Latest

Proposed Epoch 6 Governance Changes

Since inception in early 2022, Hummingbot Foundation has continually improved and iterated on its governance system. Each quarterly Epoch has introduced voting format changes that are designed to align the choices and decisions that HBOT holders make with changes to the Hummingbot codebase that users want. Since the end of

USDC Bounties Announcement

Hummingbot Launches USDC Payouts for Bounty Recipients Since the inception of the Hummingbot Foundation, we have paid out 282 bounties to 92 unique developer wallets. Bounties have been an unqualified success in leveraging the global developer community to maintain the Hummingbot codebase by fixing bugs and adding key components. To

Community Incentives Program Update

Over half a year has passed since the launch of the Community Incentives Program, initiated in proposals HGP-27 and HGP-32. The primary objective of this initiative is to foster robust engagement and dynamic problem-solving within our Discord channels by rewarding quality answers with HBOT rewards. Since its launch, the community

Epoch 5 Polls Recap

Every quarter, Hummingbot Foundation organizes Polls, an on-going initiative that lets HBOT holders decide how the Foundation allocates its engineering bandwidth and developer bounties across the components in the Hummingbot codebase. This week, we completed the Epoch 5 polls, which prioritize exchanges and strategies, in the Hummingbot codebase for the

Hummingbot Newsletter - June 2023

🚀 Shipped v1.17 Release | 🗳 Epoch 5 Voter's Guide | ☎️ Community Call Recaps | 📊 Hummingbot Dashboard | 🎓 Botcamp User Stories | 🤖 Injective Demo Video Published each month when we ship a new Hummingbot release, this newsletter serves a regular dose of updates about our latest features 🤖 upcoming events 🎉 and announcements from our global 🌐 community! 🚀 Hummingbot

An HBOT Voter's Guide to Epoch 5 Governance

Hummingbot Foundation's quarterly Polls have successfully driven greater participation in Hummingbot governance. Last quarter, each poll received 30+ votes and 20+ million HBOT voting power allocated! But more importantly, polls have also allowed our community to decide which exchange connectors should be included in the Hummingbot codebase and how they

Kicking Off the Hummingbot Dashboard Community Project

From the moment we open sourced Hummingbot as a CLI-based market making bot back in 2019, people have asked "wen GUI???" While we knew that a graphical user interface would make Hummingbot more user-friendly, we chose to spend our limited resources on improving Hummingbot's exchange connectors and strategy template library.

Hummingbot Newsletter - May 2023

🚀 Shipped v1.16 release | ☎️ Community call recaps | 📊 Hummingbot Dashboard | 💰 Bounties, Bounties, Bounties | 🛣️ Roadmap Update | 🎓 Botcamp Cohort 4 Demo Day Recap Published each month when we ship a new Hummingbot release, this newsletter serves a regular dose of updates about our latest features 🤖 upcoming events 🎉 and announcements from our global 🌐 community!

Botcamp Cohort #4 Demo Day Recap

We recently finished our fourth cohort of Hummingbot Botcamp with Demo Day, where participants showcased the custom trading scripts they developed over the course of the Botcamp intensive 6-week online core course! Watch the highlights or see below for each script presented: At Hummingbot Foundation, our mission is to democratize

Introducing Community Bounties

Launching a new process that connects skilled community developers with stakeholders seeking dev work

Hummingbot 2023 Roadmap Update

In December, we shared our ambitious technical roadmap for 2023, detailing the features and improvements we planned to introduce throughout the year. Today, we are excited to provide an update on the progress we've made, the milestones we've reached, and the exciting plans we have for the remainder of the

Hummingbot Newsletter - April 2023

🚀 Shipped v1.15 release | Introducing Strategy Experiments | 📺 Directional Trading with MACD+BB Indicators | 📺 Advanced Cross-Exchange Market Making | 🗳️ Epoch 4 Polls Recap

Strategy Experiment #1: Directional Trading with MACD and Bollinger Bands Indicators

First post in our new series of Strategy Experiments that publishes hypothesis, code and performance of a running bot strategy.

Epoch 4 Polls Recap

Every quarter, Hummingbot Foundation organizes Polls, an on-going initiative that lets HBOT holders decide how the Foundation allocates its engineering bandwidth and developer bounties across the components in the Hummingbot codebase. This week, we completed the Epoch 4 polls, which prioritizes exchanges and strategies, and issues in the Hummingbot codebase

Hummingbot Newsletter - March 2023

🚀 Shipped v1.14 release | 💪 New Quickstart and Installation docs | 🎓 Botcamp Demo Day Recaps | ☎️ Community Call Demos | 🗳 Vote in Epoch 4 Poll

Botcamp Cohort #3 Demo Day Recap

On March 7, we held the Botcamp Cohort #3 Demo Day, where our Hummingbot Botcamp participants shared the scripts that they have created after our 6-week online core course! Botcamp is an annual membership that  consists of one 6-week core course and additional events / modules available throughout the year. The

Botcamp Cohort #2 Demo Day Recap

We recently finished Cohort #2 for Hummingbot Botcamp, our developer bootcamp that teaches anyone how to create custom algo trading scripts with Hummingbot. Students presented their strategies during Demo Day, the final live session of Botcamp and competed for pool of HBOT rewards. Our last cohort was composed of people

End of HBOT delegation

Per HGP-24, we have ended the HBOT delegation system

Hummingbot Newsletter - February 2023

🚀 Shipped v1.13 release | 📈 New Directional framework | 📺 Stoikov Hummingbot video | ⚙️ New Gateway and Orchestration repos | 🥳 Board of Directors election results

My journey in Hummingbot Botcamp Cohort #2 by student Makir

Our Hummingbot Botcamp User Makir talks about his experience learning to build a custom algo trading bot in Hummingbot Botcamp. Cryptocurrency trading is a dynamically evolving industry, where opportunities emerge through the convergence of innovation and technology. Market Making in the crypto space involves various players who employ strategic approaches

Community Incentives

The Community Incentives program was launched on December 12, 2022 with the aim to foster active participation and problem-solving among members in Discord channels. During its 7-week trial period, it was exhilarating to observe a significant number of users earning HBOT rewards for providing valuable responses to community questions. 💡[HGP-27]

Hummingbot Newsletter - January 2023

🚀 Shipped v1.12 release | 🗳️ Epoch 3 Polls Recap | 🤖 Botcamp Cohort #3 | 🗺️ 2023 Governance Roadmap | 👨‍💻 dMiner Platform Updates | Orchestration Demo

FAQ on Hummingbot Polls for Exchanges

What are Polls? Hummingbot Foundation started conducting quarterly Polls to give HBOT holders a say in the allocation of the Foundation's engineering bandwidth and HBOT developer bounties across the various components of the Hummingbot codebase especially, which exchanges are included in the codebase, and how much maintenance effort we apply

Epoch 3 Polls Recap

Epoch 3 polls prioritizes maintenance of exchanges, strategies, and issues in the Hummingbot codebase

Hummingbot's 2023 Governance Roadmap

Specifics on our governance roadmap for 2023, Epoch 2 retrospective, and Epoch 3 changes.

Hummingbot Newsletter - December 2022

🚀 Shipped 1.11 release with fixes to Huobi & AscendEx | 🤖 Botcamp Demo Day | 👨‍💻 Introducing dMiner: DEX liquidity mining | 🗺️ 2023 Technical Roadmap Welcome to the Hummingbot Newsletter! Published each month when we ship a new Hummingbot release, this newsletter serves a regular dose of updates about our latest features 🤖, upcoming events 🎉, and

Announcing Hummingbot Botcamp - Cohort #1 completed !

Hummingbot Botcamp The Hummingbot Foundation started a new project in September — Hummingbot Botcamp, an online cohort-based learning program for developers, traders, and market making enthusiasts to learn how to build and customize Hummingbot scripts from scratch with as few as 50-lines of code. While there are a number of canned

Hummingbot's 2023 Technical Roadmap

Description of the technical changes that the Hummingbot Foundation plans to implement over the course of the next year.

Changes to Hummingbot Maintenance and Governance

Almost exactly one year ago, Hummingbot Foundation launched the HBOT token as an experiment in decentralized governance over a publicly shared, community maintained open source project. Inspired by Linux, we believe that a bazaar-style, distributed model of software development, powered by a decentralized, community-owned governance token, would allow us to

Gate.io Trading Competition: Results and Retrospective

Last month, we partnered with Gate.io to organize a Trading Competition for the Hummingbot community. The goal was to conduct an experiment to see if these types of promotions would be mutually beneficial for the Hummingbot community and the exchange itself. Here are the results of the competition, which

Hummingbot Newsletter - November 2022

🚀 Hummingbot 1.10 release with new connectors to BNB Chain, PancakeSwap, NEAR, Cronos, Bitget & more! | 📅 Presentation at Pychain 2022 Event | 📒 Weekly Mini-Lessons Welcome to the Hummingbot Newsletter! Published each month when we ship a new Hummingbot release, this newsletter serves a regular dose of updates about our latest features 🤖, upcoming

Hummingbot Newsletter - October 2022

🚀 Hummingbot 1.9.0 release | 🤖 Introducing Botcamp | 📅 Solana Breakpoint meetup | 📝 CEX Connector Bounty Program | 🥇Spot Trading Competition with Gate.io | 🎁Hummingbot Miner Raffle Welcome to the Hummingbot Newsletter! Published each month when we ship a new Hummingbot release, this newsletter serves a regular dose of updates about our latest features

CEX Connector Bounty Program

A new proposal to allocate 5 million HBOT tokens to fund bounties for community developers to add/update connectors for the certified exchanges in the Hummingbot codebase.

Hummingbot Newsletter - Sep 2022

🚀 Hummingbot 1.8.0 release featuring tick_size and Serum connector | 📝 New developer bounties | 👨‍💻 Revamped Hummingbot website | 🏅Huobi promotion for Hummingbot users

Hummingbot Newsletter - Aug 2022

🚀 Hummingbot 1.7 release featuring Uniswap support on Polygon/Arbitrum/Optimism + new Perpetual and OpenOcean connectors | 🤖 New BotCamp developer bootcamp | 🏅 New Exchange Certification program

Hummingbot Newsletter - July 2022

🚀 Hummingbot 1.6.0 release featuring new Bitmex + Uniswap-V3 connectors | 📈 Real-time Volumes dashboard | 📝 New Community Forum | 🌊 New HBOT pool on TraderJoe | 🗣️ Video of ETHCC[5] Talk

Hummingbot Newsletter - June 2022

🚀 Hummingbot 1.5.0 release | 📊 NEW Streamlit-Apps repo | 📚 NEW Awesome-Hummingbot community repo | 🔑 HBOT bridged to Avalanche!

HBOT Tokens Now on Avalanche C-Chain via Nomad

by Carlo Las Marias In May, we proposed a governance proposal for the Hummingbot Foundation to bridge HBOT tokens to Avalanche using the Nomad Protocol.  You can find the Commonwealth discussion here and the snapshot proposal here.  The proposal has since been passed and adopted by the Hummingbot community. Since

Hummingbot Newsletter - May 2022

🗣️ Garry Tan explains Hummingbot | 🚀 Hummingbot 1.4.0 release | 🎥 New explainer vids | 💡 HBOT ideas

Hummingbot Foundation Roadmap 2022

Milestones that Hummingbot Foundation aims to accomplish and the initiatives we aim to start for the remainder of 2022

Hummingbot Newsletter - April 2022

🚀 Hummingbot 1.3.0 release | 🛣️ 2022 Roadmap | 🧑‍🤝‍🧑 ETHPortland hackathon winners | 🏗️ Technical Review DAO launched!

Hummingbot Newsletter - March 2022

🚀 Hummingbot 1.2.0 release | 🏗️ Technical Review DAO Launch | 🧑‍🤝‍🧑 ETHPortland Hackathon

Systematic approach to Liquidity Mining - ROI based analytics and simple experiments

by Diego C How to make 10% monthly passive income from your crypto Assets Systematic approach to Liquidity Mining -  ROI based analytics INTRODUCTION (Skip it if you are a pro and go to data collection & strategies below): The end goal for Liquidity Mining strategies would be to beat traditional

How To Get Good At Market Making On Hummingbot Miner Platform

by Lã Minh Hoàng Hey guys, Wojak here! I hope you guys have a good day! Today let's dive into the topic of how to get good at market making on the Hummingbot Miner platform. So a little bit of introduction first! I am Wojak, an active member of Hummingbot

Capital Deployment for Hummingbot

by Dalskie I am glad of this opportunity to share our insights that enable us to grow our fund, while also providing a consistent monthly income stream for our families. My sincere gratitude goes to Hummingbot Foundation & CoinAlpha! A short personal intro & back story may be appropriate as only 3

Strategy Coding for Dummies

by Ben Smeaton Hi! I’ve been using hummingbot for about a year on and off and wanted to give an overview on how to actually go about defining your own strategies. I got into market making because of a hobbyist interest in python coding and I was at that

Favorite Hummingbot Parameters

by Jemz Obmaz Hey guys, Jazzy here. I am officially helping my sister Dalskie on operating the Hummingbot bots. I am not well versed yet on crypto & trading stuff, but really find it intriguing & unbelievable world to be living in. I am happy to have made my long-time dream to

The orders must flow

by Mohammed Badran A guide to increasing order flow for liquidity mining Note: This article assumes that you’re familiar with trading, market making, and liquidity mining. If you don’t understand any of those concepts, read this first. In the fictional world of Dune, the most precious substance in

How to trade crypto: an introduction

by Apostolos Tsalkitzis Introduction Crypto trading has been in a frenzy lately and many investors are looking for ways to participate in the crypto market. There are several ways to gain profit from cryptocurrency and various methods to do so. If you exclude crypto mining from the equation, which is

Common Hallmarks of Successful Miners

by Kyle Mizui Disclaimer: The content of this article is provided by our blog contributor Kyle Mizui and does not represent the views of CoinAlpha Inc./Hummingbot. The content below does NOT constitute investment, financial, legal, or tax advice, nor does any of the information contained on this article constitute

Beginner’s Top Misconceptions about Market Making on Hummingbot

by Kyle Mizui Trading is a rewarding and risky activity. If you’re new to hummingbot, welcome! You’re in the midst of a mature community that has found market making to be both exciting and profitable in the long term. That might be you, but before you go all-in

Tips for Handling Different Market Conditions

by Owen Hobbs Tips for Handling Different Market Conditions In numerous ways, markets can resemble the waves of the ocean. Both have peaks, bottoms, and ultimately return to a midpoint or sea level. The approach one takes to navigate the waves is largely dependent on the weather or market conditions

Hummingbot Newsletter - February 2022

🚀 Hummingbot 1.1.0 release | ☎️ Monthly community call | 🏗️ Solana DEX dev grants

Hummingbot Newsletter - January 2022

Official Hummingbot 1.0 release | Community Call | ETHDenver event

Hummingbot Blog Post Competition

We’re excited to announce a Hummingbot blog post competition to support user-generated content within our community and to help users become better market makers!

[Level 1] Hummingbot Introduction

Welcome to Level 1 of Hummingbot Academy! In this level, we’ve provide you with the basic concepts of crypto trading, introduce you to Hummingbot and our miner platform, and provide you with links to help navigate our resources online and through our community. We recommend that you start with

[Level 1] Basic Concepts of Crypto Trading

Order Book An order book is the list of orders that an exchange uses to record the interest of buyers and sellers for a particular financial market. A matching engine uses the book to determine which orders can be fully or partially executed Example of an order book on AscendEx

[Level 1] Introduction to Hummingbot and Liquidity Mining Campaigns

What is Hummingbot? Hummingbot is a high-frequency algorithmic trading bot written in Python and Cython that allows users to run market making bots on its supported exchanges. Everything you learned during the previous lessons such as creating an order, cancelling an order, and executing trades can be done with Hummingbot

[Level 2] Selecting markets, identifying trends, and reducing inventory risk

Tips for Selecting Markets Choosing the right market is the key to liquidity mining success. Here are some tips for selecting markets: 1. Select markets that are less volatile * Rapid changes in the exchange rate will cause frequent transactions that will make you lose a lot of money through transaction

[Level 2] Set up your Hummingbot

Welcome to Level 2! In this level, we will teach you how to set up Hummingbot client and a Hummingbot miner account to start earning liquidity mining rewards. We will walk you through different common strategies and teach you two basic strategies (pure market making and cross exchange-market making) to

[Level 2] Strategy #1: Pure Market Making (PMM) Strategy

Tips for choosing the right spread It is important to choose the right spread that balances liquidity mining rewards and having fewer filled trades (hence reducing transaction fees). Too small spread will increase the risk of fill orders, and as a result, the rewards can not cover the loss due

[Level 2] Fundamental philosophies for success, tips, hacks, and advice

Top misconceptions Trading is a rewarding and risky activity. If you’re new to Hummingbot, you’re in the midst of a mature community that has found market making to be both exciting and profitable in the long term. That might be you, but before you go all-in and mortgage

[Level 2] Exploring Common strategies

Exploring strategies and configurations The following pages will help you to explore how you can set up your bot with different strategies and configurations: 1. Strategies: * To explore all the different strategies provided by Hummingbot, you can visit Hummingbot Foundation’s documentation site: https://hummingbot.org/strategies/ 1. Global Configurations:

[Level 2] Use Cross-Exchange Market Making (XEMM) Strategy to Lower Risk

What is cross exchange market making? Cross exchange is a maker-taker strategy. Read more through the docs link and blog below : What is cross exchange market making?by Paulo Henrique Welcome back to our Educational Center, where we aim to help you to learn more about market making, arbitrage, and

[Level 3] Improve your Hummingbot Performance

Welcome to Level 3! In this level, we will teach you how to set up your Hummingbot in the cloud so that you can run Hummingbot 24/7 to maximize your profits and rewards. We will also teach you tips on managing your trading performance (P&L) and multiple bots,

[Level 3] Advanced strategies and tips

Key concepts in professional market making Spot perpetual market making / arbitrage strategy Spot perpetual market making / arbitrage Similar to pure market making strategy, Hummingbot continually posts limit bid and ask offers on a market and waits for other market participants ("takers") to fill their orders. In addition to that, position

[Level 3] Managing your bot performance: Intro guide to managing P&L

How does Hummingbot measure PnL ? Hummingbot calculates profitability by determining the portfolio value of the starting balance and the current balance in terms of the current exchange rate. To learn more about how and why we calculate PnL: How to measure performance in crypto trading Tips for capital deployment Different

[Level 3] Build the right setup: game up your Hummingbot liquidity mining

Running Hummingbot 24/7 in the cloud Why do we need to set up cloud servers? When running Hummingbot locally on your computer, closing the application or shutting down your machine also stops the bot from trading. Also, running locally relies on your computer's resources and internet connection. It is

[Level 4] Become a Pro

In this level, we will teach you more professional concepts to help you create highly customizable strategies by using web hooks and writing custom bots. This level is still work in progress. Please stay tuned for more updates. Reading for Level 4 — Professional [Academy Level 4] A. Professional — Setting custom

[Level 4] Custom scripts & webhooks

Building your custom strategy Here are some starting guides to building your custom strategy: Coding practice: strategy coding for dummies Here’s a great coding in practice that you can try by following the instructions in the following blog post written by developer and Hummingbot trader Ben. In this example,

Vote with your HBOT tokens!

21 million HBOT tokens distributed + 3 proposals ready for voting

Introducing the Hummingbot Governance Token: HBOT

HBOT Tokens empower holders to decide how the Hummingbot codebase changes over time through voting on proposals.

Hummingbot Newsletter - December 2021

Shipped v0.46.0 release | Harmony Liquidity DAO | New YouTube series on Pro Market Making | New Miner features: CSV export, watchlist, etc

Harmony and Hummingbot launch ONE Liquidity DAO

by Michael Feng Following the recent announcement of the Hummingbot Foundation, we’re excited to announce that the foundation plans to collaborate with Harmony to launch ONE Liquidity DAO (“Liquidity DAO”), an open, independent collective that will promote liquidity on the Harmony blockchain and for its tokens, primarily by building

Hummingbot Newsletter - November 2021

Hummingbot Foundation announcement | Shipped v0.45.0 release with new strategies and UI improvements | Hummingbot Gateway architecture

Introducing the Hummingbot Foundation

A new experimental organization that will coordinate the ongoing maintenance and improvement of Hummingbot via a decentralized set of actors

Hummingbot Gateway v2 Architecture - Part 2

by Martin Kou Update (February 2023):  Hummingbot Gateway v2 is now available as a standalone Github repository: https://github.com/hummingbot/gateway. Most of the functionality listed in this post has now been implemented, and we welcome contributions from the community. Introduction In Part 1 of this series, we have

dYdX Bounty Winner Announcement

After two months of hard work by the Hummingbot community, we are happy to announce the conclusion of the first dYdX Bounty that started in August.

Hummingbot Gateway v2 Architecture - Part 1

by Martin Kou Update (February 2023):  Hummingbot Gateway v2 is now available as a standalone Github repository: https://github.com/hummingbot/gateway. Most of the functionality listed in this post has now been implemented, and we welcome contributions from the community. Introduction Hummingbot Gateway is a software that allows Hummingbot

Hummingbot Newsletter - October 2021

Shipped v0.44.0 release with bybit and BitMart connectors | New docs site and community boards!

Hummingbot Newsletter - September 2021

Shipped v0.43.0 release | AscendEX campaign updates | dydx X Hummingbot bounty hunt

Development Diary #3

by Paulo H. B. Rebouças Welcome back to another development diary, where we bring updates on what our team is working on and a bit about the plans. In today's Development Diary, we will talk a bit about the Future! To keep improving Hummingbot, we need to have a target

Hummingbot Newsletter - August 2021

Shipped v0.42.0 release | AscendEX Blackjack Campaign w/ 21 NEW pairs | dydx X Hummingbot bounty hunt | New FEAR, DAFI, XCAD, Polkadex & Port Finance liquidity mining campaigns

dYdX + Hummingbot Bounty Hunt

We are happy to announce a new round of bounties to challenge the Hummingbot developer community, partnering with dYdX, a leading decentralized perpetuals exchange

Hummingbot Newsletter - July 2021

Shipped v0.41.0 release | AscendEX VIP fee structure for Hummingbot users | New DYP, PIVX, BitClout, DAO Maker, and Radix liquidity mining campaigns

Help us improve Hummingbot with a simple vote

by Paulo H. B. Rebouças Since we released Hummingbot out on the wild, we have seen a steady increase in our community size. Over time, we learned how important it is to listen to our community and what the Hummingbot users think we could improve on this fantastic trading tool.

Hummingbot Newsletter - June 2021

Hummingbot closes $8 million Series A | Shipped v0.40.0 release | Liquidity mining campaign updates

Hummingbot closes $8 million Series A round led by Initialized Capital

Hummingbot has raised $8 million in a Series A round led by venture capital firm Initialized Capital, Slow Ventures, Arrington XRP Capital, and other strategic partners.

Uniswap V3 & Hummingbot

by Paulo H. B. Rebouças At the beginning of this month, the DeFi space received some great news: Uniswap V3 would be launched. This was exciting news for anyone that is exploring the possibilities Decentralized Finance apps are creating. What caught our attention on the Uniswap V3 announcement was the

Open-Defi Hackathon winner announcement

by Paulo Henrique B. Rebouças The Open-Defi Hackathon has come to an end! Thanks to everyone who has participated in and supported the hackathon. Along with many other great blockchain and cryptocurrency projects, we have received some amazing submissions from our community: * Bounty #1 - Create a new Hummingbot Strategy

Hummingbot Newsletter | May 2021

Shipped v0.39.0 release, NEW Uniswap V3 strategy, Open Defi Hackathon, Q2 Roadmap, Hacken liquidity mining campaign, etc.

Hummingbot Roadmap - Q2 2021

by Michael Feng Two years ago, we decided to open source the technology stack that powered our quant hedge fund and launch Hummingbot. Back then, everyone thought we were crazy, stupid, or both. Today, Hummingbot has become the leading open source trading bot project in crypto, with 12,000+ Discord

Hummingbot Architecture Part 2

by Martin Kou Introduction In the last article of this series, we've discussed the design motivations behind Hummingbot, the clock and the market connectors. Today, we'll be discussing the architecture behind trading strategies - the very component that decides Hummingbot trades with your money. We will also discuss how you

Avellaneda strategy: A technical deep dive

by Nicolas Baum This article is based on an older version of the Avellaneda Strategy. You can find the latest version documentation here. Following our initial blog post on the new avellaneda_market_making strategy, we are back with deeper, more mathematical dive into ths strategy! Today we will explain

Open-DeFi Hackathon | Join the hunt for Hummingbot bounties

by Paulo Henrique B. Rebouças Hello Hummingbot Community Developers! Today we are happy to announce that we will be part of the upcoming Open Defi Hackathon in May! What is Open Defi? The Open Defi Network is “a global initiative to develop the decentralized financial ecosystem and advance the collaboration

A comprehensive guide to Avellaneda & Stoikov’s market-making strategy

by Paulo Henrique B. Rebouças This article is based on an older version of the Avellaneda Strategy. You can find the latest version documentation here. Welcome back to the Hummingbot Academy! A brand new strategy arrived with the latest Hummingbot release (0.38). It is fascinating for us because it

Hummingbot Newsletter | April 2021

Shipped v0.38.0 release, Conflux & Symbol campaigns, New market making strategy demo, etc.

Identifying trends

by Thomas Yit Disclaimer: The content of this article is provided by our blog contributor Thomas Yit and does not represent the views of CoinAlpha Inc./Hummingbot. The content below does NOT constitute investment, financial, legal, or tax advice, nor does any of the information contained on this article constitute

How to Use the New Spot-perpetual Arbitrage Strategy

by Paulo Henrique B. Rebouças Welcome back to the Hummingbot Academy! There is always something new to explore with a Hummingbot release, and 0.37 is no exception. There are two significant improvements to our favorite algorithm trading robot in this new version: * Perpetual Protocol connector: a new decentralized AMM

Hummingbot Newsletter | March 2021

Shipped v0.37.0 release, Miner 1-year recap, Firo campaign, job opps at Hummingbot, etc.

Hummingbot Architecture Part 1

by Martin Kou Introduction Hummingbot is a modular framework for building highly reliable, and high performance trading bots. While the official Hummingbot package already allows you to run high frequency trading strategies on a number of cryptocurrency exchanges, the underlying framework is freely extensible for building custom strategies, custom market

Introducing the new Perpetual Protocol connector and the perpetual-to-spot arb strategy

by Yingdan Liang We're thrilled to announce a new partnership with Perpetual Protocol, an Ethereum-based decentralized exchange of perpetual contracts for any asset. With this partnership, Hummingbot users will be able to earn arbitrage profits from reconciling price differences between Perpetual markets and spot markets. The Perp connector is included

Extracting the best value from your Hummingbot - Order Management configurations

by Paulo Henrique B. Rebouças Welcome to another piece of this series where we go through all possible configurations you can use on Hummingbot and explore the concepts behind them! Today we are going to talk about Order Management, and we will be covering the following topics: * As a market

Sharing is caring: 3 trading pairs I picked

by Thomas Yit Until now, the majority of the articles are about learning and optimizing Hummingbot. Let’s take this to the next level. Is it possible to profit from market making, and does liquidity rewards help mitigate directional risks? I share the following three markets(live) and performance in

Hummingbot Newsletter | February 2021

Released Hummingbot v0.36.0, KuCoin liquidity mining campaigns, New governance vote, etc.

Introducing the new Blocktane connector

by Yingdan Liang We are excited to launch Hummingbot’s new Blocktane connector in our next release v0.36.0, which will be shipped on February 8th! This new connector will bring the algorithmic trading superpower to Blocktane users. By setting up and running Hummingbot, users can trade more efficiently

Hummingbot vs Haasbot

by Thomas Yit In the previous comparison blog, we compared Cryptohopper and Hummingbot, and this time, we will continue to compare Haasbot and Hummingbot. The goal of this article is to test out both bots and help you make better decisions on which software to use for liquidity mining (Remember,

Hummingbot Newsletter | January 2021

Released Hummingbot v0.35.0, Frontier & QuarkChain liquidity mining campaigns, 2020 Year in Review, etc.

New order tracking feature

by Carlo P. Las Marias, Michael Liu We have just released a new feature in Hummingbot Miner that allows users to track the real-time orders created by their bots registered for liquidity mining! Users participating in liquidity mining will quickly notice that the Hummingbot Miner system typically requires about 30

Using TradingView and webhooks to automate Hummingbot

by Thomas Yit Some users may want to run Hummingbot for extended periods of time. Having a bot running for long periods of time has its advantages and disadvantages. The longer you have a bot running the more opportunities you have for a trade to occur. But this is not

Hummingbot's Year in Review 2020

by Yingdan Liang Can you think of a year more unforgettable than 2020? Since early 2020, the entire world has been enduring nonstop stresses and changes. At Hummingbot, we closed our office in Mountain View, California and decided to become a fully remote company. Today, we boast a rapidly growing

New arbitrage opportunity: Wrapped CELO

by Paulo Henrique B. Rebouças Hello arbitrageurs and market makers! Today I am bringing you some exciting news: CELO tokens have arrived on the Ethereum blockchain! Last week, Anchorage and Tokensoft announced that they brought both CELO and cUSD to Ethereum through Wrapped, connecting both layer one blockchains. What is

Hummingbot Newsletter | December 2020

Released Hummingbot v0.34.0 featuring the new Uniswap, dy/dx & Terra connectors. Phoenix Global, Avalanche & Stratis liquidity mining campaigns, etc.

How to arbitrage AMMs like Uniswap and Balancer

by Paulo Henrique B. Rebouças Welcome back to the Hummingbot Academy! Lately, we have talked a lot about how you can use and customize Hummingbot to create a market-making strategy that will suit your trading needs. But with the release of version 0.33, we added a new decentralized exchange

Aggregate trade data collection notification

by Jason Tomlinson The open-source Hummingbot client is fulfilling its mission of democratizing market making. The growth in features, connectors, and community members has been incredible for the team to watch. With growth comes additional opportunities but also additional expenses. Our 24/7 online support and world class documentation is

Extracting the best value from your Hummingbot - Price Source Configurations

by Paulo Henrique Welcome back to the series of articles where you will learn how to make the best use of your Hummingbot configurations. In the two latest articles (Commands part 1 and Commands part 2), we went through all the commands you can use on your client terminal and

Hummingbot vs Cryptohopper

by Thomas Yit Back in 2019, we investigated 12 bots based on their relative ease of use of installation, configuration, and operation in two blog posts, Bot reviews, part 1 and Bot reviews, part 2. This time, we decided to do an more in-depth comparison of Cryptohopper against Hummingbot in

Extracting the best value from your Hummingbot - Commands part 2 and Global Configurations

by Paulo Henrique Welcome back to the Hummingbot Academy and the second part of the series of articles that will help you make the best use of your Hummingbot. Last article we went through some of the commands that you can use to operate your bot, and how they work.

Hummingbot Bi-weekly #47

New release v.0.33.0, Balancer partnership, Binance.US, & Binance Futures connectors, HARD liquidity mining campaign with the BIGGEST ever reward pool, etc.

Extracting the best value from Hummingbot - Commands part 1

by Paulo Henrique Welcome back to the Hummingbot Academy! Through the resources available here on the Academy, you have already learned: * What is market making * How to install Hummingbot * How to configure a market making bot * How to run your bot in live or paper trading mode Starting to use

Introducing the new Balancer connector and arbitrage strategy!

by Michael Feng We're incredibly excited to announce a new partnership with Balancer, a leading Ethereum decentralized exchange, that allows Hummingbot users to earn arbitage profits from reconciling differences between Balancer and other exchanges. The Balancer connector is included with the v0.33 release of Hummingbot that ships today, along

Hummingbot Bi-weekly #46

Algorand and NEM liquidity mining campaigns, Comparing Hummingbot vs. AMMs, New website, & more!

What is inventory risk?

by Paulo Henrique What is Inventory Risk? Hello again Hummingbot community! Today we will start to talk about what I consider most important factor that is part of all types of trading operations: risk and risk management. As one of the biggest investors of our time once said: "Risk comes

Hummingbot Bi-weekly #45

Shipped v0.32.0 release, Liquidity2020 conference, Hummingbot Academy, & more!

Introducing Hummingbot Academy

by Paulo Henrique Good day Hummingbot community! A month has passed since I published the first article on our blog, and after covering the three main strategies pure market making, arbitrage, cross-exchange market making) you can implement using Hummingbot, it's time to talk a bit about what Hummingbot Academy is

Hummingbot Bi-weekly #44

KuCoin liquidity mining launch, governance update & more!

What is cross exchange market making?

by Paulo Henrique Welcome back to our Educational Center, where we aim to help you to learn more about market making, arbitrage, and everything related to algorithmic trading. Today we will talk about one of the core strategies that can be used with hummingbot: cross-exchange market making. The objective of

What is Arbitrage?

by Paulo Henrique Welcome to Hummingbot Academy! Last week we published the first article of the Hummingbot Academy, covering an introduction to what is Market Making, and today we discuss Arbitrage in order to answer the following questions: * What is arbitrage? * What do arbitrageurs do? * How to run arbitrage operations?

Hummingbot Bi-weekly #43

Shipped v0.31 release, crypto.com partnership, Hummingbot Academy, & more!

What is market making?

by Paulo Henrique Welcome to Hummingbot Academy! If you reached this page, there is a high probability that you have been asking one of these questions: * What is a market maker? * What do market makers do? * How can I become a market maker? * How do I create a market making

Hummingbot Bi-weekly #42

Introducing community voting, more developer resources, & more!

Scaling the Hummingbot developer community

by Michael Feng From the beginning, we conceived of Hummingbot as a shared public utility: an open source project that helps you create trading bots on any crypto exchange without having to write low-level integrations to exchange APIs. We knew that we would have to create first few exchange integrations,

Hummingbot connector governance

by Michael Feng At Hummingbot, our mission is to make algorithmic trading accessible to anyone in the world. That’s why we built an open source framework that allows anyone to run trading bots on any exchange. This prevents both individual traders and funds from having to build and maintain

Hummingbot Bi-weekly #41

Shipped new release v0.30.0, Magic-powered email login, Mandarin support, etc.

Comparing liquidity mining options in DeFi vs. Hummingbot

We explain how Hummingbot Miner compares to DeFi yield farming and liquidity mining

Hummingbot Bi-weekly #40

New top miner interview, Raspberry Pi guide, COTI campaign launch

Deploying Hummingbot on a Raspberry Pi

by Ethan Moraleda, Carlo P. Las Marias First of all, we owe much of the content of this blog post to one of our community members (@Punkhead) on our discord, who experimented with running Hummingbot on a Raspberry Pi and managed to successfully get it working! He also published a

Hummingbot Bi-weekly #39

Shipped new release v0.29.0, New performance dashboard, Interview with Harry Yeh of Binary Fintech Group, Basic risk management tutorial, etc.

Hummingbot Bi-weekly #38

v0.28.1 hotfix shipped! New market making tutorial videos, guest post on inventory risk and more.

Guest post: my take on market making and inventory risk

by phgnomo This below article is adapted from community member (Discord ID: phgnomo#1429)'s comment in our Discord group. Our blog will provide a space for our community members who produce quality content on market making, crypto algo trading, trading strategies, and insights. In the future, we are going

Hummingbot Bi-weekly #37

Shipped v0.28.0 release with new Celo connector + strategy, Mainframe liquidity mining campaign, May recap, etc.

Celo + Hummingbot

by Michael Feng TL;DR In the next release of Hummingbot (ETA 2 weeks), we will be officially supporting the Celo blockchain protocol and releasing a new algorithmic trading strategy called celo-arb. This strategy will allow anyone with cGLD or cUSD, the two native tokens of the Celo ecosystem, to

Hummingbot Bi-weekly #36

New Celo-arb strategy, New top miner interview, LAST free training session, etc.

Hummingbot Bi-weekly #35

Shipped v0.27.0 release, Solana campaign starting next week

Hummingbot Bi-weekly #34

Welcome to the Hummingbot Bi-weekly, your regular dose of updates about new features 🤖, upcoming events 🎉, and announcements from our rapidly expanding community 👪! Hope this issue finds you and your ❤️loved ones safe and strong 💪.Subscribe to never miss any new issue. 🙋🏻‍♂️ Note from our CEO Hey everyone, I’m going

Hummingbot Bi-weekly #33

Welcome to the Hummingbot Bi-weekly, your regular dose of updates about new features 🤖, upcoming events 🎉, and announcements from our rapidly expanding community 👪! Hope this issue finds you and your ❤️loved ones safe and strong 💪. Subscribe to never miss any new issue. 🚀 We shipped new Hummingbot v0.26.0 today! This

Hummingbot Bi-weekly #32

Launching Eagle Club, Liquidity mining 1-month recap, free training sessions and more

Hummingbot Bi-weekly #31

New release v0.25.0, new forum, recommended settings for new liquidity miners, etc.

🌊 ⛏ Launching Liquidity Mining with Harmony, iExec, Zcoin & Zilliqa!

Start earning rewards today!

Hummingbot Bi-weekly #30

New release v0.24.0, free Liquidity Mining training sessions, etc

Hummingbot Bi-weekly #29

Liquidity mining open beta, Free tickets to BitAngels February event, and more!

Mapping the crypto market maker landscape: list of 30+ market makers

Regularly updated list of crypto market makers

Join Liquidity Mining Open Beta today!

Launch of liquidity mining open beta, release of Hummingbot v0.23.0.

Hummingbot Bi-weekly #28

Open Beta test for Liquidity Mining, 0xpo 2020, and more

Hummingbot Bi-weekly #27

KuCoin partnership, Hummingbot roadmap 2020, AMA with iExec, Internal Alpha test for Liquidity Mining, and more

Hummingbot partners with KuCoin for high frequency trading

by Carlo P. Las Marias Hummingbot is thrilled to announce that it has partnered with leading crypto exchange KuCoin to bring Hummingbot’s trading capabilities to the exchange. KuCoin Exchange Connector Integrating Hummingbot to KuCoin will enable KuCoin's account holders to deploy Hummingbot’s quantitative and algorithmic strategies to engage

Hummingbot roadmap for 2020

by Michael Feng 2019 recap At Hummingbot, our mission is to democratize high-frequency trading (HFT). Before, only hedge funds had the technology to run lucrative HFT strategies like market making and arbitrage. After we launched Hummingbot in April 2019, ten thousand people around the world have installed our open source

Hummingbot Bi-weekly #26 | Happy New Year!

v0.21.0 release, Tokyo meetup, iExec interview, new encryption feature explained & more

Introducing Hummingbot's new key encryption feature

by Yingdan Liang In an effort to make our users' sensitive configuration settings such as private keys, exchange API keys and secrets more secure, we have added a new feature that allows you to encrypt and decrypt your sensitive information since the version 0.20.0. Previously, your exchange API

Hummingbot Bi-weekly #25

v0.20.0 release, Liquidity Mining rewards explained, Liquid interview replay, ZCoin AMA & more

Demystifying liquidity mining rewards

We explain in more detail the methodology and mechanics of liquidity mining, a data-driven, objective methodology for quantifying market maker performance

Hummingbot Bi-weekly #24 | Liquidity Mining launch update

Liquidity Mining launch update, Hummingbot Live with Liquid, AMA with ZCoin & more

How to use advanced market making features

by Yingdan Liang During the past two months, we have added a number of advanced features to the pure market making strategy to help users run Hummingbot with less risk and more profit! This post describes how these new features work: * Paper trading mode * Inventory skew * Best bid-ask jumping * Other

Hummingbot Bi-weekly #23

v0.19.0 release, Singapore/Jakarta meetups, Liquidity Mining app designs and more

Introducing Liquidity Mining | Hummingbot Bi-weekly #22

v0.18.0 release, Liquidity Mining, Singapore & Jakarta meetups, Hummingbot design, and more

Introducing Liquidity Mining

A digital marketplace for liquidity, powered by the Hummingbot open source software that lets anyone run a market making bot

Hummingbot Bi-weekly #21

v0.17.0 release, crypto liquidity report, partnership with Liquid.com, SFBW, and more

Hummingbot Bi-weekly #20

v0.16.0 release, Dolomite interview, $ONE Makers updates, WeChat group, and more

Hummingbot Bi-weekly #19

v0.15.0 release, Hummingbot Evangelist Program, strategy hacks and more

Hummingbot Strategy Hacks 101

by Carlo P. Las Marias Hummingbot currently comes with three main built-in trading strategies. A quick recap, these are: 1. Pure-market making: the most general form of market making, placing bid and asks for a single token pair on a single exchange. 2. Cross exchange market making (aka liquidity “mirroring”

Announcing the $ONE Makers community bounty reward

by Carlo P. Las Marias Since the launch of the $ONE Makers program, we and Harmony have been overwhelmed with the results thus far. In our previous post (Does community-based market making work?), we explained that we have been very encouraged to see tangible signs that our mission of decentralizing

Hummingbot Bi-weekly #18

v0.14.0 release, custom strategy bounty, dev forum and more

Does community-based market making work? Analyzing 2 months of data from $ONE Makers

Could people actually make money or would they get destroyed by more sophisticated players? How many people are needed to effectively replace a professional market maker?

Welcome to Hummingbot Bi-weekly!

All things hummingbot and crypto

How to measure performance in crypto trading

by Anish Neervannan Tracking your crypto trading profit or loss (P&L) is crucial in evaluating the effectiveness of your trading strategies, investment decisions, and portfolio management strategy. In traditional financial markets, determining profits and losses is a relatively straightforward task as conventions and regulations are well-established. However, tracking P&

How to run Hummingbot in the cloud: comparing different cloud providers

by Nikhil Kona and Anish Neervannan For users who are looking to run Hummingbot for prolonged periods of time, especially multiple bots simultaneously, local installation can be limiting. Currently, each bot requires its own docker image, which can use up local computing power, memory, and storage. Further, your bots can

Crypto trading bots in 2019: How easy are they to use? | Batch #2

by Yingdan Liang As we build Hummingbot, we try to learn from other trading bot platforms in order to develop the best user experience for our community. We are also huge fans of other open source projects that democratize algo trading! Building upon our well-received crypto bot reviews post, we

How I started crypto trading | Interview #3

by Yingdan Liang Welcome to the 3rd interview of this series! In this post, we will introduce Manuel Zeiler who is an experienced crypto trader and a co-founder of DApp discovery platform Token Valley. Manuel once created a crypto market making bot that ran on IDEX, Bittrex and HitBTC, and

A developer's guide to crypto algo trading

by Yingdan Liang Algorithmic trading is the process of using computers programmed to follow a pre-defined set of rules for automatically placing trades in order to generate profits at high speed and high frequency. The pre-defined sets of rules, called an algorithm, can range from quantitative strategies to machine learning

Exchange types explained: CLOB, RFQ, and Automated, oh my!

We analyze the three common exchange types: CLOB, RFQ and AMM

Introducing the Hummingbot bug bounty program

We are excited to announce a bounty program for reward users who help improve Hummingbot's stability and reliability!

Hummingbot is live!

by Carlo P. Las Marias Welcome to decentralized market making. Hummingbot is now public and open-source, and we’re beyond excited to bring this high-frequency market making trading bot to the masses. The software is currently available on our github and docker. Table of Contents * Table of Contents * What is

The Hummingbot origin story

Why we decided to build an open source market making bot

Deep dive: we answer 7 common questions about Hummingbot

Common FAQs about Hummingbot

The thin crust of liquidity: Why crypto needs more market makers

Long post that explains how the market making industry works and why decentralizing it is necessary