Pool hedging

Read the pool’s exposure and the advisory hedge, over the market-maker gateway.

A market maker that supplies ZLP becomes the counterparty of ZEUS traders. These reads give the data to hedge the pool’s net exposure on another venue. They need an apiKey.

const exposure = await zeus.pool.exposure()
const hedge = await zeus.pool.hedgeRecommendation()
for (const row of hedge.recommendations) {
  console.log(row.market, row.action, row.notionalUsd)
}

Call	Returns
pool.vault()	TVL, economic NAV, free and reserved liquidity, utilization, ZLP price
pool.exposure()	Long and short open interest, net skew, aggregate exposure
pool.markets()	The same per market, with caps and the market’s risk state
pool.pnl()	The pool’s realized and unrealized PnL and fee attribution
pool.risk()	Active limits, thresholds and open alerts
pool.hedgeRecommendation()	Per market: the pool’s net exposure and a suggested BUY, SELL or NONE with a notional

A positive vaultNetExposureUsd means the pool is net long that market, so the suggestion is to sell it elsewhere. The recommendation is advisory; ZEUS never places a hedge. The exposure stream pushes the same data every 5 seconds.