A faithful implementation of the Paradigm pm-AMM (Moallemi & Robinson, 2024). Time-decaying liquidity L_eff = L₀·√(T−t) delivers uniform LVR across price and time, with continuous LP yield via the dC_t mechanism — plus permissionless crowd-bootstrapped markets through Commitment Vaults.
Binary YES/NO markets priced by P = Φ((y−x)/L_eff). Liquidity decays to zero at expiry so LVR is constant per unit time — LPs earn a predictable yield, arbitrageurs keep the price honest.
Anyone opens a vault; the crowd commits USDC; at launch the market is seeded at the commit-implied price. Binary, or multi-outcome categorical markets of 2–8 legs with Σ pᵢ = 1.
One typed client wraps all 26 instructions: PDA helpers, decoded reads, composable instruction builders, send wrappers, multi-tx flows, and the float-64 pricing math. Framework-agnostic.
Point the client at any deployment — pass your program id and collateral mint, supply a wallet provider to sign. Read the integration guide to get started.
// 1. construct a client (read-only or wallet-aware) import { PmAmmClient } from "@pm-amm/sdk"; const client = PmAmmClient.fromProvider(provider, PROGRAM_ID, USDC_MINT); // 2. read markets, or create one const markets = await client.fetchAllMarkets(); await client.send.createMarket({ name: "Will it ship?", durationSecs: 86_400, depositUsdc: 100, });