Market Makers
HalfMoon PMM RFQ offers a professional, API-native market making platform designed for institutional liquidity providers and professional market makers.
This page provides an overview of the Market Maker program and how you can participate in providing liquidity to our RFQ ecosystem.
What Is a PMM RFQ Market Maker?
A Market Maker in the PMM RFQ network is an entity or algorithm that provides continuous quotes for supported assets by responding to quote requests programmatically.
Market Makers support the HalfMoon ecosystem by:
Providing competitive pricing for large notional trades
Supplying deep liquidity across markets such as BTC, ETH, BNB, and tokenized RWA
Reducing slippage and improving execution certainty for RFQ participants
Supporting automated API workflows with deterministic quote responses
Unlike AMM-based liquidity, PMM RFQ relies on professional Market Makers to deliver executable quotes that traders can execute directly on-chain using the Firm Quote API.
Why Market Making on PMM RFQ
Professional Execution
Market Makers provide deterministic, executable pricing through APIs with predictable behavior, suitable for institutional interaction, algorithmic strategies, and automation.
Access to High-Value Flow
HalfMoon’s RFQ ecosystem is focused on high-liquidity digital assets and tokenized real-world assets (such as Ondo RWA assets), delivering quality order flow from professional and institutional users.
API-First Architecture
Our system allows Market Makers to connect directly via REST APIs, enabling:
Server-to-server quote requests
Automated quote publishing
Fast response times
Structured quote lifecycles
This API-first model ensures seamless integration with your pricing engines.
Transparency & Control
Market Makers receive structured requests with clear parameters, including:
input amount
slippage tolerance
expiry constraints
This enables sophisticated quoting strategies with precise risk controls.
What We Expect From Market Makers
We welcome market participants who can:
Provide firm quotes for supported assets
Maintain pricing infrastructure with low-latency response times
Support robust risk controls and pricing logic
Integrate via secure JWT-authenticated API requests
Keep quotes active within defined expiry and slippage constraints
HalfMoon aims to collaborate with Market Makers who share our commitment to quality pricing and reliable liquidity.
Supported Asset Coverage
As a Market Maker in the PMM RFQ ecosystem, you can provide liquidity for:
Major crypto assets (e.g., BTC, ETH, BNB, and additional leading tokens)
Tokenized real-world assets (RWA), including Ondo assets
You can discover the supported assets and trading pairs via the Listing API.
How It Works
Integration After onboarding, you receive secure API credentials (JWT) to authenticate with PMM RFQ endpoints.
Pricing Engine Your system listens for quote requests via the Indicative Pricing API or internal feed.
Firm Quotes On request, provide deterministically priced quotes via the Firm Quote workflow.
Execution Support Traders use your quote’s returned
calldataandrouter_addressto submit transactions on-chain before the quote expiry.
Benefits for Market Makers
Quality Order Flow Access flows from professional and institutional traders.
Minimal Latency Demand Our API architecture is optimized for responsive, scalable integration.
Clear Quoting Standards Structured quoting criteria help maintain price quality.
Market Visibility Insights into supported markets and demand patterns via API statistics.
Ready to Join?
We’re actively inviting interested and qualified market makers to participate in HalfMoon’s PMM RFQ ecosystem.
To get started:
Contact our team for onboarding details
Receive API access and documentation
Integrate with PMM RFQ pricing endpoints
Begin providing quotes and supporting market liquidity
Contact
For partnership inquiries, onboarding support, or technical integration questions, reach out to:
Email: support@halfmoondex.com
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