user.mmp_trigger.(index_name)

Real-time notifications for Market Maker Protection (MMP) triggers. This subscription provides feedback when MMP protection is activated for a given index, enabling clients to react promptly when protection is triggered.

Upon MMP being triggered for a given index, the client will receive a trigger notification containing:

frozen_until: Unix timestamp in milliseconds indicating until when the MMP is active (orders remain blocked). If frozen_until: 0, it means MMP will remain active until manually reset using the private/reset_mmp method.
index_name: Index identifier of derivative instrument on the platform. For Block RFQ MMP, this will be “all” when triggered by trade count limit.
mmp_group: Triggered MMP group (optional, appears only for Mass Quote orders trigger)
block_rfq: If true, indicates that the MMP trigger is for Block RFQ. Block RFQ MMP triggers are completely separate from normal order/quote MMP triggers.

This notification allows the client to track MMP state per index and avoid submitting new orders that would be rejected due to ongoing MMP freeze.

📖 Related Article: Market Maker Protection API Configuration

Messages

index_name

type:string

required

Index identifier, matches (base) cryptocurrency with quote currency

Allowed values: btc_usd, eth_usd, ada_usdc, algo_usdc, avax_usdc, ... (total 47 values)

Subscription Request

type:object

Client sends subscription request to subscribe to notification channel. Please refer to Notification page for more information.

Subscription Notification Data

type:object

Server sends subscription notification data

block_trade_confirmations.(currency) user.portfolio.(currency)

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Introduction

Websockets

user.mmp_trigger.(index_name)