Market Making Services (PMM & DMM)

Acheron Trading delivers professional algorithmic market making services through two distinct models, providing continuous two-sided liquidity for digital assets on centralized and decentralized exchanges.

Principal Market Making (PMM)

Principal market making is structured under a symbiotic loan and call-option model where Acheron Trading provides all cash/equivalent assets for market making while projects commit tokens through a loan with interest. This eliminates monthly fees and profit sharing requirements for clients.

PMM Benefits: Zero monthly fees or profit sharing, capital risk offset through Acheron's funding, symbiotic structure supporting price performance, suitable for major exchange listings, and professional market making without capital commitment from the client.

Best Use Cases: Projects listing on large exchanges and teams seeking to limit risk associated with allocating quote capital to market making operations. Since Acheron Trading acts as capital provider, they select which exchanges to support and determine liquidity levels.

Designated Market Making (DMM)

Designated market making is delivered through a contractual relationship where projects commit both tokens and cash/equivalent assets to liquidity provision. This white-glove service operates under a monthly fee and profit share model, providing full control over exchange coverage and liquidity targets.

DMM Benefits: Full token upside exposure through capital commitment, complete control over exchange coverage and KPIs, white-glove service with 24/7 availability, sophisticated risk management and treasury optimization, and guaranteed liquidity levels.

Best Use Cases: Projects seeking to guarantee specific liquidity levels across designated exchanges and capitalize on cyclical price movements. Exchange coverage and liquidity KPIs are determined at the client's sole discretion.

Service Excellence

Both models feature sophisticated modeling, 24/7 availability, comprehensive bid-ask spread management, dynamic depth provisioning around market prices, inventory risk management, and professional order book optimization. Every client receives access to a real-time dashboard for monitoring liquidity metrics with full transparency.

Key Capabilities

• Continuous two-sided liquidity provision
• Order book market making on CEX and DEX platforms
• Bid-ask spread optimization
• Inventory risk management
• Market depth optimization
• Real-time transparent reporting dashboard
• 24/7 operational availability
• Flexible engagement models (capital-light PMM or capital-intensive DMM)