Polymarket Terminal

An automated trading terminal for Polymarket — copy trades, provide liquidity, and snipe low-priced orderbook fills, all from your command line.

Created by @direkturcrypto

---

Table of Contents

• Features
• Prerequisites
• Installation
• Configuration
• Usage
• Running on VPS with PM2
• How It Works
• Project Structure
• Important Warnings
• License

---

Features

Copy Trade Bot

• Watch Trader — Monitor any Polymarket wallet address in real time via WebSocket
• Copy Buy — Automatically mirror buy orders with configurable position sizing
• Copy Sell — Automatically mirror sell orders (market or limit)
• Auto Sell — Place a GTC limit sell at a target profit % immediately after a buy fills
• Auto Redeem — Periodically check and redeem winning positions on-chain
• Market Expiry Guard — Skip buys if market closes within MIN_MARKET_TIME_LEFT seconds
• GTC Fallback — Falls back to a GTC limit order when copying "next market" trades with no liquidity
• Per-Market Queue — Concurrent events for the same market are serialized to prevent duplicate buys
• Dry Run Mode — Simulate the full flow without placing real orders

Market Maker Bot

• Automated Liquidity — Splits USDC into YES+NO tokens and places limit sells on both sides at $0.50 entry
• Cut-Loss Protection — Merges unsold tokens back to USDC before market close
• Recovery Buy — Optional directional bet after a cut-loss triggers
• Multi-Asset — Supports BTC, ETH, SOL, and any 5m/15m Polymarket market
• Simulation Mode — Full dry-run with P&L tracking

Orderbook Sniper Bot

• Low-Price Orders — Places tiny GTC BUY orders at a configurable price (e.g. $0.01) on both sides
• Multi-Asset — Targets ETH, SOL, XRP, and more simultaneously
• Simulation Mode — Preview orders without spending funds

---

Prerequisites

Requirement	Details
Node.js	v18 or higher (ESM support required)
Polygon Wallet	An EOA wallet with a private key
Polymarket Proxy Wallet	Your proxy wallet address (visible on your Polymarket profile → Deposit)
USDC.e on Polygon	Deposited via Polymarket's deposit flow
MATIC on Polygon	A small amount for gas fees (redeem & on-chain operations)
PM2 (optional)	For running on a VPS: npm install -g pm2

---

Installation

# 1. Clone the repository
git clone https://github.com/direkturcrypto/polymarket-terminal.git
cd polymarket-terminal

# 2. Install dependencies
npm install

# 3. Copy the environment template
cp .env.example .env

# 4. Fill in your credentials
nano .env

---

Configuration

All settings are controlled via the .env file. Never commit your .env file — it is already listed in .gitignore.

Wallet Setup

Variable	Description	Required
PRIVATE_KEY	Your EOA private key (signing only, does not hold USDC)	Yes
PROXY_WALLET_ADDRESS	Your Polymarket proxy wallet address	Yes
POLYGON_RPC_URL	Polygon JSON-RPC endpoint	Yes

How to find your Proxy Wallet: Log in to polymarket.com → click your profile → Deposit → copy the wallet address shown.

Polymarket API Credentials (Optional)

Leave these blank to have the client auto-derive credentials from your private key.

Variable	Description
CLOB_API_KEY	CLOB API key
CLOB_API_SECRET	CLOB API secret
CLOB_API_PASSPHRASE	CLOB API passphrase

Copy Trade Bot Settings

Variable	Description	Default
TRADER_ADDRESS	Proxy wallet address of the trader to copy	(required)
SIZE_MODE	percentage (of MAX_POSITION_SIZE) or balance (of your USDC balance)	balance
SIZE_PERCENT	Percentage to use per trade	10
MIN_TRADE_SIZE	Minimum trade size in USDC (skip if below)	1
MAX_POSITION_SIZE	Maximum USDC per market position	10
AUTO_SELL_ENABLED	Place a limit sell after each buy fills	true
AUTO_SELL_PROFIT_PERCENT	Target profit % for the auto-sell limit order	10
SELL_MODE	market or limit when copying a sell	market
REDEEM_INTERVAL	Seconds between redemption checks	60
MIN_MARKET_TIME_LEFT	Skip buy if market closes within this many seconds	300
GTC_FALLBACK_TIMEOUT	Seconds to wait for GTC fill when FAK finds no liquidity	60
DRY_RUN	Simulate without placing real orders	true

Market Maker Bot Settings

Variable	Description	Default
MM_ASSETS	Comma-separated assets to market-make (e.g. btc,eth)	btc
MM_DURATION	Market duration: 5m or 15m	5m
MM_TRADE_SIZE	USDC per side (total exposure = 2×)	5
MM_SELL_PRICE	Limit sell price target (e.g. 0.60)	0.60
MM_CUT_LOSS_TIME	Seconds before close to trigger cut-loss	60
MM_MARKET_KEYWORD	Keyword to filter market questions	Bitcoin Up or Down
MM_ENTRY_WINDOW	Max seconds after open to enter (0 = open only)	45
MM_POLL_INTERVAL	Seconds between new market polls	10
MM_RECOVERY_BUY	Enable recovery buy after cut-loss	false
MM_RECOVERY_THRESHOLD	Minimum dominant-side price to qualify for recovery	0.70
MM_RECOVERY_SIZE	USDC for recovery buy (0 = use MM_TRADE_SIZE)	0

Orderbook Sniper Settings

Variable	Description	Default
SNIPER_ASSETS	Comma-separated assets to snipe (e.g. eth,sol,xrp)	eth,sol,xrp
SNIPER_PRICE	Buy price per share (e.g. 0.01 = $0.01)	0.01
SNIPER_SHARES	Shares per side (minimum 5 per Polymarket rules)	5

---

Usage

Terminal UI (local)

Runs with an interactive split-panel dashboard (blessed TUI).

# Copy Trade Bot
npm start           # live trading
npm run dev         # live + auto-reload on file changes

# Market Maker Bot
npm run mm          # live trading
npm run mm-sim      # simulation (DRY_RUN=true)
npm run mm-dev      # simulation + auto-reload

# Orderbook Sniper Bot
npm run sniper      # live trading
npm run sniper-sim  # simulation
npm run sniper-dev  # simulation + auto-reload

Plain Log Mode (no TUI)

Writes plain timestamped text to stdout — suitable for piping, tail -f, or PM2.

# Copy Trade Bot
npm run bot         # live trading
npm run bot-sim     # simulation
npm run bot-dev     # simulation + auto-reload

# Market Maker Bot
npm run mm-bot      # live trading
npm run mm-bot-sim  # simulation
npm run mm-bot-dev  # simulation + auto-reload

Always test with DRY_RUN=true (or *-sim scripts) first before committing real funds.

---

Running on VPS with PM2

Each bot has its own PM2 config file inside the pm2/ folder.

Install PM2

npm install -g pm2

Copy Trade Bot

# Live trading
pm2 start pm2/copy.config.cjs

# Simulation
pm2 start pm2/copy.config.cjs --env sim

# View logs
pm2 logs polymarket-copy
tail -f logs/copy-out.log

# Management
pm2 restart polymarket-copy
pm2 stop polymarket-copy
pm2 delete polymarket-copy

Market Maker Bot

# Live trading
pm2 start pm2/mm.config.cjs

# Simulation
pm2 start pm2/mm.config.cjs --env sim

# View logs
pm2 logs polymarket-mm
tail -f logs/mm-out.log

# Management
pm2 restart polymarket-mm
pm2 stop polymarket-mm
pm2 delete polymarket-mm

Auto-start on reboot

pm2 startup        # generates a startup command — run the command it prints
pm2 save           # saves current process list

---

How It Works

Copy Trade Bot Flow

WebSocket (RTDS) — real-time trade events from trader
        │
        ▼
Per-market queue (prevents concurrent duplicate buys)
        │
   ┌────┴──────┐
   │           │
  BUY         SELL
   │           │
   ├─ Expiry guard (MIN_MARKET_TIME_LEFT)
   ├─ Max position cap          ├─ Cancel open orders
   ├─ FAK market buy            ├─ Reconcile on-chain balance
   │  └─ 0 fill? → GTC fallback ├─ FAK market sell / limit sell
   ├─ Place auto-sell GTC       └─ Remove position
   └─ Save position
        │
        ▼
Redeemer loop (every REDEEM_INTERVAL seconds)
  → Check on-chain payout → redeemPositions via Gnosis Safe

Market Maker Flow

New Market Detected
        │
        ▼
Split USDC → YES + NO tokens ($0.50 each, zero slippage)
        │
        ▼
Place limit SELL on both sides at MM_SELL_PRICE
        │
        ▼
Monitor fills every few seconds
        │
   ┌────┴────┐
   │         │
 Fill    Time < MM_CUT_LOSS_TIME
   │         │
   ▼         ▼
Collect  Cancel orders → Merge YES+NO back to USDC
 profit    (recovery buy optional)

---

Project Structure

polymarket-terminal/
├── src/
│   ├── index.js               — Copy trade bot (TUI)
│   ├── bot.js                 — Copy trade bot (plain log / PM2)
│   ├── mm.js                  — Market maker bot (TUI)
│   ├── mm-bot.js              — Market maker bot (plain log / PM2)
│   ├── sniper.js              — Orderbook sniper bot
│   │
│   ├── config/
│   │   └── index.js           — Environment variable loading & validation
│   │
│   ├── services/
│   │   ├── client.js          — CLOB client initialization & USDC balance
│   │   ├── watcher.js         — Poll-based trader activity detection
│   │   ├── wsWatcher.js       — WebSocket real-time trade listener
│   │   ├── executor.js        — Buy & sell order execution logic
│   │   ├── position.js        — Position state management (CRUD)
│   │   ├── autoSell.js        — Auto limit-sell placement
│   │   ├── redeemer.js        — Market resolution check & CTF redemption
│   │   ├── ctf.js             — On-chain CTF contract interactions
│   │   ├── mmDetector.js      — Market detection for market maker
│   │   ├── mmExecutor.js      — Market maker strategy execution
│   │   ├── sniperDetector.js  — Market detection for sniper
│   │   └── sniperExecutor.js  — Orderbook sniper order placement
│   │
│   ├── ui/
│   │   └── dashboard.js       — Terminal UI (blessed)
│   │
│   └── utils/
│       ├── logger.js          — Timestamped logging (TUI + plain modes)
│       ├── state.js           — Atomic JSON state file management
│       └── simStats.js        — Simulation P&L statistics
│
├── pm2/
│   ├── copy.config.cjs        — PM2 config for copy trade bot
│   └── mm.config.cjs          — PM2 config for market maker bot
│
├── data/                      — Runtime state files (gitignored)
├── logs/                      — PM2 log files (gitignored)
├── .env.example               — Configuration template
├── .gitignore
└── package.json

---

Important Warnings

• Never commit your .env file. Your private key must remain secret. The .gitignore already excludes it.
• Always start with DRY_RUN=true (or a *-sim script) to verify the bot behaves as expected before using real funds.
• Use a small SIZE_PERCENT for initial live runs to limit exposure.
• Keep MATIC in your EOA wallet for gas fees (redeem operations and on-chain CTF calls).
• This software is provided as-is, with no guarantees. Prediction market trading carries significant financial risk. You are solely responsible for any losses.

---

Credits

Built and maintained by @direkturcrypto.

---

License

ISC License — see LICENSE for details.