Manifesto

Most market-making services for small-cap tokens are optimized for one thing: printing volume so the operator can charge a bigger retainer. The bot buys high, sells low, and the project loses the treasury it was trying to protect.

We think that's dishonest.

An honest market maker exists to keep the order book usable — tight spreads, real depth on both sides, no exotic tricks — while defending the project's inventory. If the bot is already long the token, it shouldn't be selling harder into a dip. If it's already deep in USDT, it shouldn't be buying more at the top.

What "honest" means here

• Inventory-aware quotes. The bot skews price against the position and stops quoting one side entirely if the inventory band is breached.
• Hard drawdown kill. If realized losses exceed your threshold in a rolling window, the pair auto-pauses. No black-box "just trust us".
• You own everything. Your keys, your capital, your rules, your logs. We're a tool, not a custodian.
• Transparent code path. Every tick logs what the bot did and why. No hidden basket, no shadow book, no wash-trading against retail.

Part of the honest.money ecosystem

Honest Market Maker is one piece of the honest.money ecosystem — tools built on the belief that sound-money principles and sound-engineering principles should meet in the products people actually use.