Afterbell
MAKERS · PHASE 4 · NOT LIVE

Liquidity-provider tools

Tools for market makers who quote overnight products. Nothing on this page is live; it documents the limits a maker module will enforce.

Not live

Risk limits

  • Max notional per product and per instrument (registry template caps).
  • Max open pairs per product (`maxPairs`), enforced onchain at mint.
  • Guardian can pause issuance globally or per instrument — never funds.

Max gap at entry

A maker sets the widest overnight gap (and the gap at size) at which it will still take a side. Above it the module stops quoting. Inputs come from the same gap-by-size engine as the board.

Templates

  • LINEAR_CAPPED — opening gap, capped both ways.
  • RELATIVE — A vs B over the night.
  • RANGE_LINEAR — payout across a price range at the open.