Market Making · Tokenized Assets

Protocol-Owned Market Making for Tokenized Assets

For issuers of tokenized assets. Fexr operates market making on your behalf against protocol-owned liquidity — the pool and capital stay yours, the quoting engine is ours, and it's steered by the same signal intelligence institutional desks run on.

See it for your asset How it works

You own the liquidity. We operate it.

Protocol-owned market making keeps the capital in the issuer's control and puts Fexr's engine to work against it. Three clear lines, drawn once.

01 · OWNERSHIP

The liquidity stays yours

Capital and the pool sit in protocol-owned liquidity the issuer controls. Fexr never takes custody and never posts principal of its own — nothing to withdraw, nothing to walk away with.

02 · OPERATION

Fexr runs the engine

Quoting, range placement, inventory and rebalancing are run by Fexr's software against your pool — continuously, across the venues where your asset trades. You see the posture; you keep the controls.

03 · TERMS

A software engagement

No custody, no principal capital from Fexr, no profit share. Fexr is the vendor of the engine and the intelligence behind it. Venue and asset set are scoped per engagement.

The edge is the intelligence steering it.

The engine doesn't quote blind. It reads live signals from the Fexr intelligence terminal — the same feeds behind Market Signals — and adjusts spread, depth and range before the market confirms the move.

VOLUME_ANOMALY

VOLUME_ANOMALY = today's 24h volume ÷ trailing 7d average

Fexr-operated Anomaly detected — spread widens and range tightens to limit adverse selection through the spike. Normalizes when volume resets.

VOLUME_ANOMALY · Market Signals

TOKEN_UNLOCKS

TOKEN_UNLOCKS = vesting schedule + modeled impact forecast

Fexr-operated Unlock window identified in advance — bid-side depth eases and spread widens to protect the issuer's inventory before the event.

TOKEN_UNLOCKS · Market Signals

SMART_MONEY_FLOW

SMART_MONEY_FLOW = labeled_wallet inflows − outflows

Fexr-operated Directional flow detected — depth and inventory skew to align. Drift on the issuer's pool is controlled before it accumulates.

SMART_MONEY_FLOW · Market Signals

GOVERNANCE

GOVERNANCE = active + passed proposals, with outcomes

Fexr-operated High-impact proposal detected — spread widens ahead of the vote and repositions for the post-vote repricing.

GOVERNANCE · Market Signals

What the issuer gets

Depth that stays

Protocol-owned liquidity doesn't chase emissions and doesn't flee a drawdown. The book holds when your holders actually need it.

Measurable, verifiable

Depth and reliability are reported as metrics, not adjectives — and both are checkable on-chain, independent of us.

DEPTH_1PCT · QUOTE_UPTIME

You keep control

No custody handoff, no principal from Fexr, no profit share. The engine operates your pool; ownership and the off-switch stay with you.

Venue & asset agnostic

CLMM pools, order books, or both — wherever your tokenized asset trades. One engine, scoped to your markets.

Signal-steered, not passive

The same intelligence institutional desks pay for — VOLUME_ANOMALY, SMART_MONEY_FLOW, TOKEN_UNLOCKS, GOVERNANCE — driving how your pool quotes.

Scoped to you

Target depth, venue set, and signal configuration are set per engagement — matched to your asset's markets, not a template.

The specifics — target depth, venues, and the exact signal configuration — we work through live, mapped to your asset rather than a generic deck. Book a 30-minute call and we'll show you how protocol-owned market making would run for your token's markets.

Book a call

30 minutes. Scoped to your asset. No pitch.