> ## Documentation Index
> Fetch the complete documentation index at: https://docs.boltliquidity.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Market Makers

> Capital-efficient market making with delta-neutral hedging, zero impermanent loss, and high throughput.

## High capital turnover. Delta-neutral returns. Zero impermanent loss.

Traditional AMM market making requires large capital commitments, exposes LPs to impermanent loss, and demands constant position management. Bolt's architecture offers a fundamentally different model for capital deployment.

## The Bolt market-making model

<Steps>
  <Step title="Deploy capital">
    Deposit into Bolt Outpost pools. Single-sided. No paired asset requirement. Capital is ready to settle swaps immediately.
  </Step>

  <Step title="Facilitate swaps">
    Deposited capital is used to settle swaps at oracle-validated prices. Every swap generates fees. Your capital never takes directional risk.
  </Step>

  <Step title="Hedge exposure">
    All directional exposure is hedged on external venues immediately after settlement. Delta-neutral at all times. No position drift.
  </Step>

  <Step title="Earn on turnover">
    Returns are a function of volume throughput, not directional risk. High turnover, low capital requirement, consistent fee generation. Capital works continuously.
  </Step>
</Steps>

## Capital efficiency

<Info>
  29.7x daily inventory turnover — 23x the Sui ecosystem peer average across 16 pools and 8 protocols.

  For market makers, this means deployed capital turns over at rates impossible in traditional AMM positions. The pool is a settlement layer. Capital is always working.
</Info>

This efficiency comes from decoupling pricing from liquidity depth. Traditional AMMs require deep pools to minimize slippage. Bolt requires only enough capital to facilitate settlement at oracle prices. The result: higher capital turnover, lower capital lockup, and consistent returns independent of position size.

## Risk profile

| Dimension              | Traditional AMM LP                         | Bolt Market Making                        |
| ---------------------- | ------------------------------------------ | ----------------------------------------- |
| Capital deployment     | Paired, range-bound                        | Single-sided, flexible                    |
| Directional risk       | Full exposure to impermanent loss          | Delta-neutral via continuous hedging      |
| Returns driver         | Pool volume and fee tier                   | Swap throughput and hedging efficiency    |
| Rebalancing            | Manual or automated, LP bears cost         | Handled by hedging infrastructure         |
| Capital lockup         | Concentrated in specific ranges            | On-demand deployment and withdrawal       |
| Operational complexity | Range management, gas costs, IL monitoring | Hedging infrastructure, oracle monitoring |

## Market making with Bolt

<Note>
  Bolt's market making model requires hedging infrastructure and operational capability. This is designed for professional market makers, not passive LPs.
</Note>

If you have hedging infrastructure and can manage oracle exposure, Bolt offers capital efficiency that traditional AMM liquidity provision cannot match. Returns are fee-based, not speculation-based. Capital turns over continuously.

## Due diligence

<AccordionGroup>
  <Accordion title="Technical architecture">
    See [How Bolt Works](https://docs.boltliquidity.io/how-bolt-works) for the full swap lifecycle, security model, and oracle mechanism. Understanding the Oracle dependency is critical for due diligence.
  </Accordion>

  <Accordion title="Integration requirements">
    SDK integration, hedging infrastructure, and capital requirements. [Contact the team](https://calendar.google.com/calendar/u/0/appointments/schedules/AcZssZ0h8Dz0XD9uiYnrWu6PUHvRfnuoNjXyCJYnzFX8t548I1YO-qnJxJSOrvuWeenqacByagNyyB0E) for specific details on deployment, monitoring, and capital sizing.
  </Accordion>

  <Accordion title="Current metrics">
    Live on Sui with [Cetus](https://www.cetus.zone/), [FlowX](https://flowx.finance/), [Hop.ag](https://hop.ag/swap/USDC-SUI)and [Aftermath.](https://aftermath.finance/). Current daily inventory turnover: 29.7x — 23x the volume-weighted peer average across 16 SUI/USDC pools and 8 protocols on Sui. Figures are internally benchmarked. [Ask the team](https://calendar.google.com/calendar/u/0/appointments/schedules/AcZssZ0h8Dz0XD9uiYnrWu6PUHvRfnuoNjXyCJYnzFX8t548I1YO-qnJxJSOrvuWeenqacByagNyyB0E) for detailed performance data.
  </Accordion>
</AccordionGroup>

***

<CardGroup cols={2}>
  <Card title="How Bolt Works" icon="cog" href="/how-bolt-works">
    Deep dive into the architecture and execution model.
  </Card>

  <Card title="Earn Fees with Bolt" icon="coins" href="/earn-fees-with-bolt">
    Learn how market maker returns work on Bolt.
  </Card>

  <Card title="Contact the Team" icon="envelope" href="/contact">
    Ready to deploy? Talk to the team about your infrastructure and capital.
  </Card>
</CardGroup>
