A Market Maker (MM) on Polymarket is a trader who provides liquidity to prediction markets by continuously posting bid and ask orders. By laying the spread, market makers enable other users to trade efficiently while earning the spread as compensation for the risk they take. Market makers are essential to Polymarket’s ecosystem — they provide liquidity across markets, tighten spreads for better user experience, enable price discovery through continuous quoting, and absorb trading flow from retail and institutional users.Documentation Index
Fetch the complete documentation index at: https://docs.polymarket.com/llms.txt
Use this file to discover all available pages before exploring further.
Not a Market Maker? If you’re building an application that routes orders
for your users, see the Builder Program instead.
Getting Started
Complete Setup
Deploy wallets, fund with pUSD, and set token approvals. See the Getting
Started guide.
Connect to Data Feeds
WebSocket for real-time orderbook updates, Gamma API for market metadata.
See Market Data.
Start Quoting
Post orders via the CLOB REST API. See Trading .
Quick Reference
| Action | Tool | Documentation |
|---|---|---|
| Deposit pUSD | Bridge API | Bridge |
| Approve tokens | Relayer Client | Getting Started |
| Post limit orders | CLOB REST API | Create Orders |
| Monitor orderbook | WebSocket | WebSocket |
| Split pUSD to tokens | CTF / Relayer | Inventory |
| Merge tokens to pUSD | CTF / Relayer | Inventory |
What Is in This Section
Getting Started
Deposits, token approvals, wallet deployment, API keys
Trading
Quoting best practices, strategies, and risk controls
Inventory Management
Split, merge, and redeem outcome tokens
Liquidity Rewards
Earn rewards for providing liquidity