6.5e-5 and 9e-5 daily — a 38% range. The MM captures 2-3 full round-trips per day on each cycling slice. Compounds quickly without operator intervention.