Liquidity Provider Program

Purpose

Describe how traders, market makers, liquidity providers, and advanced trading groups can improve Norynta market quality.

Cash rewards are not active merely because this page is available. The maker dashboard and public rewards configuration show whether rewards are currently enabled. Computed rewards are estimates until a funded distribution is published on-chain.

Who this is for

• professional or semi-professional market makers
• advanced trading groups with repeat activity
• teams able to support sustained quoting and execution quality

Why partner on liquidity

Healthy prediction markets require durable liquidity. Norynta's staged rollout prioritizes liquidity quality to improve execution and user trust. The current rollout is user-liquidity-first: markets become active through user, partner, and external bot limit orders rather than house-provided launch liquidity.

Participation paths

Zero-guarantee RFQ/JIT quote-provider pilot

Applications are accepted at /liquidity. This is the current recruitment path when no funded reward pool or designated-provider budget is available. Applying does not guarantee review timing, activation, order flow, fills, profit, rebates, or future rewards.

This is Norynta's initial provider path while cash incentive funding is zero. Approved, non-exclusive providers can operate a public HTTPS quote endpoint and sign executable responses with their registered Solana wallet. Valid providers compete on price, executable size, and response time. They earn the spread from trades they win; Norynta does not promise a fixed reward, order flow, or minimum revenue.

Provider callbacks are private operational integrations. Responses are bounded by taker limits and platform risk controls, must carry both maker-order and taker-bound quote signatures, and may be rejected for expiry, wallet mismatch, invalid signatures, poor price, excessive size, surveillance, jurisdiction, or circuit-breaker reasons.

Open Liquidity Rewards

Eligible resting limit orders can earn liquidity points automatically when the open program is active. Every eligible market has its own published schedule and reward pool. The current scorer considers:

• remaining order size;
• distance from the book midpoint;
• how long the order has rested;
• balanced depth on both sides of a valid, non-crossed book;
• a midpoint that cannot be established solely by one maker's two quotes;
• the schedule's target depth and randomized sampling rate; and
• participant concentration and market-diversity controls.

Points determine a pro-rata share of the available daily pool after compliance, market-integrity, minimum-payout, and funding checks. Points are not cash, a fixed return, or a guarantee of payment.

Wallets verified as belonging to the same participant share one concentration limit. Splitting orders across linked wallets does not create additional participant capacity. Makers can request signed per-order scoring diagnostics; the response explains schedule status, size/age/price eligibility, external reference requirements, shadow-only state, and sampling uncertainty.

Later funded Designated Liquidity Partner pilots

When a fixed reward is fully prefunded, reviewed partners may agree to a market-specific pilot with written two-sided uptime, spread, depth, risk, measurement, and payment terms. Submitting an intake form does not itself create designated status or authorize real-money trading.

When an auction is open, a qualified participant can instead submit a sealed bid at /liquidity: the minimum reward it needs to meet the stated terms, along with its proposed spread, depth, uptime, experience, and controls. The bid is not public, does not guarantee selection, and becomes binding only through a separately executed agreement.

After an agreement is active, Norynta samples the provider's own two-sided spread and best-price depth against the auction requirements. Those samples support uptime review but do not by themselves authorize payment.

Designated partners do not receive hidden order priority, latency advantages, guaranteed fills, or permission to bypass platform controls.

Participant value proposition

Liquidity partners may receive:

• prioritized onboarding and support
• early/cohort access to new market categories
• structured feedback channel with the Norynta team
• zero maker fees where the active market fee schedule says so
• transparent reward scoring when Open Liquidity Rewards is enabled
• potential fixed pilot rewards tied to written market-quality obligations

What Norynta expects from liquidity partners

• consistent participation in agreed market categories
• risk-aware quoting behavior
• self-funded limit-order liquidity with the partner's own risk controls
• transparent communication on blockers and market conditions
• adherence to platform policies and compliance boundaries
• no self-trading, wash flow, spoofing, linked-wallet cap evasion, or midpoint manipulation

Partnership intake information

When reaching out, include:

• team or individual profile
• markets/categories of interest
• expected activity profile
• prior market-making or trading experience
• preferred communication channel

How to get started

1. Submit partnership interest at /liquidity; the intake is routed as a maker lead with source attribution.
2. For the zero-guarantee RFQ pilot, prepare a public HTTPS callback and a dedicated Solana signing wallet; never give Norynta the wallet secret key.
3. Validate public snapshots, SSE streams, WebSocket orderbook depth, and SDK examples in sandbox/devnet.
4. Complete npm run agent:conformance or an equivalent integration review.
5. Join a staged pilot cohort for approved markets and approved jurisdictions.
6. Review spread, depth, response time, failed-quote reasons, and fee/rebate terms before scaling participation.

For the open program, check /liquidity, /maker, /api/liquidity/programs, and /api/rewards/liquidity/config before quoting. Active runtime values control; examples in documentation are not a promise that a market or order is eligible.

Real-money maker writes are never enabled by partnership approval alone. They remain limited to explicitly approved countries, blocked-country rules, unknown country fail-closed behavior, and production trading circuit breakers.

Norynta does not guarantee that house liquidity will be present. When a book is empty, the useful first action is a resting limit order from a user, partner, or approved external bot. Market orders require opposite-side resting liquidity.

First Liquidity Without House Funding

Norynta prioritizes markets that show demand before launch. Public market requests can include:

• support votes from interested wallets
• suggested YES probability as a reference signal
• non-binding intent to place the first small limit order
• source and settlement details that make review fast

These signals do not create official odds and do not guarantee launch. They help Norynta identify requests where user or partner liquidity can open the book without treasury-funded market making.

Liquidity partners can inspect the current activation queue:

curl "$NORYNTA_BASE_URL/api/markets/requests/maker-kit?queue=1&limit=10"

Each kit includes a dry-run-first maker plan, first ask, capped notional/spread defaults, zero-dollar partner incentives, success metrics, and links back to the request, bot starter, developer docs, data product, and institutional pilot surfaces.

The first order on an empty book is useful, but the current midpoint-based reward scorer needs a valid bid and ask before an order can score. Do not assume that a one-sided first quote is earning cash rewards.

Reward and trading risks

• Market makers trade with their own capital and can lose money.
• Orders can fill before they are canceled, including around volatile events.
• Rewards vary with eligible fees, other participants' scores, exclusions, minimum payouts, the funded reward-vault cap, and publication review.
• Norynta may change, pause, or end a program prospectively.
• Participation remains subject to jurisdiction, account, sanctions, market, and circuit-breaker controls.
• Rewards may create tax or reporting obligations for the participant.

Related docs

• docs/public/BETA_ACCESS.md
• docs/public/HOW_TRADING_WORKS.md
• docs/public/ORDER_TYPES_AND_EXECUTION.md
• docs/public/FEES_AND_SETTLEMENT.md
• docs/public/AGENT_BOT_READINESS_CHECKLIST.md
• docs/public/REWARDS.md
• docs/LIQUIDITY_PROVIDER_PROGRAM.md